Recent news

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

Greece: EU aids recovery

In an effort to boost employment, the Greek Ministry of Labour will be receiving funding from the European Union for the years 2021–2027, which amounts to approximately €5 …

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Greece: Digital working time system and e-cards for employees

The implementation of the digital working time system and the use of e-cards for employees is set to be rolled out throughout this year …

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Greece: Government broadens criteria for Golden Visa scheme

Third-country nationals wishing to obtain a 5-year “gold visa” giving residency by investment may now have the options to invest at least 400,000 euros (US$443,000) in a Greece-based company, or in Greek shares or bonds …

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Greece: Amendments to the constitution

The national parliament has approved nine major amendments to the constitution, a process that started back in 2018 by the former government, but was never completed …

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Greece: A new legal framework for termination of employment contracts

Law 4611/2019 that became effective on May 17th requires that employers must provide valid business-related justifications for dismissing anyone on an indefinite employment contract …

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Greece: Hike in minimum wage comes into force (2019)

The standard monthly minimum wage has now increased from €586 (US$670 …

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Greece: Minimum wage to be hiked in 2019

According to the Labour Minister Effie Achtsioglou, the government is proposing a minimum wage increase ranging from 5%-11% …

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Greece: Whistleblower protection

The head of the Greek government’s initiative for combating corruption has announced that the Ministry of Justice will be taking steps to further strengthen the legal framework for the protection of whistleblowers …

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Greece: Minimum wage finally set to increase as of January 2019

Following the end of the Bailout restrictions, the Greek government is seeking to speed up the revision of the Minimum wage to bring it back to at least its level before its prolonged economic crisis saw it slashed by 32% …

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Greece: Hiring activity increased in February

According to latest figures published by the Single Social Security Entity, in February 2018 there was an increase in hiring activity amounting to 16628 jobs – a record since 2001 …

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Greece: Trade unions are planning a nationwide strike

Trade unions in the construction industry are planning a nationwide strike on March 14th 2018 in support of a new collective agreement to ensure wage increases, the protection of unemployed workers and measure to help reactivate the sector …

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Greece: “Sklavenitis” reached wage agreement with employees’ association

One of the largest supermarket chains in Greece “Sklavenitis” has reached a wage agreement with its employees’ association, which sets the minimum monthly gross wage for new employees at 800 euros …

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Greece: Inland Revenue requires declaration of where to move

The Inland Revenue now requires all Greek nationals migrating to other countries to declare where they are moving to – so that they can be taken off the tax registry …

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Greece: Overtime

Overtime is notifiable in advance if it exceeds 46 hours a week (5-day wk) or 49 hours (6-day wk) …

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Greece: Cannabis for medical use legalized

Employers should note that the latest country to legalise cannabis for medical use is Greece …

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