Prime Minister Mitsotakis announces 2% increase in minimum wage in Greece

Prime Minister Kyriakos Mitsotakis announced on Monday a 2 percent increase in the minimum wage. He stated this at a meeting of the Cabinet of Ministers. The minimum wage increases from 650 euros to … 663 euros (before deductions).

Mitsotakis made a statement during a cabinet meeting and said the government had decided to continue the increase “despite the opposite proposal” from employers’ representatives.

He recalled that “in the previous dialogue, the confederation of professionals, craftsmen, large companies, traders called for a freeze on the minimum wage in connection with the special conditions caused by the pandemic.”

The prime minister added that “the increase is clearly not in line with the needs of workers,” and recalled the state support program for enterprises and employees during the isolation from the pandemic: more than 40 billion euros for 18 months, Mitsotakis said.

This “increase” in wages is expected from January 1, 2022. At the same time, in 2021, prices have already increased by an average of 15%, and by the end of the year, an even greater decrease in household income is expected due to inflation, which, according to the Bank of Greece in 2021, will be 5.3%.

In social networks, the Greeks are discussing this increase with irony, emphasizing that they could give another “13 euros”.

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