Prime Minister Kyriakos Mitsotakis emphasized the importance of the new initiative on collective labor agreements during his address to the cabinet, calling it “a reform that moves in the right direction,” on Thursday in Athens.

He stated that the measure provides “security for employees and predictability for employers,” noting that it is the product of cooperation “between a center-right government and all social partners.” According to him, the initiative is driven by three key principles: “responsibility, trust, and productivity.”

The Greek PM also referred to the state budget, describing it as “development-oriented” and “a compass guiding the economy’s priorities.” He stressed that Greece is recording growth for the sixth consecutive year—double that of the eurozone—while inflation “appears to be easing.”

Kyriakos Mitsotakis highlighted that from January 2026, citizens will see increases in their wages. He also mentioned pensioner support measures, including the annual €250 allowance paid every November and the universal pension increases set to begin in January. Tax cuts and the gradual elimination of the “personal difference” will further boost pensioners’ income, he said.

On housing policy, the Prime Minister announced that tomorrow over one million tenants will receive the rent rebate in their bank accounts—a measure he said is equivalent to an 8% reduction in rents. He added that the government is reducing property taxes for small owners, halving and abolishing ENFIA for villages with fewer than 1,500 residents, and lowering VAT across all islands of the eastern Aegean.

Reiterating that the government “is not hitting the brakes,” he said reforms are accelerating—particularly in the state and public administration. He noted that when public-sector evaluation began, urban planning offices had “just a 3% performance rate.” The government is now taking a “bold decision,” he said: transferring responsibility for issuing building permits and construction-related matters to the Land Registry.

The goal is to create a unified, fully operational “one-stop shop for every property” by 2026, making processes easier for owners, builders, and investors.