Minimum wage rises to €713

Greece’s minimum wage will increase by 50 euros per month, from 663 to 713 euros as of May 1, Prime Minister Kyriakos Mitsotakis announced on Wednesday.

“Now is the time to boost lower incomes,” the prime minister said, calling on employers to act accordingly and increase wages for all employees. The move follows a 2% increase on January 1. 

Mitsotakis said that combined with the January installment, the 50-euro rise is equivalent to an overall increase of 9.7% compared to the minimum wage of 2021.

He stressed that the almost 650,000 employees in this category will basically earn more than an extra month’s salary per year.