
Large street demonstrations and rallies took place in a handful of Greek cities on Thursday, with the largest turnout in central Athens, called by trade unions and labor groups to oppose a landmark draft bill essentially liberalizing the labor market.
The protests were accompanied by a nationwide strike called by the unions, which mostly affected the wider public sector, urban mass transit, coastal shipping, trains and more than a dozen domestic flights. Journalists’ unions also joined the industrial action, although at least one Athens-based major media group and a good portion of Internet-based media continued to generate news material.
Among others, unions and labor groups bitterly oppose a provision whereby a wage-earner may opt to work overtime in exchange for a day off. For instance, under the draft legislation, if a wage-earner works Monday through Thursday for 10 hours a day, then he’ll be able to take Friday as a day off.
Unions, along with the left-of-center political opposition, have countered that the liberalization will merely allow employers to pressure and blackmail workers into working longer daily hours. Additionally, they insist that time worked be paid, instead of being transformed into time off.
Additionally, trade unions sharply oppose stiffer penalties against industrial actions ruled illegal by the courts and liability for damages caused by industrial actions.
Conversely, speaking on Thursday evening, relevant Labor and Social Insurances Minister Costis Hatzidakis, who has faced the most severe criticism over the initiative, reminded that draft bill extends mandatory parental leave for the father, toughens provisions against sexual harassment in the workplace, and, most importantly, foresees the digital registration – possibly with a smart phone app – of a wage-earner’s daily work hours, and by extension, overtime.
He also said the bill is in line with legislation applied in Spain and Portugal, where socialist and leftist political forces are in power.


Latest News

Trump to Announce Sweeping New Tariffs Wednesday, Global Retaliation Expected
With Trump's announcement just hours away, markets, businesses, and foreign governments are bracing for the fallout of one of the most aggressive shifts in U.S. trade policy in decades.

Inflation in Greece at 3.1% in March, Eurostat Reports
Average inflation in the eurozone settled at 2.2%, compared to 2.3% in February

Greece’s Unemployment Rate Drops to 8.6% in February
Despite the overall decline, unemployment remains higher among women and young people.

Jerry Kalogiratos Highlights Key Role of Energy Transition and Data Demand in LNG Outlook
Energy transition and the prospects of LNG were discussed at Capital Link’s 19th Annual International Maritime Forum, during a panel discussion with Jerry Kalogiratos (Capital Clean Energy Carriers Corp.)

Santorini Safe and Ready for a Dynamic Tourism Season
Authenticity, cultural heritage, and genuine experiences at the center of Santorini's new promotional campaign

Electricity Bills: Greece Announces Reduced Tariffs Schedule
Greece will now offer lower electricity rates between 11:00-15:00 and 02:00-04:00

Chevron Confirms Eyeing Natural Gas Exploration South of Crete
Chevron recently declared its intent to explore a third area, south of the Peloponnese.

Evangelos Marinakis: A time of change from which shipping can benefit
Speaking at the 19th Annual Capital Link International Shipping Forum Evangelos Marinakis stressed the challenges that shipping faces today

Retail Trade in Greece Up 2.5% in December 2024: ELSTAT
In January 2025, the General Turnover Index recorded a 2.5% increase compared to January 2024. Compared to December 2024, it recorded a significant decline of 18.4%

Greek Fruit and Vegetable Exports Surge
Greek exporters have expressed concerns over a new draft law in Bulgaria that mandates at least 50% of products in stores to be of Bulgarian origin.