Government unveils details of ambitious minimum guaranteed income benefit
The Deputy Minister of Labor Vasilis Kegeroglou has unveiled details of the coalition government’s ambitious minimum…
The Deputy Minister of Labor Vasilis Kegeroglou has unveiled details of the coalition government’s ambitious minimum guaranteed income, which will be made available for over 700,000 households.
Those who qualify for the benefit will receive 200 euros each month (300 euros for couples), with beneficiaries receiving an additional 50 euros for each child. The government will also take into consideration the assets and financial status of applicants before paying the benefit out.
In the pilot phase of the program the benefit will be made available in 15 municipalities across Greece who will be selected in a draw. The program will enter its second phase in the first trimester of 2015 and everyone will be able to apply for the benefit.
The cost of the benefit has been estimated to be about 800 to 900 million euros.