Labour Ministry announces Greece's minimum wage to rise by 2%

Greek economy Greece economy finance euros money inflation commission labour ministry interest rate economou

Minimum wages for staff and labourers will rise by 2% as of January 1, 2022, the Labour Ministry said on Monday, following a decision by Labor & Social Affairs Minister Kostis Hatzidakis.

The decision follows up on a cabinet approval in July.

According to the Labour Ministry, the legal minimum wage for full-time staff or labourers is as follows:

a) For staff, the minimum wage rises to 663 euros (from 650 euros) per month.

b) For labourers, the minimum wage also rises to 29.62 euros (from 29.04 euros) per hour.

READ MORE: How many days would a Greek, a Turk and a Swiss need to work to get an iPhone 13?