Mitsotakis announces sixth increase
Greece minimum wage will increase to €920 gross per month from 1 April, Prime Minister Kyriakos Mitsotakis announced during a Cabinet meeting.
The new adjustment represents a €40 monthly rise compared to last year, amounting to nearly half an extra salary annually.
Significant rise since 2019
The Prime Minister noted that this is the sixth consecutive increase in the minimum wage, which has risen cumulatively by 41.5% since 2019, equivalent to more than €3,780 annually.
He added that the measure will not only affect minimum wage earners but will also push up seniority increments, public sector pay scales, and various allowances.
Wider impact on benefits and wages
The Greece minimum wage increase is expected to have broader effects across the economy. It will raise unemployment benefits, maternity allowances, and parental leave payments, while also impacting overtime compensation.
Public sector salaries will also be adjusted proportionally, extending the benefits beyond the private sector.
Government aims to boost incomes
The government says the move aims to strengthen incomes and support workers amid ongoing economic pressures, ensuring wage growth across multiple sectors.
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