The government will meet the target of raising the average wage to 1,500 euros and the minimum wage to 950 euros by elections in 2027, Prime Minister Kyriakos Mitsotakis asserted in a social media post on Wednesday.
Referring to data on the annual report of the payments-related ‘Ergani’ system released the same day, the prime minister underlined, “The conclusive response to high cost of living is a permanent increase in salaries. It is our priority, and a national goal.”
The data the PM cited from Ergani show that the average wage in Greece rose to 1,342 euros or a 7.2% rise compared to 2023, or 28.3% since 2019, when it was 1,046 euros. The minimum wage has increased from 650 euros in 2019 to 830 euros at present, with Mitsotakis noting that a new raise in the minimum wage will be introduced in April.
In terms of employment, Ergani registered a 76.4% increase in full-time work, up 1.6% from 2023 and 7.2% from 2019. In addition, the number of jobs doubled compared to 2022-2023 (an additional 93,312 from an additional 47,246 employees), while the average full-time wage rose to 1,478 euros in December 2024.
Expressing his particular satisfaction over the Ergani report, Mitsotakis said, “All this leads us to the certainty that we will meet the target we set before the national elections: to achieve an average wage in Greece of 1,500 euros in 2027, and a minimum wage of 950 euros.”