During a recent meeting of the Governmental Economic Policy Council, Greek Prime Minister Kyriakos Mitsotakis focused on the planning of productive ministries for 2026. He provided guidelines aimed at achieving the government's core economic objectives as reflected in the state budget. Among the fundamental targets outlined were the sustained growth rates, which are expected to exceed the European average, and the continued positive trends in the labor market, with declining unemployment aiming for historical lows.

Mitsotakis emphasized the importance of a more macroeconomic perspective on labor market dynamics, acknowledging the artificial constraints previously imposed. He hinted at a forthcoming decision regarding the increase in the minimum wage, which is scheduled to be announced by the end of March. This announcement is critical as it will impact wage levels and consumer spending power broadly, amidst ongoing inflationary pressures across various sectors within the country.

The focus on economic growth and labor market improvement indicates the Greek government’s commitment to ensuring that the country aligns with broader European economic conditions. As such, the planned measures and the anticipated minimum wage hike could play significant roles in bolstering economic confidence and enhancing the living standards of Greek citizens in the face of challenging economic conditions.