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“Piggy Bank for the New Generation”: The Government Will Double the Amount that Parents Will Put -What Applies to Godparents, Grandparents - iefimerida.gr

Summary by Iefimerida
With its eyes on the next generation, building policies for the family, the government announced “Piggy Bank for the new generation”. This is a special investment account where parents can deposit any amount up to 1,200 euros and the State will deposit an equal amount each year, until the age of 18. The limit will increase by 10% every 5 years. When specifying the measures, the Minister of Economy and Finance stressed: “We are taking the next st…

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The state will put in as much as the parents, up to 1,200 euros per year - Without income criteria, the money is "locked" until the age of 18 - How the capital can reach 77,000 euros

·Marousi, Greece
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Lean Right

With its eyes on the next generation, building policies for the family, the government announced “Piggy Bank for the new generation”. This is a special investment account where parents can deposit any amount up to 1,200 euros and the State will deposit an equal amount each year, until the age of 18. The limit will increase by 10% every 5 years. When specifying the measures, the Minister of Economy and Finance stressed: “We are taking the next st…

How the new investment account for children works, how much the state puts in, how the ceiling increases and the three scenarios until adulthood

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The goal, as stated by Mr. Pierrakakis, it's “no child should start from scratch”

A special account that parents can open for infants during the first two years of their birth is being established by the government, with the aim of supporting young people...More...

·Greece
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With an annual deposit of 1,200 euros from the parent and 1,200 euros from the state (total 24,000) that will increase by 10% every five years, in 18 years a capital of 49,304 euros will have been deposited, which with interest is expected to exceed 60,000 euros.

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dnews.gr broke the news on Sunday, September 6, 2026.
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