Feb 16 • 06:30 UTC 🇬🇷 Greece To Vima

Rising Costs Eliminate Salary Increases - The Gap with Europe

A report outlines how rising costs in Greece have overshadowed salary increases, with many workers facing real income loss due to inflation.

In Greece, workers have continued to face significant wage challenges as the rising cost of living has outpaced salary increases. Official data reveals that despite a nominal salary increase to an average gross wage of €1,363 in 2025, this represents just a 1.56% increase from €1,342 in 2024, while inflation for the same year was at 2.5%. This effectively leads to a real wage decrease of approximately 1%, highlighting a critical issue for employees navigating the economic landscape. Moreover, a staggering 36.5% of workers still earn gross wages of up to €1,000, indicating a significant number of individuals struggling to meet their basic needs. The report criticizes the government's failure to address these wage stagnations while recognizing the intensified inflation present in supermarkets and housing markets. This situation not only puts immense pressure on the lower and middle-income segments but also points to a growing disparity in wages compared to the European standards, raising urgent concerns over economic equity and workers' rights in Greece. The government's responsibility in managing these economic challenges comes into sharp focus as society grapples with the consequences of inadequate wage policies amidst rising inflation rates.

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