Greece completes first €150 child benefit payment, but 33,000 families miss out due to IBAN errors

First payment completed

Greece's Independent Authority for Public Revenue (ΑΑΔΕ) and the Ministry of National Economy and Finance finalised the initial payout of the extraordinary €150 per child benefit on 30 June 2026. The payment covered 947,609 beneficiaries for 1,525,188 dependent children, with a total disbursement of €219,737,550. The benefit is automatic, requiring no application, and was calculated using 2024 income tax returns as they stood at the end of May 2026.

The 150 euros is not a panacea, but it is a support that can help a family get through the month a little easier.

Why some received half or nothing

Not every eligible parent saw the full amount. The ΑΑΔΕ identified 33,351 tax registration numbers (AFM) where either no IBAN had been declared or the recorded IBAN was incorrect. These beneficiaries will receive an email prompting them to update their bank details so they can be included in a subsequent payment cycle. Others received only €75 per child because the benefit is split equally when parents file separate tax returns for shared children. In joint filings, the full amount goes to the spouse listed as liable.

Income thresholds

The benefit is means-tested. For married couples or civil partners, the total family income cap is €40,000 for the first child, rising by €5,000 for each additional dependent (€45,000 for two children, €50,000 for three). Single-parent families have a slightly lower starting threshold of €39,000, also increasing by €5,000 per extra child. Income considered includes all taxable, exempt, actual, and imputed family earnings.

What's next for newborns

Families with children born between 1 January 2025 and 31 July 2026 are not covered by the June payment. A supplementary payout will be made by 31 August 2026, provided the necessary tax filings are complete. For children born in 2026 who do not yet have an AFM, parents must apply for one by 10 August 2026 to receive the benefit.