Greek President Karolos Papoulias, whose role is primarily ceremonial, is entitled to a monthly salary of €23,122 , plus monthly expenses of €6,240. This equates to a salary of only €2,000 per month less than American President Barack Obama
, even though the Greek population is less than one thirtieth of the U.S.
To his credit Papoulias offered to serve without an annual salary in February this year, as Digital Journal
reported. The new amendment
which has been proposed to Parliament will scrap the presidential monthly expenses of €6,240 and reduce the amount of annual salary that future Greek presidents may earn, by half.
According to Athens News
the amendment will also halve the pensions of former Greek presidents. To Vima
reported that the suggestion for the presidential salary to be halved came from Papoulias.