Labor Ministry
Operation ‘brain gain’ abroad
An attractive salary package, the stability that a large group can offer and the prospect of career development are the main weapons being deployed by leading Greek businesses in the battle to reverse the brain drain and make the idea of moving back home more attractive, in combination with the tax exemptions introduced by the government.
- Read more about Operation ‘brain gain’ abroad
- Log in to post comments
Extra €2 bln in state payments
The state budget will distribute additional funds of more than 2 billion euros in 2025 to retirees, employees and the unemployed, as increases in spending on pensions are foreseen, along with greater state funding to cover the needs of the National Organization for Healthcare Services (EOPYY), due to the reduction in healthcare contributions by one percentage point, as well as an increase in fu
- Read more about Extra €2 bln in state payments
- Log in to post comments
All pensions data on one app
The digital mailbox of Gov.gr will present all prospective retirees of the Single Social Security Entity (EFKA) with their retirement decision as of January. At the same time the decision and all monthly statements will be accessible at any time in retirees' electronic wallet (Gov.gr wallet).
- Read more about All pensions data on one app
- Log in to post comments
Minimum wage hike of 2.5-3%
Minimum wage raises of approximately 2.5% to 3% stem from the new formula of the Labor Ministry bill that will be implemented after 2028, according to estimates by economic analysts.
The estimates are based on the historical data of the Greek economy on productivity. If this were to accelerate significantly, it could ensure a better result.
- Read more about Minimum wage hike of 2.5-3%
- Log in to post comments
Wages jump up to 46% in 5 years
Salaries have increased in total by 12-46% over the last five years in the 20 sectors with the greatest employment, according to the Labor Ministry's Ergani database.
- Read more about Wages jump up to 46% in 5 years
- Log in to post comments
Overhaul for foreign workers
The government is planning important changes to the institutional framework for foreigners invited for cover specific labor shortages in Greece, from the way that the real needs for labor in each region is recorded to the issuance of a residence permit for foreign laborers.
- Read more about Overhaul for foreign workers
- Log in to post comments
Unemployment drops to 9.5% in August
The seasonally adjusted unemployment rate in August 2024 amounted to 9.5% compared to the upwardly revised 11.4% in August 2023 and 9.9% in July 2024, the Hellenic Statistical Authority (ELSTAT) announced on Tuesday.
- Read more about Unemployment drops to 9.5% in August
- Log in to post comments
Online guide to brain gain
The Labor Ministry has enriched its Rebrain Greece platform with a repatriation guide, supplying useful information on the steps and necessary procedures for transferring the tax domicile of Greek professionals and talents from abroad, together with the relevant financial and tax incentives and how to utilize them.
- Read more about Online guide to brain gain
- Log in to post comments
Need to expand the workforce
The Labor Ministry will focus its efforts to increase employment on the large pool of more than 4.2 million people who are outside the labor force - i.e. neither working nor looking for work - while the Hellenic Statistical Authority (ELSTAT) said on Thursday the unemployment rate stabilized at a single digit (9.8%).
- Read more about Need to expand the workforce
- Log in to post comments
Greece battles deadly wildfire for third day
Greek emergency services battled a massive wildfire threatening Athens for a third day on Tuesday as two firefighting planes and a helicopter sent by Türkiye joined efforts to fight the blazes.
- Read more about Greece battles deadly wildfire for third day
- Log in to post comments