Greece Rolls Out 150 Euro Extraordinary Child Benefit in Two Payment Phases

Greece is rolling out an extraordinary child benefit of 150 euros per child, a measure set to assist around 975,000 households. The financial support will be automatically credited to beneficiaries' accounts, eliminating the need for a formal application process.

The distribution of the benefit is divided into two distinct phases. The first phase concludes by Tuesday, June 30, 2026, and includes automatic payments to eligible recipients who have declared their children in their 2024 tax returns. A crucial condition for this phase is the correct registration of the beneficiary's IBAN in the Taxisnet system.

The second phase is scheduled to conclude by August 31, 2026, and is designated for newborns. This includes children born between January 1, 2025, and July 31, 2026. For children born in 2025, their inclusion in the 2025 income tax return is necessary. For those born up to July 31, 2026, a Tax Identification Number (AFM) must have been requested by August 10, 2026.

The benefit amounts to 150 euros for each child, with no maximum limit. For instance, a large family with eight children would receive a total of 1,200 euros. Eligibility is determined by family status and income. For a single parent with one child, the income threshold is 39,000 euros. For married couples with one child, the limit increases to 40,000 euros. For single parents with two children, the income criteria are 44,000 euros, resulting in a 300 euro benefit, while married couples with two children have an income limit of 45,000 euros for the same benefit amount.

Beneficiaries are urged to verify their IBAN details in Taxisnet for accurate payment processing. The June payment will rely exclusively on data from the 2024 tax year.