€60,000 by Age 18: Mitsotakis Unveils a Savings Account for Every Child Inspired by Germany
Greece is preparing a new individual savings and investment account for children from January 2027, with the state matching parental contributions up to €1,200 a year. Under the example presented by Prime Minister Kyriakos Mitsotakis at the Thessaloniki International Fair, a child could enter adulthood with more than €60,000 — marking a shift from traditional welfare payments toward long-term capital building for the next generation.