BUSINESS

Minimum wage hike recommended at 5-10 percent

TAGS: Economy

Labor Minister Effie Achtsioglou is examining a recommendation to raise the minimum wage in Greece by 5 to 10 percent that was presented to the ministry’s leadership this week by an expert committee.

The final decision will be made after talks with Prime Minister Alexis Tsipras and submitted to cabinet, which will also have a say in the measure.

Kathimerini understands that the experts recommended raises ranging from 29 to 59 euros per month.

The new minimum salary will also be the same for all age groups, following the abolition of the sub-minimum wage paid to workers aged up to 25 years old.

The ministerial decision signaling the start of raises for hundreds of thousands of workers who are on minimum wage will be signed in the second half of January, Achtsioglou has said. 

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