In an effort to stimulate economic growth, Greece has implemented a six-day workweek

In order to promote economic expansion, Greece has implemented a six-day workweek in specific sectors.

A new legislation has been implemented in Greece, effective July 1st, to introduce a six-day work week in order to stimulate economic development. Workers in industries that operate on a 24-hour basis are permitted to work an additional 48 hours per week, in addition to the standard 40 hours, under the new regulations. Employees may elect to implement this modification; they will receive an additional 40% compensation for overtime hours worked.

The Greek government’s action is in stark contrast to the prevailing tendencies in other regions of Europe and the United States, where shorter workweeks, such as the popular four-day work model, are gaining popularity. Advocates of shortened workweeks contend that reducing the number of hours worked can improve employee well-being and increase productivity.

Tourism and the culinary industry are sectors that are essential to Greece’s economy, but they are not included in the country’s extended workweek policy. Greek public broadcaster ERTNews reported that the government intends to address undeclared employment and tax evasion through this initiative.

Prime Minister Kyriakos Mitsotakis defended the policy, characterizing it as “deeply growth-oriented” and “worker-friendly.” Additionally, he stated that “It aligns Greece with the rest of Europe.”

Nevertheless, this action is in opposition to the global trend of increased flexibility in working hours that has been observed since the COVID-19 pandemic began.

The “working time directive” of the European Union requires member states to limit the number of hours worked per week, including overtime, to 48 hours.

Stringent fiscal policies and international rescues have been necessary to address the challenges that Greece has faced in its economic recovery efforts, which were precipitated by the 2008 financial crisis.

Greece’s transition to a prolonged workweek is indicative of its distinctive economic context and policy priorities in the post-crisis era, despite the fact that some countries are experimenting with shorter workweeks with promising results.