This is the 5th increase in basic pay since 2019 – Greece is now in the 11th place among the 22 EU Member States that have a minimum wage
The minimum wage in Greece, as announced by the Council of Ministers, is on April 880, under Kyriakos Mitsotakis, which is in progress.
The minimum wage is stood at 880 euros (740 net) for almost 600.0000 employees employed under full or part -time status.
THE Kyriakos MitsotakisIn his introductory position, he stressed that this is another step towards covering the government set by the government, which is no other for 950 euros at the end of the four -year government.
The prime minister referred to the decline in unemployment rates, stressing that the policy of job creation has begun to bear fruit.
More specifically, for the minimum wage, government officials emphasized:
• Upon recommendation of the relevant ministers to the Council of Ministers, the minimum wage will increase from 830 to 880 euros – a minor increase of 6.02% – and there will be a similar increase in the minimum wage from EUR 37.07 to EUR 39.30.
• The increase in the minimum wage will apply from April 1, 2025, the main objective is to enhance the available income of employees and their purchasing power, to support workers, to improve the living conditions and the further economic development of the country.
• This is the 5th increase in basic pay since 2019. The cumulative increase in six years is 35.4%. Profit for employees is now equivalent to about 5 additional minimum wages of 2019 per year.
• In addition, the total increase in the minimum wage since 2019, by 35.4%, is almost twice as cumulative in inflation of the same period, which stood at 18.1%. That is, it is significantly protected by the real income of the workers.
• Greece is currently in the 11th place among the 22 EU Member States with a minimum wage. The goal of the government is for the minimum wage to reach 950 euros in 2027.
• The increase in the minimum wage and salary are immediately benefited by more than 1.6 million citizens including:
– More than 575 thousand workers who are paid minimum wage in the private sector,
– civil servants who will also see an increase,
– Those who receive benefits depending on the minimum wage (such as maternity, marriage, parental license, unemployment), and three years are supported.
• This year’s increase is accompanied by an institutional section: For the first time the protection of the minimum wage extends to the State, as it will be the introductory salary step for civil servants. As a result of the connection, the remuneration of civil servants will rise horizontally by 30 euros this year and further increases in the coming years.
• Taking into account all the interventions made for civil servants’ salaries by 2023, the average increase is EUR 2,283 per year, equivalent to additional salaries per year.
• Indirectly, the minimum wage also affects the average wage formation
• This is the first application of the recent law on the formation of the minimum wage, which upgraded the role of the social partners in the process of setting the minimum wage, and for the first time this increase also concerns civil servants. The minimum wage now acts as a security net for all employees in the country, since the new law provides that there can be no reduction.
In the cabinet, the prime minister will refer to the planning of the government by 2027.
More specifically, the issues of the Council of Ministers meeting are:
-Rept by the Minister of Labor and Social Security Niki Kerameos and the Minister of National Economy and Finance Kyriakos Pierrakakis on the determination of the minimum wage and the minimum wage for employees and craftsmen across the country for the year 2025,
-Recommended by Interior Minister Thodoris Livanos, Digital Governance Minister Dimitris Papastergiou and Deputy Minister of Interior Vivi Charalambogiannis for the implementation of the legislative framework for public evaluation and public services evaluation of public services by citizens,
-Presentation by Foreign Minister George Gerapetritis and Deputy Minister Tassos Hatzivasiliou of the bill to take measures for the implementation of Regulation (EU) 2019/452 to establish a framework for the control of direct foreign investment in the Union for security or public reasons.
Source: Skai
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