Greece completes first 150-euro child benefit payment, future installments outlined

Greece has finalized the initial disbursement of a 150-euro financial boost for families, allocating over 219.7 million euros to nearly a million beneficiaries. The government confirmed that 947,609 citizens received the funds, which were credited directly to their bank accounts.

Future payments are planned, with a significant disbursement set for August 31, 2026, specifically for children born in 2025 and 2026. However, the process encountered issues for 33,351 individuals whose payments were blocked due to undeclared or incorrect IBAN information submitted to the Independent Authority for Public Revenue (AADE). These recipients will have an opportunity to rectify their details to be included in subsequent distributions.

The AADE noted that some parents might see a reduced amount or a delay in their payment. These discrepancies are attributed to the splitting of the benefit between parents, issues with child identification, or the inclusion of children born in 2025 and 2026, who will be part of the supplementary payment by the end of August 2026. The aid is automatically processed, requiring no application, and is based on data from tax declarations and AADE records.

Eligibility criteria include being a tax resident of Greece with dependent children declared on tax forms and meeting specific income thresholds. For married couples or civil partners, the income limit is 40,000 euros for the first child, increasing by 5,000 euros for each additional child. Single-parent families have a slightly lower threshold starting at 39,000 euros. The initial payment was based on 2024 tax declarations finalized by May 2026. The benefit is tax-exempt, cannot be seized, and does not affect eligibility for other social benefits.