The total increase of the minimum wage by 9.7% in 2022 is estimated to reduce only partially the loss of purchasing power, which is caused by the wave of accuracy, according to the annual report of INE-GSEE for the Greek economy. In April 2022 the loss of purchasing power of the minimum wage was equal […]
Tag: Minimum wage
The new ‘net’ minimum wage depending on previous service
By Dimitris Katsaganis In force is from May 1 is the new increase in the minimum wage by 7.5%, according to the government decision. The new minimum wage amounts to 713 euros, compared to 663 euros that was until April 31, 2022. However, this amount is “gross”. That is, it includes the contributions of the […]
Kenya raises minimum wage by 12% to mitigate the impact of inflation
Kenya raised minimum wages by 12% to help workers who saw household budgets squeeze out inflation, especially for basic food items such as cooking oil, according to Bloomberg. Wage increases, with immediate effect, will help protect people’s purchasing power, President Uhuru Kenyatta said in a statement. He made the announcement during a speech in Nairobi […]
Minimum salary: It goes up to 713 euros from today
The minimum wage is increased by 50 euros from today, May 1st. It is now set at 713 euros, from 663 euros on January 1, 2022. In fact, if the previous increase of the minimum wage (by 2%) is taken into account, there is an overall increase of 9.7%, or 63 euros per month in […]
How the new increase of the minimum wage changes the salary chart
By Dimitris Katsaganis Changes in the overall landscape of the salary map of the country are brought by the impending, from May 1, 2022 increase of the gross minimum wage by 7.5%, according to the announcements of the Prime Minister Mr. Kyriakos Mitsotakis on Wednesday. And this for two reasons, as labor market analysts point […]
Al. Tsipras: The salary should be increased to 800 euros
The President of SYRIZA Progressive Alliance, Alexis Tsipras, toured the market of Kallithea on the morning of Holy Thursday. During his tour, Mr. Tsipras had the opportunity to discuss with consumers and shopkeepers both the dramatic decline in income and traffic in the market, as well as the lifeless situation that develops for households and […]
Ad. Georgiadis: The increase in the minimum wage is an additional salary per year
“The global problem is accuracy, we have war, we have inflation, that’s why we have accuracy. Every day something new is announced by the government. We had a new minimum wage increase, which totally reaches 10%, as we also had the “January increase, we have made financial aid to increase the income of our fellow […]
G. Bratakos: The increase of the minimum wage is a key government intervention
“The increase of the minimum wage is a key government intervention”, said the president of EVEA Giannis Bratakos, after the announcement of the prime minister Kyriakos Mitsotakis for the increase of the minimum wage. Mr Bratakos made the following statement: “Raising the minimum wage is a key government intervention to shield households. Increasing workers’ incomes […]
SYRIZA: The fear of parochialism and an ‘apology’ from Al. Tsipras
By Niki Zorba Parochology, bidding, money trees, classifications for everyone, regulations that will shake the economy in the air and in the background … building credibility (It was requested by a few at the SYRIZA conference, mainly by Alexis Tsipras). For all the above, political opponents of SYRIZA (mainly the government) accuse the party of […]
The background of the decisions on the minimum wage and Mitsotaki’s next moves for young people – accuracy
Of Dimitris Gatsiou With a forward-looking move, the details of which were “locked in” on a one-week appointment, the prime minister has added another layer to the government’s strategy of boosting the government’s social profile, amid a period of turmoil in the budgets of millions of households. The announcements for the second, in the current […]
