Wages, full-time employment feel deep impact of crisis, report shows

Photo by MacroPolis
Photo by MacroPolis

A large section of Greek society has experienced rapid impoverishment due to the crisis, labour market deregulation, the decline in collective wage agreements and wage cuts, the annual report from the research wing of the country’s biggest trade union federation has found.

Half of the workforce in the private sector are now bringing home 800 euros or less every month, according to the report, published by the Labour Institute (INE) of the General Confederation of Greek Workers (GSEE).

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