Download the app
← Latest news

Greece lifts minimum wage 4.5 percent to 920 euros amid Iran war energy shocks

Economy
Published on 24 April 2026
Greece lifts minimum wage 4.5 percent to 920 euros amid Iran war energy shocks

Sixth rise in four years as energy bills bite

Greece plans to raise the gross monthly minimum wage by 4.5% to 920 euros starting April 1, the sixth increase in just four years. The government says the move is meant to rebuild living standards hurt by the financial crisis and soften the impact of rising energy costs as geopolitical pressures, including Iran war-related strain, weigh on the economy. A target of 950 euros by 2027 is set.

  • Minimum wage rises 4.5% to 920 euros from April 1
  • Change marks six increases in four years
  • Goal is to support living standards after crises
  • Target minimum salary set at 950 euros by 2027
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

The full experience is on mobile.

Swipe through stories, personalise your feed, and save articles for later — all on the app.