Greece raises minimum wage by 7.7%

It is the second time that Greece changes the minimum wage, after its 2% increase in January this year.

It is an amount which, in combination with the first increase in January, is equivalent to an overall increase of 9.7% compared to the minimum wage of 2021. Simply put, almost 650,000 employees in this category will benefit more than one additional net salary per year. A 15th salary is henceforth added to their income.

The second increase in the minimum wage comes at a time of criticism of the Mitsotakis government, as most citizens are facing an unprecedented wave of rising prices for heating gas, fuel, food items and especially electricity bills. In recent days, according to the European Map of Electricity Prices, Greece buys electricity more expensive than any other country in Europe, and opposition parties are increasingly criticizing the Mitsotakis government for its inability to cope with this situation that has led to inflation. the largest of the last three decades.

According to the Greek Prime Minister, wages, indeed, are still very low in the country as the wounds of the ten-year financial crisis have not healed and the global inflation explosion is hitting the underprivileged and the unemployed first.

Now it’s the turn to raise lower incomes and that ‘s what we’re doing. With a movement required by the situation. That employees deserve. And that companies can afford it. Because this important change of the basic salary increases the social assistance by 31 euros every month.

While Mitsotakis has stressed that unemployment in the 33 months of his rule has fallen by 5%, despite the pandemic crisis and now the war in Ukraine, in its first reaction the opposition party Syriza, which is already approaching the New Democracy in the polls, has stated that today’s announcement of the government is a result of social pressure, which does not change the deadlock where it is and very soon the citizens will send the bill to the prime minister and his party.

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