Labor Ministry

Prime Minister Kyriakos Mitsotakis marked the increase of the minimum wage, which came into effect on Monday, with a visit to the Sun (Ilios) spice factory in Rentis, Piraeus.

The Labor Ministry will grant social security capacity to approximately 100,000 self-employed people with small debts to the Single Social Security Entity (EFKA) - from a few cents to 100 euros.

Discussions are underway this Sunday for the new minimum wage increase, effective April 1.

Initiated on February 5, the process involves consultations scheduled to conclude by March 22, presenting recommendations to set the minimum wage. 

This marks the fourth consecutive increase by the government, from 650 euros in 2019 to €780 in April 2023. 

As the government mulls over simplifying labor legislation in Türkiye, media reports are discussing the potential reduction of working hours. However, despite signals of change, concrete action is yet to be taken.

How strong is the Greek economy, really? Whatever may have been said, there are some safe criteria by which to assess its state. It is only as strong as the labor market, the jobs created and the wages offered. 

Urban guerrillas had gone silent since 2018. That is, until last December, when a bomb was placed outside the headquarters of the riot police in Athens last December.

That one failed to detonate; that was not the case with another bomb that exploded across the street from the Labor Ministry in central Athens on February 3, shattering the windows on the ministry's bottom two floors.

A fingerprint on the bomb that was placed on the fence of the riot police camp in the Athens suburb of Kaisariani in December but was not detonated, as well as video footage of the Labor Ministry bombers' movements on Saturday morning, are guiding police investigations into the two recent terrorist acts.

Anti-terrorism police are investigating a bomb explosion near the Labor Ministry in downtown Stadiou Street in Athens that caused material damage to the building.

Police and firefighters had cordoned off the area when the device went off at 1.29 a.m.

The end of the 2023 tourism season came later than in previous years, and resulted in the loss of 82,463 jobs in November, of which 56,659 came from hotels and accommodation.

The Single Social Security Entity (EFKA) has entered a trajectory of fiscal balance and actuarial sustainability.

That is the view of both the European Commission in its recent report on the third evaluation after enhanced supervision, and the Organization for Economic Cooperation and Development (OECD) in its report on pensions.