"Piggy Bank for the New Generation": child savings account with state matching
Parents will be able to open an account for their child within the first two years after birth; the state will deposit as much as the parent does, up to EUR 1,200. The money stays locked until the child turns 18. Expected to start in January 2027.
A state deposit matching the parent's, up to EUR 1,200; the money stays locked until the child is 18
This benefit is not open yet — you will be able to apply once it starts.
Who can get it
Official evidence · Ομιλία του Πρωθυπουργού στην 90ή ΔΕΘ (6/9/2026): «Για πρώτη φορά θεσπίζουμε έναν λογαριασμό τον οποίο θα μπορούν να ανοίγουν οι γονείς στα δύο πρώτα χρόνια μετά τη γέννηση κάθε παιδιού.» · Checked: 2026-09-29
Official evidence · Ομιλία του Πρωθυπουργού στην 90ή ΔΕΘ (6/9/2026): «Για πρώτη φορά θεσπίζουμε έναν λογαριασμό τον οποίο θα μπορούν να ανοίγουν οι γονείς στα δύο πρώτα χρόνια μετά τη γέννηση κάθε παιδιού.» · Checked: 2026-09-28
Based on official sources. For the latest criteria, contact the relevant authority.
How to apply
The steps to apply yourself. Free: you don’t need to pay anyone.
Required Documents
Usually the details gov.gr already holds about you are enough.
Step by step
- 1
Wait for the law
The account is not available yet. According to the announcement it starts in January 2027; how to open it will be set by the law.
Open the page
Authority: Άλλος Φορέας
Good to know
- Sign in to gov.gr with your TAXISnet codes. You sign in ONLY through the official government page. Never enter your codes anywhere else.
- Fill in and submit the application. Enter your details, upload anything requested and submit. Keep the protocol number.
- Track your application. Progress and the final decision appear in your account on the authority / gov.gr.
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What it is
Announced by the Prime Minister at the 90th Thessaloniki International Fair (6 September 2026): an account that parents will be able to open within the first two years after the birth of each child. The state will deposit the same amount as the parent, up to EUR 1,200 ("A hundred euros from the parent? A hundred euros from the state"). The capital stays locked until the child turns 18. According to the speech, it covers children already born or yet to be born, and it starts in January 2027.
No law has been passed and no ministerial decision issued yet. They will set the details, e.g. over what period the EUR 1,200 limit applies (the speech's example has the parent saving EUR 100 a month) and how the account is opened.
Announcement (2027 draft State Budget, October 2026): the measure is described as a «New Generation Investment Account»: from 2027, for babies up to 2 years old, with a matching state contribution of up to €1,200 a year, rising by 10% every five years, until the child comes of age. It has not been legislated yet; this will be updated once it is published in the Government Gazette (ΦΕΚ).
Lifecycle*
UpcomingPermanent/ongoing benefit
No fixed end date is currently recorded.
*Cycles, deadlines, and availability may change regularly. Always confirm with the official source before applying.
Benefit details
- Provider
- Άλλος Φορέας
- Category
- Family & Children
- Status
- Upcoming
- Type of benefit
- Subsidy programme
Details last verified: 09/10/2026