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It is expected that a birth allowance of 2,000 euros will be entitled to new parents in 2020.
The allowance is enacted from 1/1/2020, under the Ministry of Labor bill and provides that beneficiaries will receive their money in two equal installments of 1,000 euros.
It is expected to be submitted to the House of Representatives for a vote on January 10.
The allowance, as expressly referred to in Article 10, is tax-free, and irrevocable for debts to the State and banks.
Procedure for granting a birth allowance or
to be eligible for the maternity allowance, the beneficiary parent must apply online:
(a) the Citizen’s Registry Information System Subsystem for the birth registration of the child; or
(b) the implementation of the Welfare and Social Solidarity website.
Upon acceptance of the application, the allowance shall be paid to the beneficiaries in two equal installments of one thousand (1,000) euros each.
By 2020, the cost of the allowance was estimated at 160 million euros, or about 80,000 new births.
The payment of the allowance shall take into account the annual real or imputed income, whichever is greater on the basis of the tax return and the income tax clearance.
The income threshold for birth benefit recipients
The table published by the Free Press shows that the “cutter” in the allowance is activated at more than € 60,000 for one parent and over € 70,000 for two parents.
The income limit is measured at the equivalent income of 40,000 euros collaborative for a parent.
Beyond that, there is a 1/2 (or 0.5) income increase for the second parent and 1/4 (or 0.25) for any single or underage child who has not reached the age of 18 until 31 December of the year of birth of the child for whom the allowance is claimed.
Caution: A child born in 2020 is estimated to increase income by 0.5 if there is only one parent and 0.25 if there are two parents. Equivalent income for the recipients of the allowance is provided by dividing the actual income by the following rates:
• 1.5 if it is a parent who has the first child (1 parent, 0.5 the child to be born).
• by 1.75 if they are two parents who will have their first child in 2020.
• by 2 if they are two parents who have one child and will have a second in 2020.
• by 2.25 for two parents with two children and a third in 2020.
Who will be the beneficiaries?
The birth allowance is granted to children born in Greece if their mother or, if the conditions are met, their father or other person who cares for them, resides legally and permanently in the Greek territory and has the following status:
a) Greek citizen
(b) a homeland alien possessing a compatible Identity Card
(c) a citizen of a Member State of the European Union
(d) a citizen of a State belonging to the European Economic Area and a citizen of the Swiss Confederation
(e) a third-country national who has resided legally and permanently in Greece for the last twelve (12) years prior to the year of birth of the child. By way of exception, for children born in Greece in the years 2020, 2021, 2022 and 2023 the allowance is granted if their mother, as a third-country national in the present case, has been legally and permanently residing in the Greek territory since 2012.
Source: HMERAZANTE
