In its report, the European Commission acknowledges the Greek economy’s positive performance, according to which, not only it reaches the target of a 3.5% primary surplus for 2019, but it also has additional fiscal space, with a potential surplus of 3.8%. This means that there is a ‘cushion’ of nearly 400 million euros, which will be the ‘source’ of the extraordinary social dividend.
Greek Prime Minister Kyriakos Mitsotakis will soon announce the extent of the social dividend and who will be eligible to receive it. The beneficiaries will come from the groups suffering the biggest financial problems, and as the prime minister has said, the aim is not to give little money to many, but to identify the social groups in need, in order for the aid to be effective.
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Photo Source: Wikimedia Commons License: CC-BY-SA Copyright: European Commission
