kathimerini.gr
Greece to Increase Minimum Wage to €880 by April 2025
The Greek government is initiating a process to increase the minimum wage, starting with consultations in 2025 and 2026, before implementing a mathematical formula from 2028 that considers inflation and productivity, aiming for a minimum wage of €880 by April 2025.
- What is the immediate impact of the Greek government's initiative to raise the minimum wage?
- The Greek Minister of Labour, Niki Kerameus, initiated the process to increase the minimum wage in 2025. Two committees will be formed to advise, with a final decision by the Ministry and the Council of Ministers expected by March, effective April 1st. A second consultation will determine the 2026 minimum wage, effective January 1st, 2026.",
- How will the minimum wage be determined after 2027, and what factors will influence the decision?
- The 2025 minimum wage increase process involves consultations between labor and employer representatives. A five-member scientific committee of experts will also advise. The goal is a roughly 6% increase, about €50, raising the minimum wage from €830 to €880.
- What are the potential long-term effects of linking minimum wages in the public and private sectors, and how might this impact the Greek economy?
- From 2028, a mathematical formula will determine the minimum wage, considering inflation (specifically for the lowest 20% of households) and economic productivity growth. This formula aims to link minimum wages in the public and private sectors and ensure a consistent, data-driven approach.
Cognitive Concepts
Framing Bias
The framing is generally neutral, presenting the facts of the minimum wage increase process. However, the emphasis on the government's actions and the projected increase of "around 6%", without mentioning potential challenges or opposition, might subtly favor a positive view of the policy.
Language Bias
The language used is largely neutral and factual. There is no overtly charged or loaded language. The description of the process is straightforward.
Bias by Omission
The provided text focuses on the process of minimum wage increase and doesn't offer opposing viewpoints or criticisms of the process. Omission of potential downsides or alternative approaches could be considered a bias, but it's difficult to assess without additional context. The article primarily presents the government's perspective.
Sustainable Development Goals
The article discusses the process of increasing the minimum wage in Greece, aiming to improve the living standards of workers and stimulate economic growth. The planned increase reflects a direct effort to achieve decent work and economic growth by ensuring fair wages and reducing income inequality.