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Govt calls on local businesses and banks to free up capital for investment
PoliticsGreek Politicsthe minimum wage to 800 euros. The SYRIZA government oversaw an increase of the minimum wage from 586 to 650 euros in 2019. Mitsotakis also pledged to increase the minimum wage but has put its plans on ice
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PM relies on patchwork of measures to keep Covid at bay as jab uptake flags
PoliticsGreek Politicstarget to immunise 70 percent of the population by September out of reach. Minimum wage Labour Minister Kostis Hatzidakis is due to present his recommendation on the minimum wage to the cabinet next... wage in 2020, according to the Bank of Greece. The figure has risen from 19.7 pct in 2016.
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Tsipras looks for fresh start as Mitsotakis holds election cards
PoliticsGreek Politicscovered a wide range of issues and included an 800-euro minimum wage, tax relief, easier access... would scrap the legislation passed by the current government, boost the minimum wage and launch a pilot 35-hour working week that would not entail wage reductions. Regarding the health system, which
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Covid measures extended despite govt optimism, as inflation causes political tension
PoliticsGreek Politicsin the coming week, while the Labour Ministry is proposing a further 6 pct increase to the minimum wage... is calling for an increase of the minimum wage to 800 euros, cuts to VAT on basic goods and excise... are arguing for cuts on consumption taxes and an immediate increase to the minimum wage. Polls The latest
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SYRIZA zooms in on inflation, pandemic weaknesses to boost popularity
PoliticsGreek Politicslast week that a second increase to the minimum wage would be adopted on May 1, SYRIZA seems to think... wage to be raised to 800 euros. The 2 pct increase on January 1 took the basic gross monthly salary... speculation that it could reach as much as 6 pct, taking the minimum wage above 700 euros – but still well
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Newsletter 324 - 21/01/2022
to the minimum wage would be adopted on May 1, SYRIZA believes a public backlash against the increasing cost..., they have called for the minimum wage to be raised to 800 euros. The 2 pct increase on January 1... wage above 700 euros – but still well short of what SYRIZA is advocating. SYRIZA’s belief
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Parties rehearse arguments on social policy as labour law comes to vote
PoliticsGreek Politicsasked for a roll-call vote on key clauses of the bill. Minimum wage In a separate but related development, details are beginning to emerge about the potential size of the minimum wage hike due to take... reports, Mitsotakis is prepared to endorse an increase of 6-7 pct which would push the minimum wage
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OECD finds tax cuts linked to pandemic helped reduce wedge on labour
Economyof the average wage as a percentage of the labour costs in 2021 was 31.9 pct, from 33.9 pct in 2020 and 36.2 pct in 2019. For people earning the average wage, the same burden as a percentage of the labour... of the average wage, which stood at 41.8 pct in 2021, from 46 pct in 2019. The percentage of the tax
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Mitsotakis pledges more benefits in bid to tap SYRIZA strongholds
PoliticsGreek Politicsa stable fiscal environment, it will be possible for the minimum wage to rise to 950 euros, from... push up the average monthly wage in Greece to 1,500 by the end of New Democracy’s second term... New Democracy are not being shared equally. SYRIZA has promised an increase in the minimum wage
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Government braces for self-employed tax protests, but insists on soundness of measure
PoliticsGreek Politics-employed based on the same dues that those earning the minimum wage would be expected to pay... person earns less than someone on the minimum wage and, therefore, pays less tax as well. Currently... on a minimum wage would receive. According to data provided by the Finance Ministry, out of 700,000
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