-
S&P keeps rating at 'B+' and highlights obstacles to competitiveness
-
Fiscal data points to primary surplus of 4.4 pct in 2018, beating target of 3.5 pct
-
Dispute over pensions backlog as future burden from retirees highlighted
-
IAPR annual data shows growing tax pile and pressure on middle-income taxpayers
-
Central bank points out signs of recovery in business lending
-
BoG underlines progress in NPE reduction but stresses need for systemic solution
Increase of 11 pct in minimum wage to have knock-on effect in economy
As was widely anticipated, during the cabinet meeting yesterday Alexis Tsipras announced that the minimum wage in Greece will increase for the first time in a decade to 650 euros per month, from 586 euros currently, effective from February 1.
This represents a rise of close to 11 percent, surpassing the upper threshold of the committee of wise men that had recommended a rise between 5 and 10 percent. Given that the process of deciding the appropriate level for the minimum wage, i.e. one that...
You need a subscription to access our analysis. Please choose one of the packages available.
Free Access
Read some of our analysis for no charge
By signing up to MacroPolis, readers will be able to read two of our articles without charge each month. They will not have access to our data or weekly e-newsletter.
Standard Access
Our analysis and data at your fingertips
Subscribers will be able to read the full range of our articles, access our statistics and charts, and receive our weekly e-newsletter for €450 per year.
€450.00Full Access
A tailor-made service for professionals
Apart from having access to all our analysis and data, subscribers will be able to consult one-on-one with our analysts.