National minimum wage as of the 1st of January 2023

The Council of Ministers has recently issued the Minimum Wage Decree of 2022 (hereinafter referred to as “the Decree”) and according to the new Decree, which applies from the 1st of January 2023:

  • Every employee who works full-time must receive an initial monthly wage of at least €885 gross and after a 6-month continuous period of employment with the same employer, this wage must increase to at least €940 gross.
  • If an employer offers food and accommodation to the employee, an agreement can be reached to deduct from the minimum wage an amount of up to 15 per cent for food and up to 10 per cent for housing. The employee has the right to give their employer a 45-day notice if they do not wish to have such an agreement.
  • The working hours of the employees must be those applied at the time  the Decree came into force, as determined either by collective agreement, or by a written agreement between the employer and the employee.
  • The Decree does not apply to domestic workers, workers in the agricultural and animal farming workers and seamen; the minimum wage for these employees is determined either by collective agreement, if applicable, or by a written employment agreement between the employer and the employee.
  • Workers to whom the Minimum Wages in the Hotel Industry Decree of 2020 applies are exempted by the Decree.
  • The minimum wage will be re-evaluated on the 1st of January 2024 and every two years thereafter.