The minimum wage will be set at 780 euros gross from April 1, Prime Minister Kyriakos Mitsotakis announced οn Friday. This corresponds to an increase of 9.4 percent.
Monthly minimum wage is currently 713 euros gross. With the increase from April 1, and the rise to €780, the net income will be at €667 net or €67 gross and €53 net monthly.
The measure will affect 585,000 workers out of 2,500,000 registered workers, Labor Minister Kostis Hatzidakis said.
Employers’ contribution rises to 80 euros per month.
Mitsotakis pointed out, the increase is at the maximum margin of the country’s possibilities and reminded that the salary in 2019 amounted to 650 euros.
The government is proceeding with the 3rd consecutive increase from April 1 and that it will reach 780 euros from the 650 it was in 2019, he added.
The new increase will take with it unemployment benefits and all benefits linked to the minimum wage.
The rise is seen as another attempt of the conservative government to win supporters as ruling New Democracy is under fire for the tragedy of the train crash in Tempi on February 28, 2023, where 57 people lost their life.
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So generous of him! 😳🙄