Minimum Wage Increase: Live Expertise from Niki Kerameos

The minimum wage will increase by €50 from April 1st, reaching €880 gross, as announced yesterday (March 26, 2025) by Prime Minister Kyriakos Mitsotakis. Today, the Minister of Labor and Social Insurance, Niki Kerameos, is holding a press conference to elaborate on the changes following the new minimum wage hike. This increase will also raise all basic salaries in the public sector, resulting in a €30 gross increase. Kerameos stated yesterday that ‘the new minimum wage increase to €880 represents another significant step in boosting employees’ disposable income, enhancing their purchasing power, and supporting Greek society. We continue working tirelessly to fulfill our commitment to a minimum wage of €950 and an average salary of €1,500 by 2027.’ The minimum wage increase translates to an additional annual gross income of €700, equating to a net benefit of €473 for workers without children or with one child, and €606 for those with two or more children. Since 2019, the total minimum wage increase amounts to €230 monthly, representing a 35.4% rise. Greece now ranks 11th among the 22 EU countries implementing a statutory minimum wage. ‘Social partners are free – and we encourage them – to agree through the National General Collective Labour Agreement on a minimum wage above €880,’ Kerameos said today. Read the detailed implications of the minimum wage increase. Kerameos also mentioned that during this period, the Ministry of Labor is examining best practices from other countries to enhance collective bargaining incentives.