Thursday May 23, 2013 Search
Weather | Athens
29o C
17o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
FinMin rejects claims minimum wage will be cut

Finance Minister Yannis Stournaras on Wednesday stepped into the debate over the minimum wage in Greece, insisting there are no plans to reduce it, as SYRIZA suggested that the government has already agreed to bring it down from 586 euros next year.

Stournaras was adamant that the coalition has no intention of slashing the basic salary after last year’s 22 percent reduction. SYRIZA MEP Nikos Hountis quoted a letter from European Economic and Monetary Affairs Commissioner Olli Rehn saying that the minimum wage in Greece was to be reviewed in 2014.

Stournaras said it was disingenuous of SYRIZA to suggest that this meant salaries would be cut next year. He said that the only change would be the way the minimum wage is set, with the government taking control of the process rather than leaving it to labor unions and employers to decide.

“We repeat that the minimum wage will not be reduced further and we are sorry if this spoils the plans and hopes of some people,” said Stournaras.

Finance Ministry general secretary Giorgos Mergos suggested on Tuesday that the basic salary was too high. He later said his comments were misinterpreted.

Mergos was forced to defend himself against claims that he earned three salaries. Mergos said his salary as a university professor was stopped when he took up his ministry post and that he was also remunerated for representing the ministry on the board of the Hellenic Financial Stability Fund.

ekathimerini.com , Wednesday February 13, 2013 (20:18)  
Quake measuring 4.1 Richter hits Crete
German anti-euro party sees answer to euro woes in mass exit
Anti-racism bill might go back to coalition leaders
EU leaders agree to step up fight against tax evasion
ANALYSIS
Europe’s leaders say no to austerity, don’t say yes to stimulus
Austerity is out after the euro-area recession extended to a sixth quarter. Stimulus isn’t yet in. That was the something-for-everyone message from European leaders at a summit in Brussels W...
INTERVIEW
Eurozone decisions on direct bank recap and debt relief for Greece imminent, says Dijsellbloem
The moment of truth is approaching for Greece, Ireland, and other countries under fiscal adjustment programs. In an interview with Kathimerini, Jeroen Dijsselbloem, the president of the Euro...
Inside Business
SOCCER
PAOK bounces back to win at Asteras
PAOK recovered some of the ground lost in the Super League playoffs by beating fellow Champions League-spot contender Asteras 2-1 at Tripoli on Wednesday, while PAS Giannina and Atromitos sh...
BASKETBALL
Playoffs begin in basketball with Rethymno upsetting PAOK
The league that in the last three years has produced the European basketball champion entered its playoffs on Tuesday and Wednesday with the first games of the quarterfinal round, with AGO R...
Inside Sports
COMMENTARY
Uncomfortably unique
Far-right Golden Dawn has been catapulted onto center stage of Greek politics. That’s almost an achievement for the post-1974 political system that emerged from the collapse of a pathetic mi...
EDITORIAL
Conditions for a debt haircut
A growing number of European Union leaders and officials are now suggesting that next year will most probably see a significant write-down on Greek debt. The country’s partners are clearly a...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
 RECENT NEWS
1. Quake measuring 4.1 Richter hits Crete
2. Europe’s leaders say no to austerity, don’t say yes to stimulus
3. German anti-euro party sees answer to euro woes in mass exit
4. Eurozone decisions on direct bank recap and debt relief for Greece imminent, says Dijsellbloem
5. PAOK bounces back to win at Asteras
6. Playoffs begin in basketball with Rethymno upsetting PAOK
more news
Today
This Week
1. Eurozone decisions on direct bank recap and debt relief for Greece imminent, says Dijsellbloem
2. German anti-euro party sees answer to euro woes in mass exit
3. Europe’s leaders say no to austerity, don’t say yes to stimulus
4. Quake measuring 4.1 Richter hits Crete
5. Son stabs mother to death in Agrinio
6. Young actor dies
Today
This Week
1. Greece: A reality check
2. Golden Dawn MP ejected from Parl't after 'Heil Hitler' incident [UPDATE]
3. Greek economy shrank by 5.3% in Q1 of 2013 as recession continues
4. Slovenian philospher Zizek proposes 'gulag' for those who do not support SYRIZA
5. Greece isn't turning the corner
6. On a dangerous path
Advertiser Link
Last minute info: intensive Greek language lesson in Thessaloniki, 28/5-7/6/2013 – low fees
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  International Herald Tribune  |  RSS
Copyright © 2013, H KAΘHMEPINH All Rights Reserved.