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

Former Chania MP and Eleftherios Venizelos heir dies at 102

Former MP for Chania Eleftherios Venizelos, the last surviving grandson of statesman Eleftherios Venizelos, has died at the age of 102.

Greek Air Force colonel jailed pending trial over China spy claims

A 54-year-old Hellenic Air Force colonel has been remanded in custody and charged with selling classified military information to China following an eight-and-a-half-hour interrogation...

Cyprus Community of NSW supports the Steve Waugh Foundation

The Cyprus Community of NSW has announced its support for the work of the Steve Waugh Foundation at a supper club fundraiser.

Greek Festival of Sydney returns in 2026 with season of culture and conversation

The Greek Festival of Sydney is back with a stacked program for 2026, bringing you the best in Greek arts, ideas and celebrations.

Sydney hosts world’s first celebration of International Greek Language Day

Sydney made global history on Monday, February 9, becoming the first city in the world to officially celebrate World Greek Language Day.

You May Also Like

New Thessaloniki museum to showcase treasures from metro excavations

A new museum in Thessaloniki in Greece will host part of the 300,000 artefacts discovered during the excavation of the city's metro.

Kyrgios puts faith in De Minaur after being asked about matchup with Rafael Nadal

With their next match being against Spain, Alex De Minaur will face World No. 1 Rafael Nadal in the singles match, while Nick Kyrgios will face Roberto Bautista Agut.

Volunteers from St George Greek Orthodox Church in Rose Bay gather to cook for the homeless

Volunteers from the St George Church in Rose Bay will gather at The Big Kitchen in Bondi for the annual Cooking for the Homeless day.