{"id":12860,"date":"2026-06-25T18:20:00","date_gmt":"2026-06-25T15:20:00","guid":{"rendered":"https:\/\/en.tomanifesto.gr\/?p=12860"},"modified":"2026-06-25T18:20:00","modified_gmt":"2026-06-25T15:20:00","slug":"piraeus-bank-new-collective-bargaining-agreement-with-a-minimum-wage-of-1700-euros-a-post-by-niki-kerameos","status":"publish","type":"post","link":"https:\/\/en.tomanifesto.gr\/?p=12860","title":{"rendered":"Piraeus Bank: New Collective Bargaining Agreement with a Minimum Wage of 1,700 euros – A post by Niki Kerameos"},"content":{"rendered":"

The signing of a new Collective Collective Bargaining Agreement<\/b> for employees<\/b> at Piraeus Bank<\/b> was announced by relevant organizations.<\/p>\n

This agreement establishes minimum wage of 1,700.00 euros<\/b> for all, as well as actual wage wage<\/b> increases of up to 305 euros over the three-year period 2027\u20132029, and immediate benefits worth 660 euros.<\/p>\n

The Minister of Labor, Niki Kerameos<\/b>, emphasizing that \u201cthe labor market is changing following the National Social Agreement. Many new collective bargaining agreements with higher wages and better working conditions for hundreds of thousands of workers<\/b>.\u201d<\/p>\n

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<\/div>\n<\/figure>\n

Among other things, the organizations describe the new agreement as historic, citing economic and institutional breakthroughs that far exceed any other agreement signed over the past fifteen years.\u00a0<\/p>\n

The full announcement:<\/strong><\/p>\n

With a sense of responsibility and satisfaction, the<\/p>\n

– \u201cPiraeus Bank Employees\u2019 Association\u201d (S.E.T.P.), <\/p>\n

– \u201cAgricultural Bank\u2013Piraeus Bank Employees\u2019 Association\u201d (S.E.T.A.P.), <\/p>\n

– \u201cUnited Association of Piraeus Bank Employees\u201d (E.S.E.T.P.) and <\/p>\n

– \u201cAssociation of Employees of Piraeus Bank (formerly ETVA)\u201d (SYTP-ETBA) <\/p>\n

announce the signing of a truly historic Company Collective Bargaining Agreement for employees of Piraeus Bank. Following negotiations that lasted more than two months, our unions have signed the new Collective Bargaining Agreement, which brings about groundbreaking changes at both the economic and institutional levels, far surpassing any other agreement signed over the past fifteen years.\u00a0<\/p>\n

The new collective bargaining agreement effectively secures benefits for all staff, setting a new standard for the entire private sector in our country.\u00a0<\/p>\n

Specifically, we achieved: <\/p>\n

Establishment of a minimum wage of \u20ac1,700.00<\/strong> for all employees at Piraeus Bank.<\/p>\n

Real wage increases<\/strong> of up to \u20ac305.00 <\/strong>for everyone over the three-year period 2027\u20132029, to be paid in installments at the beginning of each year. <\/p>\n

Immediate benefits worth 660.00 to all employees for 2026.<\/strong><\/p>\n

Introduction of new, additional job-related allowances of up to 80.00 \u20ac.<\/strong><\/p>\n

Substantial increase in family and other social benefits (increased benefits for families with three or more children, measures to address low birth rates).\u00a0<\/strong><\/p>\n

Significant Regulation Regarding Artificial Intelligence<\/strong><\/p>\n

The Bank\u2019s Management, recognizing the financial reality faced by employees, has finally accepted all of our Unions\u2019 arguments and co-signed the new Collective Bargaining Agreement, which changes the economic landscape at the Bank, in the sector, and beyond.<\/p>\n

We have signed an agreement that offers prospects for the future and improves the lives of employees!<\/strong><\/p>\n

Detailed Presentation of the Key Points of the New Company Collective Bargaining Agreement at Piraeus Bank<\/strong><\/p>\n

Establishment of a minimum wage of \u20ac1,700.00<\/strong> for all employees at Piraeus Bank, effective February 1, 2027.<\/p>\n

A real total increase in the company allowance of \u20ac255.00<\/strong> for all employees over the three-year period 2027\u20132029, not to be offset against future increases or voluntary benefits:<\/p>\n

    \n
  • +\u20ac110.00 as of January 1, 2027, bringing the total to \u20ac160.00.<\/li>\n
  • +60.00 \u20ac starting January 1, 2028, bringing the total to 220.00 \u20ac.<\/li>\n
  • +85.00 \u20ac as of 1\/1\/2029, bringing the total to 305.00 \u20ac.<\/li>\n<\/ul>\n

    Establishment of new, additional operational responsibility allowances<\/strong> of 70.00 \u20ac and 80.00 \u20ac for roles with responsibility, both in the branch network and at headquarters, as follows:\u00a0<\/p>\n

    Branches<\/strong><\/p>\n

    \u20ac80.00 for employees in the role of branch manager<\/p>\n

    \u20ac70.00 for employees in the roles of UBO, PBO, SBO<\/p>\n

    Headquarters<\/strong><\/p>\n

    \u20ac80.00 for employees in the role of senior manager<\/p>\n

    \u20ac70.00 for employees in the role of manager<\/p>\n

    Direct benefits for all employees in 2026<\/strong><\/p>\n

      \n
    • \u20ac250.00 prepaid Sklavenitis card, effective July 1, 2026, for all employees up to the senior manager level and 100.00 \u20ac for employees at the director level.\u00a0<\/li>\n
    • A one-time contribution of 210.00 \u20ac to the Professional Insurance Fund, effective September 1, 2026, for all employees with earnings up to 5,000.00 \u20ac.<\/li>\n
    • Piraeus Bank shares, valued at 200.00 \u20ac, to each employee with a level of responsibility below that of a director, effective November 1, 2026.<\/li>\n<\/ul>\n

      Substantial Increase in Family and Other Social Benefits<\/strong><\/p>\n

        \n
      • Allowance for families with three or more children:<\/strong> An increase of \u20ac50, effective September 1, 2026 \u2013 set at 150 \u20ac per child, until the completion of their studies and until the age of 25.<\/li>\n<\/ul>\n
          \n
        • Widow\u2019s\/Widower\u2019s Allowance:<\/strong> Increase of 30 \u20ac, effective July 1, 2027 \u2013 set at 100 \u20ac.<\/li>\n<\/ul>\n
            \n
          • Lump-sum grant for the birth of a third child or more:<\/strong> Increase of 3,000 \u20ac \u2013 now amounts to 5,000 \u20ac.<\/li>\n<\/ul>\n

            Provision on Artificial Intelligence<\/strong><\/p>\n

            Codification of the Special Collective Bargaining Agreement on Telework<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

            The relevant parties announced the signing of a new Collective Bargaining Agreement for employees of Piraeus Bank. With …<\/p>\n","protected":false},"author":1,"featured_media":12861,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[3],"tags":[],"class_list":["post-12860","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics"],"acf":[],"_links":{"self":[{"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/posts\/12860","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12860"}],"version-history":[{"count":0,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/posts\/12860\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/media\/12861"}],"wp:attachment":[{"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12860"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12860"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12860"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}