Meanwhile Greece reached the bottom of the EU in GDP PPP (tied with Bulgaria) for 2025.
Minimum wage hikes mean nothing if 50% of the employees are perpetually stuck earning the minimum wage (or salaries close to it).
Salt-Cat4487 on
Raising the minimum wage sounds good on paper, but without productivity growth and broader wage increases, it risks just compressing incomes rather than improving overall living standards.
postcard_addict on
That’s nothing for a minimum wage. UK is at €2500 per month for full time and the UK isn’t nearly 3 times as expensive as Greece. (London is apparently 51% more expensive than Athens and Glasgow is 25% more expensive)
ExiledCaptain on
For those not knowing the situation in Greece and think this does anything real for us :
We have 25-27% of people at or near the poverty threshold. Child proverty is at 22% and isnt even well documented (meaning it is almost certainly higher), children missing meals and not having clothes.
We have the worst puchasing power in Europe (tied with Bulgaria i think atm, but we are 100% getting there in the next few months).
~60% of people said they couldnt afford to have adequate heat during the winter
Just a few stats to have a better picture, the lists of how corrupt and useless our current government is and how bad our economy REALLY is, are actually depressingly big.
Crazy-Car948 on
Lmao
SpaceFunkyMonkey on
We are a fucking banana republic
Hawkious6 on
In case anyone is wondering, that’s 793 euros net, per month. And just by googling about the average cost of living in Athens, Greece. It is ~813 euros a month, excluding rent ([source](https://www.numbeo.com/cost-of-living/in/Athens))
Temporary_Sell3384 on
This sub is so conservative.
Raising the minimum wage is necessary for inflation alone. It also prevents immigration from driving wages down like in America. Workers have no control over productivity, why should they be punished for it?
papabear1993 on
1) Its 920, not 950.
2) 920 is not the amount we pocket. The amount we actually get pcm will be 772 eur.
3) Rent in a 40sqm apartment in Thessaloniki, Greece costs anything from 300 to 400eur and thats only if you can find something cheap. Also, bills not included.
4) Therefore, housing in the second biggest city of the country costs 550 to 600eur pcm for a 40sqm apartment (bills included, food not included).
5) Fuel for cars costs at least 2eur per litre. (Taxes are about 1.15 out of these 2eur)
6) Groceries in greece cost as much as in germany, often times even more.
Now tell me if 772eur is enough.
10 commenti
Greece is broke.
Meanwhile Greece reached the bottom of the EU in GDP PPP (tied with Bulgaria) for 2025.
Minimum wage hikes mean nothing if 50% of the employees are perpetually stuck earning the minimum wage (or salaries close to it).
Raising the minimum wage sounds good on paper, but without productivity growth and broader wage increases, it risks just compressing incomes rather than improving overall living standards.
That’s nothing for a minimum wage. UK is at €2500 per month for full time and the UK isn’t nearly 3 times as expensive as Greece. (London is apparently 51% more expensive than Athens and Glasgow is 25% more expensive)
For those not knowing the situation in Greece and think this does anything real for us :
We have 25-27% of people at or near the poverty threshold. Child proverty is at 22% and isnt even well documented (meaning it is almost certainly higher), children missing meals and not having clothes.
We have the worst puchasing power in Europe (tied with Bulgaria i think atm, but we are 100% getting there in the next few months).
~60% of people said they couldnt afford to have adequate heat during the winter
Just a few stats to have a better picture, the lists of how corrupt and useless our current government is and how bad our economy REALLY is, are actually depressingly big.
Lmao
We are a fucking banana republic
In case anyone is wondering, that’s 793 euros net, per month. And just by googling about the average cost of living in Athens, Greece. It is ~813 euros a month, excluding rent ([source](https://www.numbeo.com/cost-of-living/in/Athens))
This sub is so conservative.
Raising the minimum wage is necessary for inflation alone. It also prevents immigration from driving wages down like in America. Workers have no control over productivity, why should they be punished for it?
1) Its 920, not 950.
2) 920 is not the amount we pocket. The amount we actually get pcm will be 772 eur.
3) Rent in a 40sqm apartment in Thessaloniki, Greece costs anything from 300 to 400eur and thats only if you can find something cheap. Also, bills not included.
4) Therefore, housing in the second biggest city of the country costs 550 to 600eur pcm for a 40sqm apartment (bills included, food not included).
5) Fuel for cars costs at least 2eur per litre. (Taxes are about 1.15 out of these 2eur)
6) Groceries in greece cost as much as in germany, often times even more.
Now tell me if 772eur is enough.