Pay cuts as agreements run out in Greece?

From the middle of this month it has become easier for Greek employers to reduce pay when collective agreements expire.

Under legislation passed this year, most pay supplements are lost three months after an agreement runs out.

Employers are only obliged to pay the basic wage plus supplements based on seniority, the number of children, educational qualifications and exposure to hazardous substances. This lower level of payment continues until a new collective agreement or a personal contract has been signed.