A new round of market pass payments begins today Friday for the beneficiaries of the immaterial digital card, with the process being completed next Tuesday. The Ministry of Finance gave the “green light” for the crediting of the penultimate installment of 24 million euros to 645,000 beneficiaries of the program.
The remaining beneficiaries who had chosen to deposit money into a bank account have already received the full amount of the subsidy.
Beneficiaries who have not been paid to date due to an incorrect IBAN will also receive retrospective amounts of the aid.
These households had received an email to correct their IBAN details as their application had been approved but the payment could not be made.
High prices
High prices remain on food despite decelerating inflation, the extension of the market pass is expected to be on the new government’s table by the end of the year in order to make up for losses in household incomes and given that budget execution figures show that there is available fiscal space to finance the measure.
The question is whether the new market pass will be given to all current beneficiaries or there will be changes to the income criteria and it will be granted only to vulnerable households.
It is noted that the market pass payments started in February and are completed in July. Beneficiaries, who had chosen a deposit to their bank account, received at the beginning of May the last subsidy for the months of May, June and July. Those who preferred to deposit the allowance on the physical card will collect the last installment on July 3, while digital debit cards automatically expire on 8/31/2023 and it will not be possible to carry out transactions with them after this date.
Beneficiaries of the Market pass are natural persons, single, married, parties to a cohabitation agreement, separated, divorced or widowed, who are tax residents of Greece and meet the income and real estate value criteria provided by law.
The Market Pass immaterial digital card is used at POS owned by Super Markets, grocery stores, butchers, patisseries, dairies, bakeries and various food stores.
The amount of aid per household amounts to 10% of the monthly amount of purchases, which is set at 220 euros for a single-member household, increased by 100 euros for each additional member of the household with a maximum purchase limit of 1,000 euros.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
RES: Large Companies Buying PPAs in Greece
Power Purchase Agreements (PPAs) are long-term contracts between renewable energy producers and large corporations seeking to secure electricity at stable prices in a sustainable manner.
School Closures, Ships Docked Amid Bad Weather in Greece
Severe weather in Greece causes school closures and sailing bans. Strong winds, snowfall, and icy conditions disrupt daily life and travel on Tuesday.
Greece to Proceed with Issuance of 10-Year Bond
Regarding Greece's public debt the Agency forecasts that it will continue its downward trend, recording a total reduction of around 56%.
Labor Shortage in Greece: Vacant Job Positions Costing the Economy Millions
Data show that specific sectors are facing particular challenges in filling job positions, with the primary sector struggling to find working hands.
e-EFKA: “Thaleia” Answers Policyholders’ Questions
It is a service provided by the organization, aimed at enhancing the experience for individuals with special needs.
PM Mitsotakis Outlines 2025 Goals for Growth and National Interests
"The government’s work will remain intense and multifaceted, so that day by day, something changes and the lives of all citizens become better," the prime minister stated
Tender for Repairs on Athens Olympic Stadium’s (OAKA) Iconic Roof
Tender for OAKA project, which is expected to exceed 78 million euros, stipulates that repairs, maintenance must be conducted while venue remains open for events
Louis-Dreyfus Family Eyes 21% Stake in Thessaloniki Port
The newly created Amsterdam-based LeonidsPort company has submitted a voluntary public offer for 21%
EUIPO Throws Out Turkaegean Trademark
The trademark had been filed by the Türkiye Tourism Promotion and Development Agency (TGA) in 2021 and immediately generated heated opposition by Athens
Economic Sentiment Indicator in Greece Drops Slightly in Dec.
The data revealed that the primary drivers of the slight drop were the industrial and retail trade sectors. Conversely, construction and consumer confidence improved.
