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social dividend

Government to Pay "Social Dividend" Christmas Bonus by Dec 14

Online applications for the "social dividend", or Christmas bonus, will be available next week for recipients on a special online platform set up by the government. The distribution of the bonus totaling 1.3 to 1.4 billion euros, will take place...

Greece Presents First Post-Bailout Budget; Awaits EU Approval

The Greek government on Wednesday tabled the first budget drawn up since the country exited the bailout era last August. The 2019 budget projects a GDP surplus of 3.6 percent, against a target of 3.5 percent, and a growth rate...

2017: The Year More Greeks Lost their Dignity

One of the (vague) election pledges of Alexis Tsipras was that his administration would restore the lost dignity of Greeks. That was also one of his slogans when he was negotiating with creditors before he brought back more of...

One in Ten Recipients of Social Dividend in Greece are Foreigners

Data from the finance ministry show that foreign residents of dozens of different nationalities receive the social dividend in Greece, with one in ten recipients being non-Greek. Specifically, 97,000 recipients are of Albanian, Bulgarian and Romanian nationalities; 9,700 recipients are from India,...

Greek Parliament Approves Bill on Social Dividend, Aid to Flood Victims

The Greek parliament approved with a large majority on Monday a government draft bill on the financial aid the government will distribute to low-income earners and pensioners in December. The bill was approved by all the parties except Golden Dawn. Despite...

Class-oriented Policies and Shameless Populism in the Greek Spin

The recent government decision to use its primary budget surplus in order to distribute a “social dividend” comes with yet another class-oriented policy spin. In the three years it has been in power, the SYRIZA-led government has a string...

Greek FinMin: Family of 4 with €12,000-18,000 Income is Middle Class

Greece's Finance Minister Euclid Tsakalotos on Wednesday said that a family of four with an annual income of 12,000-18,000 euros is middle class, and they qualify for a social dividend of 500 euros. Speaking in parliament, Tsakalotos said that the...

Greek Gov't Cuts Down on Public Investments to Pay Social Dividend

The Greek government has frozen the Public Investments Program in order to pay the social dividend worth 1.4 billion euros promised by Prime Minister Alexis Tsipras, a Kathimerini newspaper report says. Based on figures for the January-October period provided by...

Greek Government to Distribute €1 Billion to Poorer Citizens

The Greek government announced its plans to offer aid worth 1 billion euros to poor Greeks who have suffered during the seven-year debt crisis, after beating its budget targets this year. "The surplus out-performance which will be distributed to social...

Free Laptops to People Receiving Social Dividend

A new social program called “Digital Solidarity Cheque” will allow free internet access to people receiving the social dividend, as well as a laptop or tablet, to help them learn computer skills. The program will be officially announced in November and aims to reduce...