President announces ‘Guaranteed Minimum Income’ for all citizens
Anastasiades: reform of social policy
PRESIDENT Nicos Anastasiades on
Friday announced the complete reform of social policy based on the
principle of securing a Guaranteed Minimum Income for all citizens.
It should be fully in place by June 2014, he said.
“Beneficiaries will be all of our fellow citizens who have an income
below that which can assure them a dignified living, irrespective of
age, class or professional situation,” Anastasiades said in a statement.
He said the level of the Guaranteed Minimum Income would take into
consideration the needs of every citizen and every household concerning
nourishment, clothing, consumption of electricity and other
indispensable items.
At the same time, it will guarantee the right for housing of the
economically weaker groups of the population, he said. This will be done
either through the subsidisation of the rent if the beneficiaries don’t
own their own residence, or through the subsidisation of the interest
on housing loans in the cases where people own a house but face problems
in paying instalments.
“Also covered will be unforeseen expenses, which unfortunately come
up in every household, such as, for example, absolutely necessary
construction and repairs to houses, municipal taxes, etc,” he said.
“What I want to stress emphatically is that the Guaranteed Minimum
Income will also be provided to thousands of our fellow citizens who, in
spite of their needs, are not covered to this day by the existing
system and they did not receive any substantial assistance from the
state,” the president said.