Average earnings in Greece

Analysts talk about the imminent exit of Greece from the crisis. Exactly 2021 should be a period of economic growth, price stabilization and unemployment reduction.

Economic situation and incomes of the population today

The consequences of the country's accession to the European Union affected the growth of GDP and an increase in the number of unemployed. However, experts are inclined to predict the revival of the Greek economy, an increase in the number of jobs during 2021. Prices will stabilize, salaries will gradually increase.

The authorities actively support the policy of freezing the cost of food, utilities, and tax relief. Reviving the tourism industry

Salary per month by profession

The most demanded specialists in the country: general practitioners, surgeons; teachers, lawyers. The service industry requires professional guides, maids, and cooks.

Table 1. Average income in Greece by occupation in 2021.

Minimum

The minimum wage in Greece is 540€. Workers without qualifications, students, trainees expect a similar salary. Couriers, nannies, drivers and farmers receive from 900 euros without tax deductions.

Greeks who have lost stable jobs are forced to rely on benefits in 350-700€ per month. At the same time, taxes were tightened. The financial framework negatively affected the agricultural sector, manufacturing, tourism business, and shipping.

Average

Average salary in Greece in 2021 fixed at the level of 1800€... This is the lot of programmers, architects, accountants, managers, engineers, business analysts. But with the advent of the crisis, the average earnings of the population fell by 2/3, the personal earnings of a budget employee amounted to ½ of the previous one. The trend has changed for the better since the beginning of 2021: salaries are growing steadily, jobs have appeared on the labor market, and unemployment has begun to decline.

Average starting salary

Migrants without work experience are guaranteed to receive income in the area 600€ per month. Handymen, movers, waiters earn at first from 500 to 700 euros per month.

It will not be difficult for newcomers to get ancillary work in times of crisis, because local specialists, left without jobs in the office in a wave of redundancies, are in no hurry to lower their rank to low-grade specialties, since this is a spot on an ideal career and further work practice.

Maximum

Bankers, lawyers, doctors, and pilots receive the most in Greece. A qualified surgeon earns from 3 to 5 thousand euros per month... The banking elite, top managers of companies, private lawyers, lawyers and international class pilots have salaries from 4 to 15 thousand euros per month.

Labor remuneration by city and region

Average earnings are unevenly distributed across the country. In the province, incomes are much more modest than in Athens and Thessaloniki.

The same school teacher, with the same workload in the periphery, does not earn a month more than 1000 euros, and in the capital - up to 2000 and more.

Payroll taxes

Individuals are severely affected by Greek taxes. These figures are among the highest in the EU. If the owner of a private hotel, the area of ​​which exceeds 300 square meters, receives income from tourism more than 35 thousand euros in 12 months, then its tax deduction will be 48%.

The employer deducts monthly income tax from employees according to a progressive system of rates:

• up to 25 thousand euros per year the rate is 22%;
• from 25 to 42 thousand euros - 32%;
• from 42 thousand euros and more - 43%.

For free workers and self-employed persons, the grid has been slightly changed:

• up to 50 thousand euros — 26%;
• over 50 thousand euros — 33%.

Income tax

The tourism sector contributes large sums to the state budget, therefore, the fiscal costs of renting real estate, vehicles are regulated in the income taxes article:

• up to 12 thousand euros — 15%;
• from 12 to 35 thousand euros — 35%;
• more than 35 thousand euros — 45%.

Property owners are taxed annually at the level of 1,5% profitability from the building. If the area has a leasing purpose of use, then the percentage increases to 3. In 2021, they want to increase this rate to 3,2%.

Social contributions and other taxes

Social contributions to the pension fund, medicine, insurance contributions must be provided by each employer on a monthly basis. Is deducted from wages 28%, employee share here 16% of income... Large families, parents of children with disabilities, pensioners are protected from deductions.

The ratio of salary and living expenses

Greece today is going through an economic crisis. The income level of the population has fallen over the past 3 years from 2000 euros monthly income up to 600... In such conditions, it is necessary for each member of the family to work.

To ensure the minimum level of comfort, a family of two will have enough 1200€ per month of net income, which is comparable to the average salary.

• The property. During the crisis, property rental prices fell. Now for 200-300 euros a month you can rent a comfortable apartment with all the amenities, furniture, and appliances. A small villa with sea views within the mainland zone will be released for about 350-400 €.
• Highways. There are paid sections of the road in the country, for example, a trip along the Athens-Thessaloniki highway will cost 34 €. You can also go on the free road, but the path is twice as long.
• Public transport. Taxi services in Athens from 3 to 15 €. In public transport, the price for one trip is 1 euro, you can buy a pass for 1 month for 35 euro.
• The medicine. The level of medicine in the country is decent. The insurance covers the costs of basic specialists, excluding the dentist. In the case of placement in a clinic for treatment, the patient will be provided with everything necessary, including food, medicines, consumables.
• Catering business. For dinner at a local restaurant, the bill will range from € 30-60. Alcoholic drinks in restaurants cost 7-13 euros (for one glass). Small bakeries and pizzerias are much more modest in terms of furnishings and pricing. Lunch with a glass of excellent local wine will cost around 10 euros per person.

Unemployment Rate and Prospects for Migrants

Unemployment in the country is being cut at an intense pace. The authorities are constantly looking for a way out of the situation, come to tangible results. The falling incomes hit all strata of the Greeks. But the economy has resisted, the process of revival has been launched.

The fact is that, according to Greek principles, it is impossible to get a worthy place and build a career if you enter production or the service sector with a specialist diploma. Therefore, the majority of qualified personnel remained on severance pay after being laid off.

This trend so far plays into the hands of migrants who agree to any kind of earnings. They are willingly issued for port work, warehouses, in the field of construction services.

Given the weakening wave of the crisis, the Greek government plans to increase the level of income of the population. In the near future: an increase in wages, an easing of the tax burden, simplification of obtaining a residence permit for residents.