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

From Dark Athens to Dark Salonica: Arthur Antonopoulos explores the city beneath

Following Dark Athens, Antonopoulos’ latest work shifts north, into a city he describes as carrying a distinctly haunting energy.

From yiayia’s garden to Australian bookshelves: Anthony Savas and Elias Anargyros launch Australia’s first plantable children’s books

Two long-time friends are putting Adelaide on the map with a national first: plantable children’s books with characters that grow into real vegetables.

Greece ranks among top solo travel destinations for 2026

Solo travel is no longer a niche choice but a defining trend in global tourism, and Greece has earned a spot in the world’s top destinations.

New safety net for housing: A path to stability for vulnerable borrowers in Greece

A new mechanism is set to offer a lifeline to thousands of households who risk losing-or have already lost-their primary residence.

The beginning of the Triodion: A journey toward Lent

The Triodion marks the beginning of a significant spiritual and cultural period in the Orthodox Church, officially starting on February 1.

You May Also Like

Queen’s Birthday Honours 2022: Here are all the Greek Australians who made the list

At least 20 prominent Greek Australians have been recognised today in the Queen’s Birthday Honours List for 2022.

Suzane Peponis-Brisimis: Leading philanthropist shining a spotlight on brain cancer research

Suzane Peponis-Brisimis tells The Greek Herald how her mother's passing from brain cancer encouraged her to launch the White Pearl Foundation.

Mary Coustas breaks comedy mould with first non-comedy role in over a decade

Mary Coustas, known for her comedic roles, is stepping outside her usual genre with her first serious role in 13 years.