Extending the market pass until December 31 and indeed increasing the amount of the subsidy will be among the first issues expected to be considered by the new financial staff after the election, as payments end in July and accuracy is still sweeping households.
In any case, the pressure on households remains suffocating as, despite inflation decelerating to 2.8% in May, the annual rate of price increase in the group of food and non-alcoholic beverages stood at 11.6%, while in on a monthly basis, that is from April to May, food prices increased by 1.8%.
Compared to May 2022, the biggest increases are found in dairy and eggs (18%), in oils and fats (15.8%), in coffee-cocoa-tea (13.2%), in meats (11.9%) ), in bread and cereals (11.1%). Market Pass payouts began in February and end in July, with beneficiaries totaling 2.84 million.
Old and new beneficiaries
The new scenario includes the duration of the subsidy being five months, from August to December 2023, with the possibility of submitting new applications for those who have been rejected. For existing beneficiaries, the extension of the allowance is considered to take effect without a new application. The aid will concern the entire household and not individually, while guests will not be subsidized in the new phase of the measure
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 changes
In the new plan for extension, it foresees an increase in the maximum amount of the subsidy from 72 to 100 euros for a couple with four dependent members.
Also, consumers who choose to deposit on a digital card will receive a 100% subsidy if they make purchases with POS in Super Markets, grocery stores, butchers, pastry shops, dairy shops, bakeries, fishmongers, street markets.
80% of the subsidy will be deposited into accounts without the condition of making purchases and can be used by the beneficiary for any purpose.
Income and asset criteria
The criteria for new applications will be taken into account based on the annual income of 2o22, while the objective value of privately owned properties will also be included as a criterion:
Singles: Up to €16,000
Married – single parents: Up to €24,000
For each child or additional member: Plus €5,000
Rep. Property value (ENFIA 2023):
Singles: Up to €250,000
Married – Single parents: Up to €400,000
Source: ot.gr
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