Greece to raise pensions for the first time in 12 years from 2023

·

Greece’s Prime Minister, Kyriakos Mitsotakis, confirmed on Wednesday that pensions would be increased in the country for the first time in 12 years from 2023.

Pensions were frozen for more than a decade as part of stringent fiscal rules imposed by Greece’s creditors during its debt crisis.

Speaking during a debate in Greek Parliament, Mitsotakis also reiterated his plan to terminate a so-called solidarity tax surcharge on incomes as of 2023.

“It is a double resounding signal that the country’s growth must benefit everyone without putting fiscal balance and the Greek economy’s competitiveness at risk,” the Greek PM told lawmakers.

Greece’s Deputy Labour and Social Affairs Minister, Panos Tsakloglou, had first confirmed pension increases would be introduced in an interview in May this year.

‘Today’s Greece is a different Greece’:

During his address, Mitsotakis also presented his government’s work on social issues and said his top priority was a speedy recovery of the national economy, with lots of investments leading to better wages and many new jobs.

“Today’s Greece is a different Greece. It is one of the countries with the most dynamic growth and the highest reduction of unemployment in Europe,” he said.

“It is of the top countries in the OECD in terms of tax reduction and has paid off its debt to the IMF two years earlier, while in August it will break free of enhanced surveillance while aiming to regain its investment grade.

“This is a national success, even more so because all the things I spoke of were neither self-evident nor easy, nor were they achieved under normal conditions.”

In response, main opposition SYRIZA-Progressive Alliance leader, Alexis Tsipras, said Mitsotakis’ speech was filled with “so many, many lies” and that the Prime Minister had attempted to present himself as “supposedly pro-labor.”

“You spoke of crucial issues of the social policy but you forgot to mention five [things]: high prices, inflation, fuel, pandemic and conspiracy,” Tsipras said.

He described Mitsotakis’ speech as “a case study” for political scientists on “how someone turn black into white and how to say so many, many lies,” while adding that “it is the reality that is refuting you, not us.”

Source: Ekathimerini and AMNA.gr.

Advertisement

Share:

KEEP UP TO DATE WITH TGH

By subscribing you accept our Terms of Service and Privacy Policy.

Advertisement

Latest News

Pope Francis dies aged 88 after 12 years leading the Catholic Church

Pope Francis has died aged 88. His papacy was marked by reform, humility, and efforts to modernise the Catholic Church.

Thousands join Archbishop Makarios of Australia for Resurrection Service in Sydney

Archbishop Makarios led the Holy Saturday Service in Kogarah, Sydney, with thousands of faithful attending the Easter celebration.

Greek Defence Minister Dendias visits Panagia Inousson for Easter

Defence Minister Dendias visits Panagia Inousson for Easter, highlighting Greece’s commitment to border security.

Kyriakos Mitsotakis reflects on faith and resilience in Easter message

Kyriakos Mitsotakis shares his 2025 Easter message, reflecting on global challenges and the enduring hope of the Resurrection.

Archbishop Makarios of Australia issues Easter Message for 2025

Archbishop Makarios of Australia has released his 2025 Easter message, reflecting on the impact of loneliness.

You May Also Like

‘People are scared’: Ukraine’s Greek communities in agony as war rages on

'People are scared’: Ukraine’s Greek communities speak with The Greek Herald and share their agony as war rages on.

George Tambassis to step down as National Pharmacy Guild President after seven years

After seven years as National President of the Pharmacy Guild of Australia, George Tambassis will be stepping down from his role at the end of this term to "encourage others to lead the organisation".

Mark Bouris says Australia heading towards recession after recent interest rate rise

Mark Bouris has slammed the Reserve Bank of Australia’s (RBA) latest interest rate rise, saying the country is heading towards a recession.