Economy

10% subsidy on food purchases – How the measure will work – Detailed examples

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Brief description of the aid measure to cover 10% of household expenses in supermarkets and other food stores – Beneficiaries

For one semester, the aid measure for coverage will work in practice 10% on household expenses in supermarkets and other food stores announced in Parliament by Prime Minister Kyriakos Mitsotakis during the debate on the budget.

Potential beneficiaries include about 3.2 million households (out of 4.1 million households) with approximately 8.5 million members. The total cost for the six months is estimated at 650 million euros.

How the Food pass will work

From February 2023 and for six months (until July 2023) a 10% subsidy is given on the purchases of households that meet the inclusion criteria, in supermarkets and other businesses active in the retail food trade (bakeries, minimarkets, fruit shops, butchers, fish shops, dairy shops, etc.). The aid amounts to 10% of the amount of purchases of all kinds of items from stores active in the food retail trade and up to the following limits which are formed according to the composition of the household.

The monthly limit of purchases per household on which it receives the 10% aid amounts to 220 euros for a single-member household, increasing by 100 euros for each additional member of the household and up to 1000 euros of purchases.

Monthly purchase limit and aid amount, examples:

  • Single-member household: 220 euros monthly purchases, 22 euros monthly aid
  • Couple without children: 320 euros monthly purchases, 32 euros monthly aid
  • Single-parent family with one dependent child: 320 euros monthly purchases, 32 euros monthly aid
  • Single-parent family with two dependent children: 420 euros monthly purchases, 42 euros monthly support
  • Couple with a dependent child: 420 euros monthly purchases, 42 euros monthly aid
  • Couple with two dependent children: 520 euros monthly purchases, 52 euros monthly aid
  • Couple with three dependent children: 620 euros monthly purchases, 62 euros monthly support
  • Couple with four dependent children: 720 euros monthly purchases, 72 euros monthly support

Based on the above, the support for the six months amounts to 312 euros for a family with two children, 192 euros for a couple, while a large family with four children receives 432 euros.

Above amounts are credited monthly to a digital debit card that can only be used in food retail stores.
In the event that the beneficiary chooses to deposit into a bank account, the amounts are paid quarterly and the amount of the aid amounts to 80% of the above amounts.

Beneficiaries are households where their annual total family income is up to 16,000 euros for a single-member household and 24,000 euros for married couples or parties to a cohabitation agreement, which is increased by 5,000 euros for each child or guest member of the household. The asset limit amounts to 250,000 euros for a single-member household and 400,000 euros for married or cohabiting couples and single-parent families.

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