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Greece to disburse over €1.19 billion in payments June 29-July 3

Greece to disburse over €1.19 billion in payments June 29-July 3

From Ta Nea · () Greek

Translated from Greek, summarized and contextualized by DistantNews.

At a glance

News Documents & data New plan
  • Greece will disburse over €1.19 billion to more than 1.74 million beneficiaries between June 29 and July 3.
  • Payments include July pensions, advance pension payments, and special allowances from e-EFKA.
  • The Public Employment Service (DYPA) will also distribute €53 million for unemployment and maternity benefits, and employment programs.

Greece is set to disburse a substantial €1,191,311,337.31 to 1,740,042 beneficiaries between June 29 and July 3. These payments are part of scheduled disbursements from the e-National Social Security Fund (e-EFKA) and the Public Employment Service (DYPA).

The e-EFKA will handle the majority of the payments. On June 29, it will issue €1,120,191,337.31 for July pensions, both main and supplementary. Further payments include €2.8 million for advance pension payments under Law 4778/2021 on June 30, and €320,000 for special allowances on July 3. Additionally, €15 million will be paid to 800 beneficiaries for lump-sum payments throughout the period.

The DYPA will also contribute to the disbursement, allocating €22 million to 36,000 beneficiaries for unemployment and other benefits. Another €13 million is designated for 19,000 mothers receiving subsidized maternity leave, and €18 million will support 17,000 participants in subsidized employment programs.

These scheduled payments aim to provide financial support to a large segment of the Greek population, covering pensions, unemployment benefits, and other social welfare programs. The disbursements underscore the government's ongoing efforts to manage social security and employment initiatives.

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.