Greece's minimum wage is set to rise by 46% to 950 euros by 2027, Labour Minister Niki Kerameus announced. The increase is part of a government plan to boost incomes, with discussions underway on how it will be implemented. Kerameus also confirmed a pension increase of 2.2%-2.5% starting in January 2025, following a cumulative 13% rise in pensions over the past three years.
Tag: pension increase
Greece is preparing its 2025 state budget with a focus on €880 million in relief measures. The budget will include new pension increases, reduced social security contributions, and the abolition of the business levy, among other measures. With a primary expenditure cap of €115 billion and a target primary surplus of 2.1% of GDP, Greece aims to balance fiscal discipline with social policy needs.
A circular published on Friday implements a 3% raise in pensions as of January 1,…
Greek pensioners, accounting for more than 1.7 million people, will see their pensions rise by…