The bill includes a series of new fiscal measures, initially announced in April 2025, primarily aimed at vulnerable social groups such as pensioners, persons with disabilities, tenants, and students.
One of the central provisions of the bill is the annual financial support for tenants of primary and student residences. Starting in 2025, eligible beneficiaries will receive financial assistance equivalent to one-twelfth of the previous year’s annual rent per lease, with a maximum subsidy of €800 per residence.
Additionally, this subsidy increases by €50 for each dependent child. In cases of separation, the increment applies individually to each parent. For student housing, the subsidy remains fixed at €800 annually, with payments made per student.
The subsidy is paid as a lump sum and transferred to beneficiaries by the end of November each year via bank accounts. The calculation of the subsidy is automatic, based on the tenant’s previous year’s tax declaration, with no need for a formal application.
To qualify, recipients must meet specific income and asset criteria. Single individuals must have an annual income up to €20,000, while married couples or civil partners can earn up to €28,000, with additional allowances per dependent child. Property value limits are set at €120,000 for singles and €140,000 for couples, with further increases per dependent member.
Beyond tenant support, the bill also establishes an annual financial allowance of €250 for pensioners, uninsured elderly, and persons with disabilities. This allowance targets e-EFKA pensioners receiving a primary or survivor’s pension who meet income and asset criteria. The total annual household income should not exceed €14,000 for singles and €26,000 for couples, while property values must remain below €200,000 for singles and €300,000 for couples. This financial support will be disbursed by November 30 each year and is exempt from taxation or public deductions.
Eligible beneficiaries may also include pensioners with disabilities and individuals receiving various welfare benefits, such as social solidarity allowances for uninsured elderly or welfare support for persons with disabilities.
The new bill also extends the validity of tax incentives for building upgrades through 2025 and 2026. Income tax reductions on expenses related to building renovations will continue, promoting investment in renovation and energy efficiency improvements.
The total budget allocated for these fiscal support measures amounts to €500 million, primarily enhancing the National Public Investment Program. Through this initiative, the government aims to bolster economic stability and support the social groups most affected by the economic crisis.
The bill is expected to strengthen the most vulnerable population segments and foster a more flexible and effective economic framework for Greece. Consultations on the bill will continue for two weeks, with further announcements anticipated regarding its final provisions.
