What changed
2026-07-26 02:08 UTC → 2026-07-26 17:45 UTC ·
added
removed
Greece expands reforms, benefits, and reforms: pensions, child aid, ENFIA, debt relief
Following the launch of AADE’s digital portal The extrajudicial debt‑relief platform opened on 27 July, July 2026, lowering the debt‑adjustment platform lowered its entry threshold minimum eligible debt from €10,000 to €5,000, adding roughly 300,000 borrowers €5,000 and extending access to the scheme that now covers taxes, an estimated one million additional borrowers, including taxpayers, social‑security contributions, municipal charges, contributors, banks and debt‑servicing firms. The parallel 72‑installment plan asset‑servicers. Debts can be spread over up to 240 monthly installments for pre‑31 Dec 2023 debts continues at 5.84 tax and EFKA claims or up to 420 installments for bank and servicer claims, with a fixed 3 % interest. interest rate and a €50 minimum monthly payment. Pension payments remain on schedule. Between 27 and 31 July, benefit disbursements for July 2026 proceeded as announced: e‑EFKA will disburse €2.49 transferred €2.492 bn to 4.33 million retirees, recipients between 27 and 31 July, with €1.32 €1.322 bn paid on 28 July to salary‑based non‑salaried pensioners and €1.11 €1.114 bn on 30 July to non‑salary beneficiaries. salaried recipients. The Public Employment Service will allocate (DYPA) paid €16 m for in unemployment aid, benefits, €1 m for maternity leave, €20 m for employment programmes employment‑programme subsidies and €0.7 m for contributions to public‑interest schemes. A second contributions. The one‑off child‑allowance of €150 per child will be automatically transferred to families whose emergency child‑allowance for children were born between 1 Jan 2025 and 31 Jul 2026; the payments are 2026 continues to be completed by 31 Aug 2026, covering households missed in the first round. At the Thessaloniki International Fair the government unveiled a stimulus package of €1‑2 bn aimed at self‑employed professionals and SMEs, including tax‑base adjustments for 670,000 freelancers, possible cuts to minimum taxable income, expanded exemptions and a plan to abolish transferred automatically, with the professional activity tax programme slated for legal entities from 1 Jan 2027. completion by 31 August. The ENFIA property‑tax reforms were confirmed, with reform was approved, introducing an Electronic Building Identity (EBI) to replace cadastral data as the primary basis for taxable floor area from the 2027 tax year, ensuring tax assessments match actual floor area correcting over‑taxation and eliminating removing penalties for corrected lower‑area declarations.