Greek Prime Minister Kyriakos Mitsotakis on Wednesday evening again took to the national airwaves, this time to announce support measures to off-set skyrocketing energy costs for more vulnerable groups.
The spending package aims to deflect costs for households and low-income wage-earners.
Details will be unveiled on Thursday by relevant ministers, as Mitsotakis made the announcement while in quarantine from his residence, given that he tested positive for Covid-19 this week.
The aid package was calculated at 1.1 billion euros and aimed at 3.2 million people in the country of roughly 11 million residents, including households with taxable income of up to 30,000 euros annually and low-income pensioners.
The announcement came amid continuing and unprecedented increases for fuels, natural gas and electricity, and in the face of rising criticism by the political opposition in the country.
Mitsotakis referred to a “generous state subsidy for power bills, and a partial off-setting of fuel costs, covering for up to 180 liters worth of passenger vehicle petrol.”
These are combined with specific relief measures for farmers and small-to-medium sized enterprises, “which are afflicted the most by high electricity bills.”
Beyond spending, the Greek PM also said the government will proceed with another reduction in the unpopular property tax (ENFIA) and was contemplating another hike in the minimum monthly wage scale.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
German Ambassador to Greece Talks Ukraine, Rise of Far Right & Tariffs at Delphi Economic Forum X
Commenting on the political developments in his country, the German Ambassador stressed that it was clear the rapid formation of a new government was imperative, as the expectations across Europe showed.
Athens to Return Confiscated License Plates Ahead of Easter Holiday
Cases involving court orders will also be excluded from this measure.
Servicers: How More Properties Could Enter the Greek Market
Buying or renting a home is out of reach for many in Greece. Servicers propose faster processes and incentives to boost property supply and ease the housing crisis.
Greek Easter 2025: Price Hikes on Lamb, Eggs & Sweets
According to the Greek Consumers’ Institute, hosting an Easter dinner for eight now costs approximately €361.95 — an increase of €11 compared to 2024.
FM Gerapetritis Calls for Unified EU Response to Global Crises at EU Council
"Europe is navigating through unprecedented crises — wars, humanitarian disasters, climate emergencies," he stated.
Holy Week Store Hours in Greece
Retail stores across Greece are now operating on extended holiday hours for Holy Week, following their Sunday opening on April 13. The move aims to accommodate consumers ahead of Easter, but merchants remain cautious amid sluggish market activity.
Green Getaway Ideas for Easter 2025 in Greece
Celebrate Easter 2025 in Greece the sustainable way with eco-farms, car-free islands, and family-friendly getaways rooted in nature and tradition.
Civil Protection Minister Details Summer Firefighting Plans at Delphi Forum
At the 10th Delphi Economic Forum, Minister of Climate Crisis and Civil Protection Yiannis Kefalogiannis discussed Greece's plans for the upcoming fire season.
How Shops and Markets Will Operate During Easter Holy Week
The Easter holiday schedule has been in effect since April 10, with retail stores open Palm Sunday, and most supermarkets also operating to meet consumer demand for Easter shopping
Why Is the French Aircraft Carrier Charles De Gaulle in Piraeus?
Docking in Piraeus after a four-month deployment in the Indo-Pacific region, the admiral of the aircraft carrier the Charles de Gaulle says, "Greece is our best partner in the Mediterranean."
