As the Greek minimum gross wage is raised to 830 euros, Manos Matsaganis highlights the importance of this measure in providing low-wage earners with a measure of relief from inflation and examines the reasons why wages remain low in Greece, calling for greater changes to stimulate the recovery of the economy. He also notes the significance of the transition to a high value-added economy and the need for all stakeholders to contribute constructively towards this goal.

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