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Sunday, January 29, 2023
HomeEconomyA fortnight of payments until Christmas for benefits, pensions - New support...

A fortnight of payments until Christmas for benefits, pensions – New support package from energy providers’ revenues

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An emergency aid of 600 euros will also be given to the uniformed members of the Hellenic Army. and the Coast Guard

December is a month of extraordinary support of 250 euros to 2.3 million citizens – low-pensioners, uninsured seniors, beneficiaries of disability benefits, long-term unemployed, beneficiaries of minimum guaranteed income and beneficiaries of OPECA child benefit.

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At the same time, an emergency aid of 600 euros will also be given to the uniformed members of the Hellenic Army. and the Coast Guard.

In particular, the emergency aid will be given until December 20 and concerns:

  • To pensioners with a monthly income of up to 600 and 800 euros respectively.
  • In approximately 36,000 uninsured senior citizens of OPECA.
  • To approximately 174,000 beneficiaries of disability benefits.
  • In 100,000 long-term unemployed.
  • 225,000 beneficiaries of the minimum guaranteed income will be given a double installment.
  • 800,000 OPECA child benefit beneficiaries will be given an additional one and a half monthly installment. The amount of the aid amounts to 105 or 63 or 42 euros for each child for the first and second child, depending on the amount of income, and to 210 or 126 or 84 from the third and for each subsequent child. A corresponding extraordinary installment is paid to the other new beneficiaries of the 2022 allowance, after their application has been approved.
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The total fiscal cost, together with the corresponding one-off aid of April, exceeds 800 million euros.

Meanwhile, on the 21st of the month, the increased first installment of the heating allowance will be given. The total fiscal cost, both from the allowance and the heating oil subsidy, exceeds 500 million euros.

Finally, there will be a one-time boost to all uniformed members of the Hellenic Armed Forces and the Coast Guard. All staff will receive in December 600 euros per employee horizontally. The fiscal cost is estimated at 37 million euros.

At the same time, as noted by the economic staff, a new “cellar” of at least 600 million euros may exist in the first months of 2023, which will strengthen the battle against punctuality. This amount is expected to be collected from the taxation of the refineries’ surplus profits.

As to how this particular fund will be allocated, decisions have not yet been finalized, however, according to information, there are several scenarios. According to one of them, a new “accuracy check” is being considered, in addition to the “household basket”, mainly to strengthen the most vulnerable sections of the population.

Based on the other scenarios, there could be a monthly intervention (e.g. of 50 euros), or a quarterly-four-monthly intervention (of the order of 150-200 euros).

The range of beneficiaries is also under consideration, i.e. if the beneficiaries of Fuel Pass-2 will be covered, or if the number will be reduced to around 1 million more vulnerable households.

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