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

Advertisement

Share:

KEEP UP TO DATE WITH TGH

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

Advertisement

Latest News

Ange Kenos calls on the Greek community to donate blood and save lives

Melbourne donor Ange Kenos, 68, is calling for the Greek community to consider donating as it might save someone’s life.

‘The Aegean’ film in the mix for the 2025 AACTA Awards

The Australian independent film The Aegean is making waves in the 2025 AACTA Awards, securing nominations in major categories.

Labor’s Helen Politis elected Deputy Mayor of Merri-bek City Council

Labor's Helen Politis has been elected as Deputy Mayor of Merri-bek, marking a significant step for the seasoned community advocate.

Mario Christodoulou to executive produce ABC’s Media Watch

Award-winning investigative reporter Mario Christodoulou will become executive producer on the ABC's Media Watch program.

Socialist PASOK becomes Greece’s main opposition party as SYRIZA collapses

Left-wing Syriza party has lost its position as Greece's main opposition group after a wave of defections on Thursday, November 21.

You May Also Like

Exploring the Greek language diaspora: The journey of Eva Boleti

Up-and-coming figure in the study and teaching of the Greek language in Australia, Eva Boleti, shares her journey through immigrant letters.

Results released for the Certificate of Attainment in Greek exam

The Greek Community of Melbourne (GCM) has announced that the first Certificate of Attainment in Greek Examination had successful results.

Greece signs deal to provide Saudi Arabia with Patriot air defence system

Greece and Saudi Arabia have signed a deal to lend a Patriot air defence system to the Arab country to protect critical energy facilities.