Over 700,000 minimum wage workers in Greece will see their salaries gradually increase, beginning in April 2025. Current gross minimum wage stands at €830, which will rise to €870, and the net minimum wage will increase from €706 to €733….
As Greece prepares to increase the minimum wage by €40 in April and aims for a minimum wage of €950 by 2027, the Independent Authority for Public Revenue sets a record tax revenue target of €67 billion for 2025. Significant…
Starting tomorrow, Ireland’s minimum wage will rise by €0.80 to €13.50 per hour, benefiting around 195,000 workers. However, small business owners express concerns about rising operational costs, which may lead to increased consumer prices. Industry leaders like Mark O’Keeffe and…
Greek Prime Minister Kyriakos Mitsotakis emphasizes the importance of continuous income improvement and tax reductions as central to the government’s economic strategy for 2025. In recent interviews, he outlines key government objectives including income enhancement, inequality reduction, and job creation,…
Starting January 1, 2025, the Netherlands will implement significant economic changes including increases in minimum wage and pensions, tax adjustments, and modifications to a variety of subsidies. Major alterations involve an increase in child care benefits and lottery taxes, the…
Opposition parties in Italy, including the Democratic Party, Five Star Movement, and Leftist Alliance, are set to deposit signatures for a bill establishing a minimum wage of 9 euros per hour. The Democratic Party criticizes the government over the fiscal…
Greece is anticipated to achieve a budget surplus of 13.5 billion euros, driven by economic recovery and restored market confidence, according to a report by German newspaper FAZ. While other EU nations face recession, Greece’s budget for 2025 has significantly…
Mencap, a leading charity supporting individuals with learning disabilities, warns it may have to close at least 60 services due to a rise in National Insurance contributions and the national minimum wage. The charity estimates that the combined financial impact…
Mencap, a charity supporting individuals with learning disabilities, warns it may have to cease operation of at least 60 services due to increased National Insurance contributions and rising minimum wage costs from the recent Budget. The charity anticipates an annual…
In Greece, the Christmas bonus for private sector employees must be paid by December 20, 2024. Many employers choose to pay earlier, typically from mid-week onwards. Employees can calculate their bonus through an online application. The bonus equals one month’s…
Dimitris Koutsoumbas, General Secretary of the Communist Party of Greece (KKE), addressed supporters in Veria, arguing that the state budget prioritizes corporate interests over the working class. He criticized political opponents, including New Democracy, SYRIZA, and PASOK, for failing to…
The Greek Parliament passed a bill to set the minimum wage, with 157 votes in favor and 139 against. Prime Minister Kyriakos Mitsotakis outlined goals for increasing the average salary to €1,500 and the minimum wage to €950 by the…
