Pensions in Greece set to increase for first time in 12 years in 2023

·

Deputy Labour and Social Affairs Minister, Panos Tsakloglou, has said in an interview with local media that 2023 will see the increase of pensions in Greece, the first of its kind in 12 years.

The minister noted in his interview that the Greek government has been supporting the income of pensioners in several ways.

Tsakloglou referred to the challenges he faced when he took over the department and said he focused on the emblematic reform in the architecture of the public social security system.

The minister says the introduction of capital supplementary insurance aims to “reduce the exposure of the social security system to the demographic aging of the population, to the increase of savings.”

“This will be invested significantly in the Greek economy, enhancing growth, providing disincentives for uninsured work and providing higher pensions to future generations.”

Source: Hellenic News

Cretan Convention - Web Banner

Advertisement

Share:

KEEP UP TO DATE WITH TGH

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

Advertisement

Latest News

Greece launches nationwide ‘smart bridges’ network to prevent collapses

More than 250 bridges across Greece are being transformed into “smart” structures as part of a major national project that uses IoT tech.

Temple of Aphaia on Aegina restored with new lighting and accessibility upgrades

The Temple of Aphaia on Aegina has undergone a €1.5 million restoration, breathing new life into one of Greece’s best-preserved monuments.

Thessaloniki’s White Tower recognised as a European film cultural treasure

Thessaloniki’s White Tower has been officially added to the European Film Academy’s prestigious list of Treasures of European Film Culture.

From Stalin statues to seaside resorts: Con Vaitsas’ return to Albania after three decades

Con Vaitsas reflects on Albania’s dramatic transformation, comparing his first visit in 1990 to the vibrant country he rediscovered in 2024.

Inherited property in Greece: Can you claim full ownership?

A simple guide explaining how usucaption works in Greece and when a co-owner can legally claim full ownership of shared property.

You May Also Like

AEGEAN is once again the “Best Regional Airline in Europe”

AEGEAN has been named the “Best Regional Airline in Europe” at the prestigious World Airline Awards 2024, for the 13th consecutive year.

Insight or Perspective: Tips for creating a bilingual home library

"Children need a story or a song or amazing artwork to capture their imagination," writes Eleni Elefterias.

Pan-Macedonian Association of NSW launch Dimitria Festival 2022

The official opening of the Dimitria Festival 2022 was held at Kogarah's Greek Orthodox Church in southern Sydney on Sunday, October 2.