Labor reform in Greece: mixed reactions and concerns

Labor reform in Greece: mixed reactions and concerns

In Greece, a labor reform was recently passed that provides for a 6-day week with an extra salary for additional hours worked. However, this measure is met with skepticism and criticism by many Greeks. An expert named Bastian notes that the reality of many people in Greece continues to be one of economic uncertainty and the new legal change only forces this situation rather than improving it.

Although the labor reform aims to combat the shadow economy and expose undeclared work, doubts remain about its effectiveness. Bastian is particularly critical of the surcharge of up to 115 percent for overtime. The high tax burden and social security contributions in Greece mean that employers and employees have to give up a significant portion of their income, forcing many to work extra hours to make ends meet.

Despite the tempting offer as part of the labor reform, it remains questionable how much of the additional income actually reaches employees after deducting taxes and social security contributions. Concern for fair wages and improved working conditions drives much discussion about the impact of the 6-day week in Greece. It remains to be seen how the situation will develop and whether the planned measures will actually achieve the desired effects.