Key Points
- Greece introduced new minimum wage requirements on April 1, 2024, to better align salaries across the country
New Minimum Salary Requirements
The government of Greece increased its minimum wage on April 1, 2024. As a result, the daily minimum salary will rise to EUR 37.07 and EUR 830 yearly. According to the government, this wage increase aims to reduce wage discrimination by age.
This adjustment in the minimum wage not only addresses wage discrimination but also reflects Greece’s commitment to improving the standard of living for its workforce. By ensuring that wages keep pace with the cost of living, the government aims to enhance the purchasing power of workers, stimulate consumer spending, and ultimately bolster economic growth. Moreover, this measure aligns with broader efforts to promote social inclusion and equality in the labor market, fostering a more equitable society for all citizens.
Looking Ahead
Continue to check Greece’s government website for the latest updates and information.
Written by: Jessie Butchley, Global Immigration Writer, Envoy Global
Source: Council of Ministries, Greece
