Minister says ‘golden balance’ found on minimum wage rise

Labour Minister Marinos Mousiouttas said on Friday that the government had struck a “golden balance” on the increase to the national minimum wage, which will apply for the next two years, responding to criticism voiced by social partners.

Trade unions said in a joint statement that the level of the minimum wage decided does not help reduce inequalities, while the employers and industrialists’ federation Oev warned that for some businesses the increase could raise issues of sustainability...