By Stelios Papapetros
Repercussions from the imposition of capital controls in late June 2015 were vividly apparent in the recent figures announced by Greece’s largest social security fund, IKA, which covers most of the private sector workforce.
Figures show that the average monthly salary in private sector businesses fell by 2.98 percent in June 2015, compared with the corresponding month in 2014. The decrease was 3.72 percent for workers in the construction sector.
The daily wage for an employee at mainstream businesses with a full-time workforce stood at 51.04 euros in June 2015, with the monthly average salary at 1,183.28 euros; part-time daily wage, on average, stood at 23.86 euros and 409.44 euros a month, respectively.
