
Labor law expert, Mr Giannis Karouzos, speaking to the ERT channel, referred to the experimental implementation of the four-day working model, in several countries and, especially, in Greece.
More specifically, he said that: “In Greece, there is now the possibility of working 80% of the weekly time, without losing your insurance coverage and your salary for the fifth day.
This experiment started in 2016, in Iceland, and was implemented as a model a year and a half ago in Ireland. The next country to implement the four-day working model, in an experimental stage, was Spain and now Great Britain.
In Spain, where this model has been in place for a year now, no results have been seen, as the Spanish state recently changed its labor law and did not adopt the four-day working model.
Four-day working model offers more free time to employees and a better balance between personal and professional life.
However, the model we are talking about cannot be implemented in Greece. For instance, in Greece there is no employer that can say that I want my employees to work for four days, but I will pay and insure them for five. This possibility cannot arise from legislation. In Greece, there is only the possibility of rotating employment, something the employees do not really like, as rotating employment means a reduction in pay and loss of the social security stamp on the fifth day.
Legislative intervention is needed, so it will be a positive development, if it is going to be approved as a measure by ordinance, but with no reduction in salary and no loss of the social security rights.”


Latest News

Easter Sales Performance and the Source of €4–5 Million in Losses
Easter retail sales were relatively weak this year, with the only "real winners" being the livestock farmers who had lambs to sell.

Hotel Foreclosures Continue to Plague Greece’s Islands
A surge in hotel foreclosures across Greece’s islands threatens small tourism businesses, despite booming visitor numbers and record-breaking travel in 2024.

Athens Launches Task Force to Safeguard Historic City Center
The new municipal unit will ensure compliance to zoning laws, curb noise, and address tourist rental issues starting from the Plaka district.

WTTC: Travel & Tourism to Create 4.5M New Jobs in EU by 2035
This year, international visitor spending is set to reach 573 billion euros, up by more than 11% year-on-year

IMF: US Tariffs Shake Global Economy, Outlook Downbeat
IMF slashes global growth forecast to 2.8% as U.S. tariffs create uncertainty and ‘negative supply shock

First Step Towards New Audiovisual Industry Hub in Drama
The project is set to contribute to the further development of Greece’s film industry and establish Drama as an audiovisual hub in the region

Airbnb Greece – Initial CoS Ruling Deems Tax Circular Unlawful
The case reached the Council of State following annulment applications filed by the Panhellenic Federation of Property Owners (POMIDA)

Mitsotakis Unveils €1 Billion Plan for Housing, Pensioners, Public investments
Greek Prime Minister Kyriakos Mitsotakis has announced a new set of economic support measures, worth 1 billion euros, aiming to provide financial relief to citizens.

Alter Ego Ventures Invests in Pioneering Gaming Company ‘Couch Heroes’
Alter Ego Ventures' participation in the share capital of Couch Heroes marks yet another investment by the Alter Ego Media Group in innovative companies with a focus on technology.

Corruption Still Plagues Greece’s Driving Tests
While traffic accidents continue to claim lives on Greek roads daily, irregularities and under-the-table dealings in the training and testing of new drivers remain disturbingly widespread