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.

Share:

KEEP UP TO DATE WITH TGH

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

Latest News

Epiphany Blessing of the Waters and Greek Festival at Carss Park cancelled

The Blessing of the Waters and Epiphany Greek Festival scheduled to take place today at Carss Bush Park has been cancelled.

What happens to a lease in Greece when a landlord dies?

When a landlord passes away, their rights and obligations do not disappear. Instead, they are transferred to their heirs.

Australian and US Greeks drive international demand for The Ellinikon

Residential developments at The Ellinikon continue to attract strong international interest, with buyers coming from more than 110 countries.

Greek school opens in Tanzania, reviving language and culture

The newly established Greek school of the Greek community in Dar es Salaam, Tanzania, began operating this year.

Shoulder season travel to Europe gains ground among Australians

The annual stream of European summer holiday photos now seems to stretch well beyond the traditional peak.

You May Also Like

Adam Flaskas to transform Sydney’s Manly Wharf after recent purchase

Sydney's Manly Wharf is set for a makeover after it was bought for $80 million by Brisbane-based developers Adam Flaskas and Paul Henry.

Greece, Cyprus and Israel to invite India to Trilateral Summit 2024

Kyriakos Mitsotakis spoke about the potential to extend the trilateral Greece-Cyprus-Israel cooperation to India at the 9th Trilateral Summit.

Public consultation begins on landmark draft bill for postal voting

Public consultation has commenced on a much-anticipated draft bill that will allow Greek citizens to participate in mail-in voting.