Greek PM Mitsotakis on Minimum Wage Increase: A Step in the Right Direction

In a symbolic visit to the Ministry of Labor, Greek Prime Minister Kyriakos Mitsotakis highlighted the implementation of the fifth consecutive increase in the minimum wage. Effective today, the minimum wage rises to €880, up from €650 in 2019, with a target of reaching €950 by 2027. Mitsotakis emphasized that while the increase doesn’t solve all issues, it represents progress towards supporting disposable income and reducing unemployment. The government aims to attract more women, youth, individuals with disabilities, and elderly citizens into the workforce, continuing active employment policies. Additionally, Labor Minister Niki Kerameos noted that although the increase doesn’t resolve all problems, it alleviates difficulties and aligns with broader strategies to enhance citizens’ disposable income and further reduce taxes and social security contributions.