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Tsipras goes big on minimum wage, hoping to enhance election hopes
The increase in the minimum wage announced on Monday by Prime Minister Alexis Tsipras beat expectations and confirmed that SYRIZA intends to pull out all the stops in order to boost its chances in the upcoming elections.
Tsipras announced to the cabinet that the minimum wage will increase by 11 percent to 650 euros per month, while the sub-minimum wage for under-25s will also be scrapped, granting them a 27 percent rise. Both measures will be implemented on February 1.
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