Greece to increase minimum wage by 7.5 pct from May

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Greece to increase minimum wage by 7.5 pct from May

STORY: Greece to increase minimum wage by 7.5 pct from May DATELINE: April 21, 2022 LENGTH: 00:01:13 LOCATION: Athens CATEGORY: ECONOMY SHOTLIST: 1. various of views of Athens 2. various of Greek Prime Minister Kyriakos Mitsotakis speaking 3. various of street views STORYLINE: The minimum wage in Greece will be increased by 7.5 percent to 713 euros (774 U.S. dollars) monthly from 663 euros as of May 1, as part of measures to help the society to cope with the energy crisis and the effect of the Russia-Ukraine conflict, Greek Prime Minister Kyriakos Mitsotakis announced on Wednesday. "Combined with an initial rise in January (by 2 percent), the overall increase reaches 9.7 percent compared to the minimum wage of 2021," he said during a televised address broadcast on Greek national broadcaster ERT. For the nearly 650,000 employees in this category, the increase corresponds to another month's salary, on top of the 14 months they receive at present, Mitsotakis added. The wounds of the Greek debt crisis (201

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