Currency
Euro (EUR)
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Greece has a diverse economy with significant contributions from tourism, shipping, and agriculture. The labor market is governed by a robust framework of legislation and Collective Bargaining Agreements (CCNLs) that provide extensive employee protections. As of April 1, 2026, the statutory minimum wage for full-time employees is EURO920 gross per month. Notably, employees are entitled to 14 months of pay per year (including Christmas, Easter, and annual holiday bonuses).
Social Security: 21.79%
Work Injury Insurance: Included within social security contributions
Total Employer Contribution: 21.79%
Social Security: 13.37%
Total Employee Contribution: 13.37%
Up to EURO10,000: 9%
EURO10,001 – EURO20,000: 22%
EURO20,001 – EURO30,000: 28%
EURO30,001 – EURO40,000: 36%
Above EURO40,000: 44%
Employees are entitled to 20-26 days of annual leave depending on their length of service. During the first two years, leave accrual is proportional to service; from the third year, the employee is entitled to full leave from January 1. Unused leave must be utilized by the end of March of the following year. Greece also recognizes multiple national public holidays.
Female employees are entitled to 17 weeks of maternity leave, with a minimum of 8 weeks taken before the expected delivery date and 9 weeks after. This leave is mandatory and fully funded by the Social Security Fund (e-EFKA) and the employer.
Fathers are entitled to 14 working days of paid paternity leave, which can be taken entirely after the birth or partially before and after the birth, within 30 days of the delivery.
Parental Leave: Both parents are entitled to special leave and childcare provisions.
Other Leaves: Includes wedding leave, student/education leave, and bereavement leave. Employees are also entitled to “childcare leave” which allows for reduced working hours or extended time off to care for infants.
Termination must be justified by valid grounds (e.g., serious misconduct or economic reasons) and requires adherence to strict due process, including documentation through the ERGANI system. Employees on permanent contracts are generally entitled to statutory severance pay based on their length of service and salary levels.
Notice periods are strictly regulated and increase based on the employee’s tenure, typically ranging from 1 month to several months depending on the length of service.
Probationary periods are permitted but must be clearly defined in the employment contract. If not otherwise specified by a collective agreement, the legal maximum for a trial period is typically 12 months.