Greece is set to trial a revamped unemployment benefit system in early 2025. The innovative "three-part" structure, designed to incentivise workforce re-entry and ensure fairness, adjusts payments based on social insurance contributions and previous wages. No recipient will receive less than under the current system, with full implementation dependent on pilot results.
Tag: Ministry of National Economy and Finance
Deputy Minister for Climate Crisis and Civil Protection, Christos Triantopoulos, announced in Parliament that €365 million has been distributed to flood victims in Greece over the past 18 months. The funds have supported over 65,000 individuals affected by the severe storms of 2023. Triantopoulos also emphasised the need for continued financial backing and staff extensions to ensure the efficiency of ongoing relief efforts as the country recovers from the disaster.
Over €12.8 million in disaster relief has been distributed to businesses in Thessaly and Evros impacted by severe floods and wildfires in 2023. The aid, processed through the "myBusinessSupport" platform, supports 1,313 businesses as part of a government effort led by the Ministry of Climate Crisis and Civil Protection and other agencies. The majority of funds were directed to flood-hit Thessaly, while relief in Evros focused on tourism businesses affected by wildfires.
Beginning October 30, taxi drivers who fail to display a mandatory sticker indicating acceptance of card payments and receipt issuance will be subject to a fine of 1,000 euros. This decision comes after the Panhellenic Taxi Federation's rejection of the stickers, citing safety concerns. Consequently, authorities have provided a five-week window for compliance. The Federation has accused the ministry of coercion and awaits the official decision to chart its course of action.
A recent analysis shows 60% of Greek bar and hair salon owners are reporting financial losses, with average monthly incomes of €1,154 and €358, respectively. In contrast, plumbers, dentists, and taxi drivers reported better financial results, with higher profit rates. The new presumed income taxation system aims to address these financial discrepancies among freelancers.
On Monday, the Ministry of National Economy and Finance detailed new economic measures following the Prime Minister’s announcement at the Thessaloniki International Fair. The plan includes 12 wage increases and 12 tax reductions, with a total financial impact of €1.45 billion. Minister Kostis Hatzidakis also introduced a supplementary budget to enhance investment funding.
In a commitment to safeguarding its natural beauty, Greece has added 40 new locations to its "Untrodden Beaches" list, bringing the total to 238. These pristine coastal areas, known as 'Apatites Paralies' in Greek, are now under strict protection, prohibiting any commercial activities that could harm their delicate ecosystems.