Seven 7 initiatives for financial support, by the government that concern families, workers, professionals, retirees, and debtors.
These measures are included in the omnibus bill of the Ministry of National Economy and Finance, which is already being debated in Parliament and is expected to take effect immediately after it is passed.
These are measures that were announced last March, following Eurostat’s confirmation of the country’s budget surplus for 2025.
“The economic team’s policy remains, strategically, to distribute the surplus fairly. A surplus that is not based, as the opposition claims, on taxes—much less indirect taxes—but on growth, stimulating investment, and, of course, combating tax evasion. And of course, this is not about pre-election handouts, as we are unwaveringly setting an electoral timeline extending to the spring of 2027. Our pro-people policies are independent of the political landscape. We have proven this, after all, as last year we provided support to many social groups even when there was no prospect of an election. “We are full-time advocates for the people, not part-time,” says the Deputy Minister of National Economy and Finance, Dimitris Markopoulos.
The 150 euros per child will be paid by the end of June
The first measure concerns emergency financial assistance for families with children, which is expected to be paid by June 30.
The amount is 150 euros per child, while the income criteria are set at 40,000 euros for couples and at 39,000 euros for single-parent families, with an additional 5,000 euros for each additional child.
The payment will be automatically deposited into the bank accounts registered with the Independent Authority for Public Revenue (AADE), with no application required.
There is also a special provision for children born by July 31, 2026. In these cases, parents must apply for a Tax Identification Number (AFM) by August 10 in order to receive the amount to which they are entitled.
The benefit remains tax-free, exempt from seizure, and not counted toward income criteria for other benefits.
Measures taking effect in July
1. Wage Differential Equalization Allowance
As of July 1, an allowance of 300 euros per month will take effect for civil servants who receive a personal salary differential.
Essentially, this amount will be offset against the personal allowance currently being paid. For example, an employee with a personal allowance of 200 euros will have it reduced to zero and will see a 100-euro increase in their salary.
2. Increase in the exempt account limit
With the publication of the law, the exemption limit from 1,250 euros to 1,600 euros.
The change applies to debts owed to the government as well as to private entities, such as banks and suppliers. The protection applies to a declared exempt account.
3. Option to Lift Seizures
A new procedure will take effect in July for those whose bank accounts have been frozen due to tax debts.
Debtors will be able to request the release of their accounts provided they pay 25% of the debt and arrange a payment plan for the remaining amount.
4. New payment plan of up to 72 installments for debts to the AADE
A new option is now available to settle old tax debts in up to 72 monthly installments.
This arrangement applies to debts incurred before 2024 that were not subject to an active payment plan as of April 21, 2026.
Applications must be submitted via the myAADE by December 31, 2026.
5. Up to 72 installments for debts owed to social security funds
A similar procedure applies to debts owed to EFKA and KEAO.
The settlement covers debts up to December 31, 2023, provided that there was no active settlement plan in place as of April 21, 2026.
6. Launch of the out-of-court settlement process for smaller debts
At the end of July, access to the out-of-court debt settlement mechanism will be expanded.
The minimum debt threshold is being lowered from 10,000 euros to 5,000 euros, enabling more debtors to seek debt restructuring, settlement agreements, and debt “haircuts.”
New wave of benefits starting in September
The economic team is planning a second package of measures after the summer.
Among other things, measures are planned for protection of primary residences, subsidies for two months’ rent for teachers, doctors, and nurses serving in the regions, as well as an increase in annual financial assistance to retirees and vulnerable citizens from 250 to 300 euros.
“The message we are sending as a government to society, just a few months before the Thessaloniki International Trade Fair, is clear. A message of support for a range of social groups. A message that clearly reflects our intention to provide assistance to retirees, families, and children, while simultaneously focusing on resolving housing issues and taking action for those seeking relief from their private debts,” emphasizes Dimitris Markopoulos.
