
The German News Agency (RND) looks into Greece’s adoption of a six-day workweek, highlighting potential lessons for Germany while dispelling the unfounded stereotype of “lazy Greeks” dating back to the crisis era.
In fact, nowhere else in the EU, aside from possibly Poland, do people work more hours than in Greece, the report notes. Now facing a shortage of skilled workers, Greece’s conservative government is set to implement the six-day workweek starting July 1, offering bonuses to those who opt to work an extra day each week.
The publication underscores Greece’s acute labor shortage despite its high unemployment rate, second only to Spain in the EU. With 521,295 people unemployed as of April, constituting a 10.8% unemployment rate, industries, particularly tourism, are in search of approximately 65,000 workers. This sector remains a pivotal driver of growth in Greece’s economy, with nearly one in five positions remaining vacant.
RND reports that the new law incentivizes overtime work, providing a 40% pay increase for those willing to work a sixth day per week. Moreover, compensation escalates to 115% for work done on Sundays or public holidays under the new legislation.
Greeks Work Above the EU Average
Contrary to misconceptions, official Eurostat data for 2023 reveals Greeks as among the hardest-working in Europe, averaging 2,000.1 hours annually—surpassing all but Poland within the EU. In 2022, Greek full-time employees led Europe with 41 weekly hours, compared to the EU’s 37-hour average and Germany’s 34.7-hour norm.
Despite these long hours, the economic benefits for Greek workers are limited. The average gross wage in 2023 stood at just 1,251 euros, with 31% of workers earning less than 800 euros gross. This income disparity reflects a broader crisis-era trend, with real wages still 27% below 2010 levels and Greeks having only 67% of the EU’s average purchasing power.
To cope with these challenges, many Greeks take on second jobs, often in the informal economy.
Source: tovima.com


Latest News

China Hits Back at Trump’s Tariffs with New Trade Restrictions, Agricultural Levies
These new levies further tighten restrictions on U.S. agricultural exports, a critical sector that was already hit hard by Trump’s first-term trade war

Eurostat: Greece’s Inflation at 3% in February – Eurozone at 2.4%
In the eurozone, inflation stood at 2.4% in February, compared to 2.5% the previous month.

U.S. Orders Suspension of Offensive Cyber Operations Against Russia
The suspension of these operations is part of a broader review of U.S. activities concerning Russia, and its duration remains uncertain, The New York Times reported.

Exquisite Bronze Griffin Head Repatriated
The artifact is one of the finest cast-bronze griffin heads in existence according to the Metropolitan Museum of Art

Kites, Carnival, and Reflection: Greece Marks Clean Monday, Lent
First day of Great Lent on the Orthodox calendar - Clean Monday - is celebrated with family gatherings and picnics, with Lenten dishes comprised of seafood, legumes and unleavened bread

Israel Halts Gaza Aid Amid Ceasefire Standoff
Israel has announced a halt to all humanitarian aid entering Gaza

Mitsotakis Acknowledges Tempi Protests, Pledges Reform
Prime Minister Kyriakos Mitsotakis acknowledged the record-breaking demonstrations and national strike about the Tempi tragedy in his weekly social media post.

Report: Greater Athens Office Space in High Demand
In the Athens office sector there are currently plans for new developments with a total area of more than 108,050 sqm

First Meeting in D.C. Between Rubio, Greek FM Gerapetritis
State Dept. spox: Greece is a valued NATO Ally and critical to regional stability

On This Day in History: Chemical Structure of DNA Discovered
The double-helix model revealed how DNA replicates and how genetic information is passed from one generation to the next.