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Greece Considers New Pensioner Measures, Boosts November Allowance
๐Ÿ‡ฌ๐Ÿ‡ท Greece /Economy & Trade

Greece Considers New Pensioner Measures, Boosts November Allowance

From Ta Nea · () Greek

Translated from Greek, summarized and contextualized by DistantNews.

At a glance

News Sources not specified New plan
  • Greece's Finance Ministry spokesperson indicated potential new measures for pensioners at the Thessaloniki International Fair.
  • The annual November allowance for pensioners will increase from 250 to 300 euros, with more recipients eligible.
  • Any decision on restoring a 13th pension payment must ensure fiscal balance, according to the ministry.

Greece's Ministry of Finance has not ruled out introducing new measures to support pensioners, potentially at the upcoming Thessaloniki International Fair. Omilos Tsapalos, the ministry's press spokesperson, suggested that, similar to previous years, pensioners could benefit from interventions announced at the major trade event.

Tsapalos also addressed the possibility of reinstating a 13th pension payment. While the government is not fundamentally opposed to the idea, he stressed that any such decision must safeguard the country's fiscal stability. This cautious approach highlights the government's balancing act between providing financial relief to retirees and maintaining economic equilibrium.

The government is not negative in principle regarding the return of the 13th pension, but any decision must ensure fiscal balance.

โ€” Omilos TsapalosSpeaking about the potential reintroduction of a 13th pension payment.

Furthermore, the spokesperson announced an increase in the annual allowance disbursed to pensioners every November. The payment will rise from 250 euros to 300 euros, and the number of eligible recipients will also expand. This adjustment aims to provide greater financial assistance to a broader segment of the pensioner population.

From this year, the amount increases from 250 to 300 euros, while the number of beneficiaries also expands.

โ€” Omilos TsapalosAnnouncing the increase in the annual November allowance for pensioners.
DistantNews Editorial

Originally published by Ta Nea in Greek. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.