The Ministry of Economy and Finance announced an increase in overtime pay and special hazard bonuses for police and military personnel as provided in the newly-passed 2025 state budget.
Deputy Minister of Economy and Finance, Athanasios Petralias stated, “Recognising the contribution of the members of the security forces and the armed forces, the hazard bonus is to be increased by 100 euros per month beginning on 1 July 2025.”
The allowance will be given to 153,240 uniformed personnel, specifically 79,677 military personnel, 52,954 police officers, 8,161 port officers and 12,448 firefighters. The annual cost of this bonus is 184 million euros plus employer contributions.
“In January they will see increases in night pay, in April they will see increases in line with the minimum wage and in July they will see an increase from the hazard bonus,” said Athanasios.
Prime Kyriakos Mitsotakis specifically pointed to the hazard bonus during the debate on the 2025 budget, stating that the bonus “is connected to the daily lives of our 150,000 soldiers: our police officers who fight day and night against crime, our firefighters, our porters and of course the women and men of the Armed Forces, who protect the homeland. By making the most of our budgetary capabilities, the government will actively recognize the dangerous nature of the services they provide to these officers wearing the national emblem.”
Source: Tovima.com
Latest News
Greece Hourly Wage Rates Worst in EU in Q3 2024
Greece posted a 2.9% rate drop, with the European Union average over the same quarter recording a 5.1% rise
ELSTAT: New Decline in Agriculture and Livestock Inputs and Outputs
This decrease is attributed, to a 3.4% decline in the plant production price index, mainly due to changes in the industrial plants group, as well as a 0.7% increase in the animal production price index.
Greek Banks See 100mln Hit from New Budget Measures
Greek banks face a €100M budget impact as new measures slash fees for remittances, bill payments, and ATM use.
Greek PM Announces Sweeping Changes in 2025 State Budget
These measures aim to foster fairer banking practices and enhance the availability of affordable housing and credit
French Fund Meridiam Shows Growing Interest in Great Sea Interconnector
According to OT, the fund engaged in recent discussions regarding the Great Sea Interconnector with Greece’s Minister of Environment and Energy and the CEO of Greece’s Independent Power Transmission Operator (IPTO/ADMIE)
Everything to Know about Store Hours this Holiday Season
Stores and supermarkets across the country are operating extended hours, offering ample opportunities for holiday shopping
Greece Prepares for State Budget Vote as Debate Reaches Final Stages
Prime Minister Kyriakos Mitsotakis is expected to deliver his remarks late in the evening, shortly before the decisive vote that will conclude the session
DM Dendias: We talk With Turkey But We Always Bring Up Their Unacceptable Positions
Second and last day of closely watched conference, entitled 'Metapolitefsi 1974-2024: 50 Years of Greek Foreign Policy', also included appearances by PM Mitsotakis, Ex-PM Tsipras and PASOK leader Nikos Androulakis, among others
Rhodes Airport Tops Fraport Greece’s Regional Airports in 2024 Performance
According to Fraport's data, more than 35 million passengers (specifically 35.2 million) were handled by Fraport-managed airports during the 11 months.
European Central Bank Cuts Interest Rates by 25 Basis Points
It is the fourth cut of interest rates by Europe’s central bank, a move expected by the markets and financial analysts leading to the rate settling at 3%.