July 4th, 2024

Greece starts six-day working week for some industries

Greece implements a six-day working week with up to 48 hours, offering 40% overtime pay to boost the economy and combat tax evasion. The move aligns with European standards but contrasts global trends.

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Greece starts six-day working week for some industries

Greece has implemented a six-day working week for specific industries to stimulate economic growth. The new legislation allows employees to work up to 48 hours a week, with a 40% overtime pay incentive. This move contrasts with the trend in Europe and the US towards shorter working weeks for improved productivity and well-being. The Greek government aims to combat tax evasion linked to undeclared work through this measure, which excludes tourist businesses and the food industry. Prime Minister Kyriakos Mitsotakis views the legislation as pro-worker and growth-oriented, aligning Greece with European standards. The policy applies to businesses operating 24/7 with rotating shifts to address increased workloads. Greece's economy, previously impacted by the financial crisis, has shown signs of recovery under Mitsotakis. Despite global trends towards flexible working hours, Greece's decision diverges by extending working days. The EU's working time directive mandates a 48-hour limit on weekly working hours, including overtime, to ensure fair compensation and protect workers.

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By @gnabgib - 7 months
Discussion (87 points, 11 days ago, 151 comments) https://news.ycombinator.com/item?id=40761505