Michailidou for minimum wage: On 27 March the cabinet decided on the increase

Tomorrow (22.03. 24) We send our recommendation to the Prime Minister, he said today (21.03. 24) the Minister of Labour, Mrs Domna Michailidou, at ERT, while next Wednesday (27.03.24). It is recalled that the new minimum wage will apply from 1 April 2024 and is estimated to affect remuneration of over 500,000 private sector employees. The minimum wage affects 19 IMIPA unemployment benefits, she noted, and reiterated that a 1-unit reduction is imminent by 2027.