Consultations on the new national minimum wage end tomorrow afternoon, with a decision expected by Christmas for implementation from January 1, 2026, over two years. Labour Minister Marinos Mousiouttas stated this on SIGMA’s “Mesiméri kai Kati,” noting ongoing talks with social partners.
He met SEK and PEO leaders already, meets DEOK and OEB today, and KEBE tomorrow. A technical committee provides input alongside all positions to shape his Cabinet proposal.
No increase is off the table; focus lies on the right level reflecting economic realities.
Balancing union and employer views
Unions push the prior formula: 58.5% of median wage, which raised it to €1,000 two years ago, plus hourly productivity links and ATA ties potentially reaching €1,125.
Minister Mousiouttas avoided specifics, deeming hourly demands fair but multifaceted. Goal: fairest result amid state finances, ensuring continuity without full satisfaction or dissatisfaction.
Current rate: €1,000 gross after six months with same employer; €900 entry-level.
Also read: State budget for 2026 vote concludes today
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