Displaying items by tag: salaries

In Greece, workers supporting families are now required to cover housing costs that have reached the levels of European capitals, while incomes remain stagnant and do not keep pace with rising prices. High costs and the way the real estate market operates have created a new reality, where housing absorbs the largest part of monthly income. The result? The average rent now amounts to almost an entire monthly salary.

"The right mix of policies" in three main pillars was recommended by the head of the IMF mission for Greece, Gong Shik Kang, speaking online to journalists on the occasion of the completion of the IMF mission in Greece.

A Greek governmental plan to raise the nation's minimum salary is predicted to take place in October.