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

Share:

KEEP UP TO DATE WITH TGH

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

Latest News

SoulChef Sundays: Flavours with soul – A Greek journey on your plate

As Chef Georgia Koutsoukou — the Kalamata-born chef known as “SoulChef” — continues her SoulChef Sundays series with The Greek Herald.

Teen injured in stabbing outside Vanilla Lounge in Oakleigh

Police are investigating a stabbing incident outside Vanilla Lounge in Oakleigh, Melbourne on the evening of Friday, April 17. Victoria Police confirmed to The Greek...

Sydney Greeks head to Adelaide’s Festival Hellenika with film and literary showcase

Festival Hellenika is one of the Greek world’s most important cultural festivals. Led by Dr Adoni Fotopoulos.

Lake Kremasta tourism innovator revives Greek alpine escape

Entrepreneur Panagiotis Makris is revitalizing Lake Kremasta tourism and boosting the rural economy of the “Switzerland” of Greece.

A century on, Cypriot and Australian wartime ties meet again in Lakemba

A century after fighting side by side, Cypriot and Australian histories reconnect in Lakemba as the Cyprus Community marks ANZAC Day.

You May Also Like

Syrian toddler has drowned after wondering from refugee camp

Greek authorities say a Syrian toddler has drowned at a beach in southern Greece after the boy wandered away from his parents and exited...

Georgia Politis’ Darwin DiverCity Series brings people together to celebrate multiculturalism

People gathered at Darwin Galleria in the NT on Friday to celebrate the opening of Georgia Politis' Darwin DiverCity Series exhibition.

South Australians enjoy tribute to Greek music legend Stelios Kazantzidis

Different generations in South Australia were brought together at a recent tribute concert to Stelios Kazantzidis by the band Tri Zorba.