Over 830 euros gross will be the new minimum wage announced today by the government and effective from April 1st.

In particular, information indicates that it will range from 830 to 840 euros, with the bar of expectations, in terms of the amount actually reaching 840 euros, being rather low, without ruling out, however, that the prime minister “eventually pulls off the surprise” during the announcements.

In any case, it should be noted that the net amount, the one that the employee receives “in hand”, is much smaller.

Considering that with the current minimum wage, the net profit is 667 euros, the new minimum gross wage will actually give around 710 euros.

It is obvious that despite the important steps that have been taken in recent years, in terms of increasing the amount, the “gap remains huge” since the minimum wage in 2011 was indicatively 751 euros.

Thus, despite successive increases in the last four years, they remain penultimate, in terms of purchasing power, in the EU.

The new increase in the minimum wage will be announced to the Cabinet.

As the government representative, Pavlos Marinakis, pointed out yesterday, during the briefing of political editors, the minimum wage from 2019 and the 650 euros it was has reached 780 euros, while the average wage has reached 1251 from 1046 which it was in 2019.

“It is of great value to point out that the European Commission has published figures for 2023 referring to real GDP per capita and GDP per capita in purchasing power units. Regarding the first dimension, this takes inflation into account for 2023 as well and shows Greece as the growth champion in the EU with a performance of 2.5% (from 18,690 euros in 2022 to 19,150 euros in 2023). In the same year, the real per capita income in the European Union remained stagnant. Overall, in the period 2019-2023 the real per capita disposable income in Greece is growing at a rate more than double the European average: at 2.1% against 1%. period, in fact, that followed the outbreak of the pandemic, the difference is even greater: 5.9% average increase in Greece compared to 3.1% in the European Union».

“The numbers speak for themselves and don’t need much explanation. During the administration of Kyriakos Mitsotakis, real per capita income grew at a rate more than double that of the European Union. And this happened, because despite the large, successive external crises, the Government implements an effective economic policy, as reflected in the increase in employment by approximately 400,000 new jobs and in the real increase in wages in the private sector of the economy in the last four years by 6, 1%».