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

Debate grows over Archbishop Makarios’ comments on Greek language in Orthodox liturgy

A debate has emerged within the Orthodox community in Australia after Archbishop Makarios reaffirmed the importance of Greek in liturgy.

Bridging borders: John Tripidakis on protecting Greek assets from abroad

For many Australians with ties to Greece, managing legal matters across borders can feel complex, confusing, and at times overwhelming.

Dimitra Skalkos on Ouzo Talk: The reality of running The Greek Herald at 100

As The Greek Herald enters its 100th year, the milestone marks a century of continuous publication serving the Greek Australian community.

Open letter urges constructive path forward for Macquarie Greek Studies Foundation

In an open letter, Leon Bombotas reflects on the future of the Macquarie Greek Studies Foundation following its entry into voluntary admin.

‘Untamed Voices’ sells out, delivering a powerful tribute to rebetiko and female expression

The 44th Greek Festival of Sydney proudly presented Untamed Voices on Sunday, April 19, 2026, at the iconic Factory Theatre.

You May Also Like

Greek American, George Tsunis, confirmed as new US Ambassador to Greece

Greek American businessman, George Tsunis, has been officially confirmed by the United States Senate as the next US Ambassador to Greece.

Stefanos Tsitsipas storms into next round of Mexican Open

Stefanos Tsitsipas has taken out Russian, Roman Shafiulin in his premiere at the Mexican Open in Acapulco in straight sets.

NSW fast-tracks freedoms for fully vaccinated people

Freedoms for fully vaccinated NSW residents have been brought forward from the original December 1 date to next Monday, November 8.