Sunday, May 10, 2015

10 May 2015 - some data about the debated points: pensions and minimun wage in Greece

10 May 2015 - Some data about the debated points: pensions and minimum wage in Greece

Greek official retirement age is at 67, and practical retirement ages do not differ much from other European countries:

http://en.wikipedia.org/wiki/Retirement

Greek pension are betewen 430 and 1300 euro

http://www.grreporter.info/en/greek_pensions_range_1300_430_euro_month/11464

Greek minimum wage is 683 euro net per month

http://www.tradingeconomics.com/greece/minimum-wages

German minimum wage is 8,50 gross per hour - http://de.wikipedia.org/wiki/Mindestlohngesetz_%28Deutschland%29 (min wage = 'mindestlohn' in German) - if 40 hours per week and 4,3 weeks per month, this gives 1462 euro gross per month

What decreases would IMF find 'appropriate reforms' in Greek pensions and labour', given above?

- Maybe: flexibility - less job protection
- government expenditure: lower percentage that the current 50% of GDP

(GenFKD | Who Broke Greece?
www.genfkd.com/who-broke-greece/
Vertaal deze pagina
6 feb. 2015 - The problems in Greece go far back—nearly 15 years. ... added 150,000civil servant jobs, raising government expenditures to 50% of GDP)

http://euro-drachma-grexit.blogspot.nl/




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