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

Youth take centre stage at Synapantema 2026 Annual Dinner Dance in Sydney

More than 700 guests from across Australia and overseas gathered in Sydney for the flagship Annual Dinner Dance of Synapantema 2026.

Liberty Medal launched in Sydney as Cyprus Community of NSW honours EOKA legacy

The Cyprus Community of New South Wales launched its inaugural Liberty Medal, recognising EOKA fighters in Australia.

Hellsoc UNSW Ball celebrates Greek culture, scholarships and community spirit

The Hellenic Society at the UNSW, in conjunction with the Foundation for Hellenic Studies, proudly hosted its Annual Hellsoc Ball.

Greek and Jewish leaders call for unity after Australian Hellenic Choir controversy

Greek and Jewish community leaders have called for unity and dialogue following the cancellation of the proposed Hope and Unity concert.

Faith and suffering explored at first-ever SOFIA UTS forum 

More than 100 people gathered at the University of Technology Sydney for the first-ever forum hosted by the SOFIA.

You May Also Like

Hundreds attend the Orthodox Youth Conference in Sydney

Around 400 Orthodox young attendees from NSW flocked to Saint Euphemia Greek Orthodox church in Bankstown, Sydney.

Greek Community of Melbourne honours volunteers at Appreciation Ceremony

Greek Community of Melbourne hosted inaugural Appreciation Ceremony to recognise the contributions of exemplary volunteers.

Greek Orthodox Community of SA marks March 25 with memorial and festivities

The Greek Orthodox Community of South Australia commemorated Greek Independence Day with a church service and festivities.