The Mitsotakis government on Friday evening tabled a landmark draft bill envisioning reforms in much of the country’s labor sector, changes that the pro-business and pro-market government underlined as long overdue, but which are expected to generate heightened criticism by the political opposition and Greece’s still formidable unions.
Main opposition SYRIZA party, in fact, over the past week virulently charged that the coming legislation would eliminate overtime pay in favor of days off.
Among others, the draft legislation envisions the implementation of a digital “time card” to combat off-the-books employment and undeclared overtime.
Other provisions include the upgrade the current labor inspection service, transforming it into an independent administrative authority, and extending parental leave to fathers.
Conversely, the provisions that will attract sharp opposition by leftist parties and trade unionists are stipulations mandating that one-third of services remain functioning during strikes and other industrial actions.
Another provision allows union members to participate in voting processes and general assemblies in a virtual manner, while banning donations by employers and political parties to trade unions.
Additionally, a declared strike ruled illegal by a court cannot be “re-declared” by a secondary or tertiary trade union entity. For instance, a strike declared this past week by the national union of merchant marine engineers (PEMEN) was ruled illegal by a Piraeus first instance court, nevertheless a subsequent strike in the same sector and on the same day – aimed to keep ferry boats docked in Greece for 24 hours – was declared by the Athens Labor Center.
Finally, if passed, the law allows trade unionists that use violence or engage in illegal acts during industrial actions to be held liable for damages.
Latest News
Bank of Greece Forecasts a 2.5% GDP Rise in 2025
The Bank of Greece (BoG) projects the country’s economy will expand at a higher rate this year over the next 3-year period in a report. The BoG believes the DGP acceleration in 20205 will buttressed by a further ratings upgrade by international agencies. In more detail, the central bank sees the economy growing by 2.5% […]
Alter Ego Media: Board Announcement About the Initial Public Offering
The ticker symbol of the share is “AEM”. The entry trading price of the Company’s shares is €4.00 per share, equal to the offering price that was set.
ALTER EGO MEDIA: Record Making Participation of Free Float
Announcement on the outcome of the public offering of the new ordinary, registered, voting shares of "ALTER EGO MEDIA S.A."
Cyprus: ExxonMobil and Qatar Energy Begin Drilling at ‘Electra’ Target in Cyprus’ EEZ
Christodoulides announced Cyprus’ intentions to progress with its exploration activities, aiming to become an alternative and reliable source of natural gas for the EU.
Football Legend Mimis Domazos Passes Away at 83
Known as the 'General' by fans, former footballer Mimis Domazos suffered a cardiac arrest several days ago and passed away on Friday, January 24 at the age of 83.
Djokovic Out of Australia Open Final after Injury
For Djokovic, the disappointment adds to the heartbreak of his semi-final loss last year to Sinner and delays his quest for a record 25th major title
Pulse Poll: ND Tops PASOK by 14% Points; Some Concern Over Trump
An extrapolation of the results gives the center-right party 30% of respondents’ preference, compared to 16% for socialist/social democrat PASOK
Greek Businesses Lag in AI Integration Rates in EU
Despite this poor performance, Greece has seen a significant annual growth of 5.83% in artificial intelligence (AI) adoption, nearly tripling its percentage within a year
UBS: Greek Gowth at 2.8% in 2025
The Greek economy is projected to expand at 2.8% in 2025, according to UBS. The Swiss-based international investment bank bases its assessment partly on the utilization of RRF funds.
Greek Banks Introduce Affordable Transaction Fees: Key Points for Customers
Under the new tariffs, no fees apply to payments of obligations to the government, social security organizations, utilities, and insurance companies.