Labour, Social Security and Social Solidarity Ministry Efi Achitsoglou is in Sofia to participate in the Informal Council of Ministers for Employment and Social Policy of the European Union, held on April 17-18, 2018.
Achtsioglou stressed the importance of the debate, at the European level, on collective agreements and the level of wages, in particular the minimum wage. “Because the main instrument for boosting competitiveness and boosting growth during the crisis was internal devaluation, which focused on reducing labour costs, it is now important to review these two pillars of the labor market,” Achtsioglou said.
She also referred to the Greek government’s strategy to review the level of the minimum wage in the country after the end of the fiscal adjustment programme, provided there is improvement in the fundamentals of the Greek economy.
In this respect, she welcomed the ETUC initiative to launch a wide-ranging dialogue at European level on wage convergence in the EU in order to achieve a fairer distribution of the wealth generated and the income and strengthen social cohesion, while underlining the support of the Greek government in this European campaign.