PM announces minimum wage rise

Prime Minister Kyriakos Mitsotakis announced on Friday that the government will raise the minimum wage next month, for a third time in little more than a year. 

More specifically, Mitsotakis' conservative administration, whose four-year tenure ends in July, intends to raise the minimum wage by 9.4% to 780 euros per month, beginning April 1.

Mitsotakis made his announcement in a televised speech following a meeting with Labor and Social Affairs Minister Kostis Hatzidakis.

The government increased the monthly gross minimum wage twice last year, to 713 euros, as household earnings were eroded by stubbornly high inflation.

"We are all aware that salaries in our country are still low, while imported inflation is putting additional pressure on them," Mitsotakis said.

The move is expected to benefit some 600,000 private sector workers, who will see their...