Business

Greece raises minimum wage to pre-bailout levels

Greece raises minimum wage to pre-bailout levels 1

ATHENS, Greece — Greece announced on Friday an increase in the minimum wage that will restore pay to levels existing before sweeping cuts were imposed more than a decade ago during an international bailout. Prime Minister Kyriakos Mitsotakis said the…

German pensions to rise again, but slower than inflation

German pensions to rise again, but slower than inflation 11

BERLIN — German retirees’ pensions will rise significantly this summer for the second consecutive year, the government said Monday, though the increase will still fall short of the current inflation rate. The Labor Ministry said pensions will increase by 4.39%…