Greece - Minimum wage expected to increase - December 31, 2018

After years of austerity and wage cuts the country is expected to see an increase of the national minimum wage. The cabinet still has to formally decide upon the wage increase and the precise number on 15 January 2019 but experts believe that the minimum wage will be increased with 5% to 8%. The new minimum wage will also apply to young workers and they will see the highest rise in income as currently they are paid only a sub-minimum wage especially designed for workers up to 25 years of age. An estimated 400,000 workers receive the minimum salary every month. Besides them and many flexible workers also the unemployed will benefit from an increased minimum wage as benefits are based on the minimum wage level.

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For more information, please contact the editor Jan Cremers or Sanne van der Gaag, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the Head of communications at the ETUI, Willy De Backer wdebacker@etui.org © ETUI

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