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Greece announces wage increases and tax relief reforms through 2028
Greece is implementing a series of labor and tax reforms aimed at increasing worker income through 2028. A central component is the gradual increase of the minimum wage, which is projected to exceed 950 euros by April 2027 and reach 1,000 euros by January 2028. From 2028, the minimum wage will be adjusted annually using a mathematical formula based on the cost of living for low-income households and changes in purchasing power.
Other key measures include the reactivation of seniority-based pay increases (trietia), providing a 10% raise for every three years of service. Public sector employees will receive annual horizontal increases tied to the minimum wage and a permanent gross bonus of 500 euros every December starting in 2027. Additionally, social security contributions in the private sector are expected to decrease.
Tax relief measures will specifically benefit families with three children. Starting in January 2027, approximately 53,000 employees and 33,894 self-employed individuals will see increased net monthly income due to a more favorable tax scale. For three-child families, the tax-free threshold will rise to 25,364 euros, potentially increasing monthly net pay by up to 150 euros for public sector workers.
Entities
Greece · Hellenic Statistical Authority · Kyriakos Mitsotakis · Ministry of National Economy and Finance
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 2 SOURCES] The minimum wage is targeted to reach 1,000 euros gross by January 1, 2028. www.alfavita.gr · www.proson.gr
- [● 2 SOURCES] The minimum wage will exceed 950 euros gross on April 1, 2027. www.alfavita.gr · www.proson.gr
- [● 2 SOURCES] A mandatory 10% increase for employees completing three years of service will be activated on January 1, 2027. www.alfavita.gr · www.proson.gr
- [○ 1 SOURCE] The Digital Work Card will be fully implemented in both public and private sectors by the end of 2027. www.alfavita.gr
- [● 2 SOURCES] Public employees will receive a permanent 500 euro gross allowance every December, starting in December 2027. www.alfavita.gr · www.proson.gr
- [● 2 SOURCES] Social security contributions in the private sector will decrease by 0.5% starting April 2027. www.alfavita.gr · www.proson.gr
- [○ 1 SOURCE] A new tax landscape for freelancers will be implemented in 2027, with benefits varying based on income and family status. odelalis.gr
- [● 2 SOURCES] The Greek government plans a series of wage and tax reforms through 2028. www.alfavita.gr · www.proson.gr