Eurostat’s 2024 data show Greece posting the EU’s second-lowest median wage, outpacing only Bulgaria and remaining well below the European average

Wage inequalities in Greece are increasing compared to the European average, according to data analyzed by the Center of Planning and Economic Research (KEPE) in its publication “Economic Developments, Issue 58.” Specifically, in 2022, the wage situation in Greek regions worsened significantly, with a clear divergence from the European average. Attica continues to record higher […]

BoG Governor Yannis Stournaras cautioned that sudden wage rises risk economic instability, while pointing to falling debt, strong growth and new competition in banking

Despite salary increases and lower inflation rates, Greek households continue to struggle as soaring prices and limited purchasing power leave many unable to cover basic needs

In the EU 18.2% of women are low-paid compared to men, against 23% in Greece. A staggering 43% of young Greeks are low-paid—the second-worst rate in Europe.

"We are striking against the increasing cost of living crisis, we are striking for better wages"

It is also interesting to note that leadership roles remained predominantly male at a percentage of 57.3%, primarily in the 36–54 age group.

The data on Greek wages from Eurostat contradicts the political narrative in Greece, which presents an image of financial recovery and inclusive economic growth.

According to Eurostat, the average adjusted annual salary in Greece stands at €17,000, with Hungary close behind at €16,900. The only country faring worse is Bulgaria, where the figure is €13,500.