Pension increase in 2023 will be much higher than initial estimates

"The increase in pensions in 2023 is granted and will be much higher than initial estimates," Finance Minister Christos Staikouras said on Tuesday, adding that the amount has been included in the budget.

Speaking to MEGA TV, the minister said that "we will have a supplementary budget for credits to households and businesses as a result of the fiscal space created."

He added that all additional measures have been quantified, but which ones will be implemented will depend on the discussion with the prime minister and the priorities that will be set.

He pointed out that the draft of the new budget, which will be submitted to parliament in the first week of October, will include all the interventions for 2022 and 2023 (e.g. abolition of solidarity contribution for civil servants and pensioners, heating allowance).

He also announced that "it is absolutely certain that there will be interventions before Christmas."

Moreover, the finance minister said that the status of enhanced surveillance will be lifted on August 20, as he has already received a relevant letter from the two responsible EU commissioners.

READ MORE: Bill Papas’ company IUGIS HELLAS PC liquidated; his son seen training with Xanthi FC.

Ads1

Ads1
Athens Bureau

Recent Posts

Kimberly Guilfoyle Honored by Greek American Leaders

Kimberly Guilfoyle, the U.S. Ambassador to Greece-designate, was honored at an event in Washington, D.C.,…

3 hours ago

BREAKING NEWS: Trump Allegedly Signs Order to Declassify Files on JFK, RFK, and MLK

In a stunning revelation, former President Donald Trump has reportedly signed an order to declassify…

3 hours ago

U.S. Air Force Eyes Cyprus Airbase for Middle East Humanitarian Operations

The U.S. Air Force is assessing upgrades to Cyprus’ Andreas Papandreou Air Base to enhance…

5 hours ago

Greece to Enhance Strategic Military Capabilities with New Submarine Acquisition

Greece plans to acquire two submarines equipped with ballistic missiles, marking a major shift in…

6 hours ago

Mikel Coffee Gears Up for India Launch with Greko India Partnership

Greek coffee chain Mikel Coffee is set to enter the Indian market by partnering with…

6 hours ago

Roxana, the exotic Bactrian wife of Alexander the Great

Roxana, Alexander the Great's wife, was a significant figure in ancient history. She was born…

7 hours ago