Does Greece have a minimum wage per hour?

Is there a minimum wage in Greece?

The new minimum wage in Greece will go from €758.33 ($894) per month to €773.50 ($912). It should be noted, however, that employees in Greece are entitled to 14 payments a year rather than 12. This means that beginning on January 1, 2022 they will be getting €663 per month, instead of €650.

What is the hourly wage in Greece?

What is the Greece Minimum Wage? Greece’s Minimum Wage is the lowest amount a worker can be legally paid for his work. Most countries have a nation-wide minimum wage that all workers must be paid. €683.76 per month ($762) in 12 payments,€586 per month ($653) in 14 payments,or €4.23 per hour.

What is the lowest salary in Greece?

In 2021, the national minimum wage in Greece remained fixed at 758.3 € per month, that is 9,100 euros per year, taking into account 12 payments per year.

How much is the average pay in Greece?

After 2009 there was a significant decrease in the average annual wages in Greece, which amounted to approximately 16 thousand euros in 2020.

Average annual wages in Greece from 2000 to 2020 (in euros)*

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Characteristic Average annual wages in euros
2020 16,975
2019 16,767
2018 16,603
2017 16,508

How much is cost of living in Greece?

Sample Monthly Budget for Living in Greece:

Expense Euro USD
Housing (rent for a one bedroom apartment in the center of Athens) €579 $650
Utilities (Gas, Electric, Phone, Internet) €107 $120
Groceries €205 $230
Basic Cost of Living €890 $1,000

What is the poverty level in Greece?

The poverty threshold in Greece is set at 5,266 euros annually for single-person households and at 11,059 euros annually for a family with two children. Households at risk of poverty totaled 697,590 in 2020, out of a total 4,115,678 households in the country.

How much is monthly salary in Greece?

The average salary in Greece is 2,788 EUR per month. 25% of workers in Greece earn less than 1,428 EUR and 75% earn over 1,428 EUR. Salaries vary depending on skill, level of education, and experience.

What is a high salary in Greece?

Top Greece Salaries – By Job

Activity Average Salary Salary Comparison
Media, Communication & Advertising $145,000 145000.0
Legal & Paralegal $116,000 116000.0
Executive Management & Change $88,000 88000.0
Engineering $66,000 66000.0

What’s minimum wage in Sweden?

Most countries in Europe have some sort of minimum wage in place, after the first laws on minimum legal pay were implemented in New Zealand and Australia in the 1980s. In Sweden however, there is no official minimum wage.

What is the minimum wage in Italy?

Minimum wages in Italy – 2021

There is no minimum wage amount in the European nation of Italy, as the amount one is paid is agreed upon through collective bargaining agreements on a job to job basis.

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Do people tip in Greece?

Tipping in Greece is customary, but is by no means obligatory. This Greece tipping guide will help you navigate when/where you can leave a little extra for great service.

What is the unemployment rate in Greece?

In 2020, the unemployment rate in Greece was around 16.85 percent.

Greece: Unemployment rate from 1999 to 2020.

Characteristic Unemployment rate
2019 17.31%
2018 19.29%
2017 21.49%
2016 23.54%

Is it safe to live in Greece?

Greece is generally a very safe place, and there is very little serious crime. They have one of the lowest costs of living in the European Union, although cities such as Athens are generally more expensive than the rest of the country. … Greeks are famed for being exceptionally welcoming and friendly.