Recent news

Latest items of recent news relevant to Greece as reported in our fortnightly newswire ‘Dernières nouvelles’.

Greece: 2024 Labour Day postponed

The mandatory Labour Day holiday of 1st May 2024 has been postponed until Tuesday, 7th May 2024 due to the fact that it will otherwise coincide with Holy Wednesday …

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Greece: New rules for retirement provision

At the end of December last year the government published law 5078/2023 on the regulation of occupational insurance funds …

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Greece: New Labour reforms dilute employment protection provisions

Although the European Council had no intention to deregulate the labour market when it adopted EU Directive 2019/1152 on transparent and predictable working conditions the Greek Parliament has found it to be a useful pretext to do just that (Official Gazette A’ 158/26-9-2023) …

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Greece: Reduction in social security contributions (2025-2027)

According to the Greek Ministry of Labour and Social Security, over the past four years it has reduced social security contributions by 4 …

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Greece: Final end to total government austerity in the public sector

Ever since the IMF bailout in 2010, public sector pay has been subject to cuts amounting to over 40% during the last 13 years …

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Greece: An unchanging employment landscape

Although the economy remains as weak as ever and the government creaks under the second highest level of public sector debt (197% of GDP) in the World, few of the fundamentals ever change …

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Greece: Parliament passes new Migration Code

The new law, which will commence in January 2024, lifts the current ban on immigrant workers changing their location of residence in order to allow the better use of workers already living in Greece …

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Greece: Changed status of meal vouchers

Meal vouchers granted, in paper or electronic form, by employers to employees now fall under the concept of ‘exempt benefits in kind’, which are not included in the employees’ regular remuneration …

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Greece: 2023 monthly social security contribution cap

Social security agency increases 2023 monthly social security contribution cap …

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Greece: New minimum wage effective 1st April 2023

Paid out over 14 installments each year, the new monthly minimum wage will be increased by 9 …

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Greece: Extra month for digital work card

A pilot exercise concerning the operation of a digital “work card” has proven to be a success …

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Greece: ‘Great resignation’ gripping Greece

GREECE: Government seeks to stem outflow of workers from tourism and food services sectors …

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Greece: Minimum wage to rise again by May 2022

The gross minimum wage will rise from €663 (US$697 …

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Greece: Tax consequences of executives’ working hours exemption

The formal exclusion of executives from working time limits has removed them from entitlement to overtime payments …

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Greece: Minimum wage to be raised for the second time in 2022

The minimum wage is to be raised a second time in 2022 in order to accommodate rising fuel prices …

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