Draft law on 2,000 euro benefit for every child born in Greece passes in parliament

30 January 2020
478 Views

The parliament plenary voted for the draft law awarding a one-off benefit of 2,000 euros for every child born in Greece as of January 1, 2020.

According to the government, this handout is expected to create an incentive for future parents by providing important support during the first years of raising a child. The benefit will be paid in two equal installments. Those entitled must have a family income that does not exceed 40,000 euros annually and, with respect to third-country nationals (non-EU), a 12-year stay in the country is required.

It is noted that the birth allowance does not fall into any category of income, is exempt from any tax, fee or levy in favour of the State or any third party and cannot be confiscated or offset against certified debts.

For the birth allowance, the expenditure for 2020 is expected to reach 123 million euros and for each subsequent year it will be around 170 million euros.

You may be interested

Coronavirus Greece: 2,845 new cases, 165 intubated, 12 deaths
GREECE
shares38 views
GREECE
shares38 views

Coronavirus Greece: 2,845 new cases, 165 intubated, 12 deaths

makis - Jul 30, 2021

Greek authorities announced that the new laboratory-confirmed cases of coronavirus recorded in the last 24 hours are 2,845, of which…

Coronavirus Greece: 2,696 new cases, 157 intubated, 9 deaths
GREECE
shares43 views
GREECE
shares43 views

Coronavirus Greece: 2,696 new cases, 157 intubated, 9 deaths

makis - Jul 29, 2021

Greek authorities announced today that the new laboratory-confirmed cases of coronavirus recorded in the last 24 hours are 2,696, of…

Greek real estate market still strong despite Covid-19 pandemic, report shows
FINANCE
shares47 views
FINANCE
shares47 views

Greek real estate market still strong despite Covid-19 pandemic, report shows

Panos - Jul 29, 2021

The Greek real estate market is demonstrating resilience in 2020 despite the fact that the pandemic had an overall negative impact on the…

Leave a Comment

Your email address will not be published.