Greece’s New Government Is Already Hiking The Minimum Wage And Reversing Privatization

greeces-new-government-1024x576The incoming government in Athens is already making waves: Greece’s minimum wage will be hiked by 10%, to about €750 per month from about €680. That’s according to Syriza’s new labor minister, speaking to the Greek TV station Skai. It’s not the only big change the new leadership is moving quickly on. The government had previously been planning the sale of two-thirds of the Port of Piraeus, Greece’s largest seaport. But that was immediately halted Tuesday, according to Reuters. Read Full Article


Categories: Europe, Global Economy - Markets - Finance, Greece

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