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

Cyprus Community of NSW dancers prepare to shine at Food and Wine Festival

The Cyprus Community of NSW Dance School will take centre stage as the headline cultural attraction at the Cyprus Food and Wine Festival.

From Print to Pixel: The Greek Herald in the Digital Age

Social media, video journalism and digital publishing now sit beside the physical newspaper at The Greek Herald.

Cultural Infusion CEO Peter Mousaferiadis responds to Pauline Hanson’s recent address

Peter Mousaferiadis has urged Australia to address housing and cost-of-living pressures without blaming migrants.

St George Saints men show fighting spirit despite tough Central Coast challenge

The St George Men's basketball team may have come away without the result they were chasing, but they earned plenty of respect.

Greek Centre seminar to uncover story behind the Haidari 200 photographs

The seminar will examine the recently discovered photographs documenting the final moments of the Haidari 200.

You May Also Like

Naked Santorini: New film documents the island without tourists

Tony Kariotis, a New York City-based digital content creator, shot his new film 'Naked Santorini' to capture its beauty without tourists.

Exclusive sold-out premiere of ‘Stelios’ shines at Melbourne’s Astor Theatre

The biopic 'Stelios' premiered exclusively on Wednesday night at the Astor Theatre, with the screening completely sold out.

Cyprus Community of NSW voices concern as Middle East tensions place island on the frontline

The Cyprus Community of New South Wales has expressed deep concern following escalating tensions in the Eastern Mediterranean.