Greek wage earners, pensioners and the self-employed will all see their income increase in 2020 as a result of measures taken by the government, Deputy Labour and Social Affairs Minister Notis Mitarakis said in an interview on Skai television on Saturday, according to ANA.
This rise will be the result of tax cuts, the reduction of social insurance contributions from July 2020, the reduction of the so-called ‘solidarity’ levy and an increase in the minimum wage, he said.
For pensioners, the minister pointed to changes that will raise the pensions of those that have worked for 30 to 35 years, the abolition of a 1,300-euro per month “cap” on the sum of main and supplementary pensions and the creation of a permanent support mechanism for pensioners.
“In total, the 2020 budget invests an additional 1.0 billion euros in pensioners and actively demonstrates New Democracy’s social face,” Mitarakis said.
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