Greek minimum wage to increase to 920 euros from April 1

Greek Prime Minister Kyriakos Mitsotakis announced that the minimum gross monthly wage will rise to 920 euros effective April 1. This adjustment constitutes a 40 euro monthly increase compared to the previous year. According to government data, this marks the sixth consecutive wage hike, resulting in a cumulative increase of 41.5% since 2019, amounting to over 3,780 euros annually. The policy is designed to bolster incomes amidst ongoing economic pressures and labor market developments. Beyond the baseline wage, the increase will trigger automatic adjustments to seniority increments, public sector salary scales, and various social benefits. Specifically, unemployment benefits, maternity allowances, parental leave, and overtime compensation rates will also rise proportionally. The measure applies to both the private and public sectors, ensuring broader economic alignment. The government characterizes this move as a strategic effort to support workers across multiple sectors of the Greek economy.