Tackling the challenge of low wages in Greece
Since the pandemic we’ve seen the Greek government step in to tackle low wages, raising the minimum wage from €650 in 2019 to the latest announcement in early April bringing the gross wage up to €880. These steps come amid both a cost of living crisis and a labor shortage ahead of the summer in the tourism industry, but also other key sectors like agriculture and construction. Yannis Mouzakis, the co-founder and editor of Macropolis.gr, joins Thanos Davelis as we look into the story of Greek wages, breaking down why this remains a big challenge for the government.
You can read the articles we discuss on our podcast here:
Minimum wage increase crashes against reality of Greeks' low purchasing power
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