In a social media message to mark Labour Day on May 1, Prime Minister Kyriakos Mitsotakis on Sunday commented on the increase in the basic wage that comes into force on Sunday and noted that the government was supporting workers with actions, not slogans.
“We greet Labour Day on May 1 with the implementation of a measure of real import for workers: an increase in the basic wage by 50 euros a month, which means a 15th salary every year. Also, at the same time, an increase in the unemployment benefit by 31 euros a month. Now is the time of the citizens and especially the weakest. We honour the people of labour not with slogans but with actions!” Mitsotakis said.
Latest News
Greek Public Debt at €370.865bln at End of Q3 2024: ELSTAT
It was slightly down from €371.483bln in Q3 2023, according to the quarterly non-financial accounts of the General Government
WEF Report Says 70% Greek Workers Need Retraining by 2030
The report, entitled “The Future of Jobs 2025”, says that a global shift in the workplace will result in the loss of 92 million jobs
National Bank of Greece Finances First Energy Storage Project in Country
The total financing for the project amounts to €41.9 million
Energy Giant Chevron Expresses Interest in Drilling in Greece
In line with this effort, the Hellenic Hydrocarbon Resources Management and Energy Resources Company (HEREMA) is submitting the Strategic Environmental Impact Study today
UBS ‘Bullish’ on Greek Banks
UBS highlights the positive trends in loans and savings and the financing cost, stressing corporate credit expansion acts as the driving force for the banking sector’s profit margins
Cost of Banking in Greece Drops from Monday
The measure aims to lower the cost of doing business and everyday transactions in Greece, with an estimated annual cost to banks of approximately €150 million.
Greek Tax Bureau Chief Details Efforts to Curb Evasion; Digitalize Administration
Independent revenue authority (AADE) Gov. George Pitsilis addresses OECD summit, cites reduction in lost VAT remittances from almost 30% in 2017 to 13.7% by 2022
Inflation in Greece at 3.7% in December 2023: Eurostat
According to recent data from ELSTAT (Hellenic Statistical Authority), inflation in Greece rate reached 3.5% in December 2023, up from 3% in November.
Winter Sales Season: Stores Open on Sunday in Greece
Most stores will operate between 11:00 AM and 6:00 PM, while shopping malls will stay open until later, from 11:00 AM to 8:00 PM
Greek Primary Surplus of €8.6bln at End of 2024
In previous budget execution reports, in October, a net amount of €3.241bln was collected from the new Concession Agreement for Attiki Odos