Labor Ministry

The process for the adjustment of the minimum wage will begin in the last 10 days of February, and according to law it must be completed within four months. Discussions have already started within the government, with spokesman Stelios Petsas reiterating New Democracy's election pledge for an increase up to the level of 703 euros per month in the next three years.

The raises and retroactive payments due to recipients of main and auxiliary pensions will be paid out in June. They will be be based on the changes included in the Labor Ministry's draft law, as all 2.8 million main pensions will need to be recalculated after it is passed.

Greek Premier Kyriakos Mitsotakis will depart for Switzerland on Wednesday evening to attend the 2020 World Economic Forum at Davos-Klosters, his office said Tuesday.

On Wednesday morning, he will attend the plenary session vote for the election of Greece's new president at 10.30 a.m., then at noon he will meet with the Labor Ministry's leadership at his Maximos Mansion office.

Salary workers who also have a second job for which they are paid via an invoice book ("blokaki") will need to have a salary of at least 800 euros per month to avoid having to pay two sets of social security contributions.

The final version of the Labor Ministry bill on the new replacement rates for pensioners will lead to an increase in main pensions by 12 to 252 euros per month, Kathimerini understands.

The final version of the Labor Ministry bill on the new replacement rates for pensioners will lead to an increase in main pensions by 12 to 252 euros per month, Kathimerini understands.

Over 4 million workers and pensioners insured with the country's main and auxiliary social security funds (EFKA and ETEAEP) can expect to see changes and shifts in their pensions and incomes judging by the blueprint the Labor Ministry is expected to send to the General Secretariat of the government on Wednesday, before heading to Parliament.

The Labor Ministry's pilot program titled "Greece Again" and described at its launch as an "emblematic initiative" hopes to convince some 500 highly qualified Greek professionals aged 28-40 who are currently working abroad to come back home. How? By promising a minimum gross salary of 3,000 euros a month.

The Labor Ministry is set to fully overhaul the country's pension system next month, as the social security reforms it is promoting will increase some 450,000 main and auxiliary pensions. The final number of recipients and the size of the hikes will be determined by the necessary study for the ministry by the National Actuarial Authority.

The Greek labor market has recorded increases in the number of enterprises and salary workers this year, but also a reduction in the average salary, while a considerable portion of workers continue to earn very low wages, according to the statistics of the Ergani database.