Greek NEWS

1.4 billion euros in one off welfare handouts for Greeks

Published by
GCT Team

The Greek government has announced that it will distribute more than 1.4 billion euros in one-off welfare handouts this year.

Prime Minister Alexis Tsipras made the announcement Monday night in a televised address saying that the welfare gesture was made possible because of the country’s economic outperformance.

The hand-outs will be distributed to social groups eligible for the benefit, including the unemployed, the young and low income pensioners and it will depend on income, assets and family situations.

Out of the total amount, the 720 million euros will be distributed as an untaxed aid and the relevant bill will be tabled in Parliament in coming days. The benefit will be paid out to beneficiaries in December, the Prime Minister said.

Ads1

Ads1
GCT Team

This article was researched and written by a GCT team member.

Recent Posts

Christopher Nolan Takes on ‘The Odyssey’ with Star-Studded Cast

Christopher Nolan, with an all-star cast, is embarking on what may be the most ambitious…

29 minutes ago

Nikolaos de Grece and Chrysi Vardinoyannis to Wed on February 7

Nikolaos de Grece and Chrysi Vardinoyannis are set to marry on February 7, 2025, in…

2 hours ago

Earthquake Strikes Between Kythera and Crete

The earthquake, which occurred at 6:36 am, had an epicenter 87 km southwest of Kythera

2 hours ago

Ancient Lead Pollution in the Aegean Sea Began 5,200 Years Ago, Study Finds

New research suggests that human-caused lead pollution in the Aegean Sea began 5,200 years ago—1,200…

2 hours ago

Klavdia to Represent Greece at Eurovision 2025 with “Asteromata”

Following tonight’s Ethnikós Telikós 2025, Greece has officially chosen Klavdia, with her song "Asteromata," as…

2 hours ago

Happy Birthday Helena Paparizou, who turns 43 today

Xronia Polla Helena Paparizou, Happy 43rd Birthday!

2 hours ago