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What will the new minimum wage increase bring?

By Dimitris Katsaganis A new increase of 5.3% is being considered by the government for the minimum wage in 2023, as confirmed by competent officials to Capital.gr. The forecasts for the continuation of the energy crisis in...

Argentina: They ‘buried’ the minimum wage

Women in black, flowers and wreaths behind a coffin... The funeral procession in Buenos Aires was for Argentina's minimum wage, which union members "buried" as it evaporates due to inflation, which is expected to reach 90%...

K. Hatzidakis: In January, the procedure to determine the increase in the minimum wage will start

In January, the process to determine the minimum wage increase will begin, as announced by the Minister of Labor and Social Affairs, Kostis Hatzidakis, speaking on a program of the SKAI television station. As he said, at...

Turkey: Accelerating inflation erodes minimum wage increase

Accelerating inflation in Turkey has pushed the poverty line to four times the minimum wage, according to a report by one of the country's largest labor organizations, cited by Bloomberg. Food inflation rose 7 percent in July...

Turkey: Erdogan announced a 29% increase in the minimum wage

An interim increase in the minimum wage - the first in six years - has been announced by Tayyip Erdogan as Turkish citizens continue to battle the spiraling cost of living. In particular, the monthly net...

The Central Bank predicts an increase in wages throughout the economy this year

By Dimitris Katsaganis Wages across the entire spectrum of the economy will go "uphill" this year, according to the forecasts of the Bank of Greece and which are reflected in its monetary report for 2021-22. In particular, the...