Wage rises become top issue but trajectory lined with obstacles

EconomyMacroeconomy Tags: Eurostat, Income, Labour, OECD
Photo by Panayotis Tzamaros/Fosphotos
Photo by Panayotis Tzamaros/Fosphotos

Wages in Greece have featured prominently in this summer's election campaign as, in the midst of the cost-of-living crisis, there is a wider recognition by the leading parties that earnings in Greece need a boost.

Wages suffered severely during the debt crisis, with the final blow coming in February 2012 when the minimum wage was brought down to 580 euros and the wage for Greeks under the age of 25 dropped even lower to 510 euros.

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