An amount of 175m euros will be disbursed and distributed in the form of social dividend amounting to 700 euros, to 250,000 households corresponding to about 953,000 family members, Finance Minister Christos Staikouras announced on Thursday.

This is the social dividend that will be paid to beneficiaries in the coming days and which has emerged from its primary surplus overrun created in the second half of the year.

The categories of households receiving the € 700 social dividend, include families with four or more children and a family income of up to € 20,000, families with at least one long-term unemployed (over 12 months) parent and at least one child under their care and income up to € 15,000. EUR, families where both parents are short-term unemployed with at least one child and income up to € 15,000 and families with dependent children with disabilities up to 24 years old. This provision also applies to single parent families.