#SALARY
Eurostat: Greece’s Average Annual Salary Rises to €18,000 in 2024 - Still Among the Lowest in the EU
The average annual salary in the European Union climbed to €39,800 in 2024, reflecting a 5.2 percent increase from €37,800 in 2023, according to the latest data released by Eurostat.
Greece’s Ruling Party Gambles on 13th Salary and Pension to Bolster Support
According to government insiders, discussions are underway about not just reinstating the 13th salary but also restoring the 13th pension—or at least issuing a substantial financial bonus to retirees.
Greek Government Reconsiders Bonus Salaries as Popularity Declines
Before any changes are made, the government will engage in consultations with the European Commission to assess new spending limits under the EU’s Stability Pact.
Greek Salary Increases Offset by Heavy Taxation and Social Contributions
Greek workers are set to receive only a modest increase in their take-home pay over the next two years, despite government plans to raise the average gross salary to €1,500 by 2027.