Greece is examining a new round of targeted support measures to cushion households from mounting cost-of-living pressures, with officials weighing the return of popular subsidy schemes introduced during previous crises.

Finance Minister Kyriakos Pierrakakis said the government is examining options to support disposable incomes as inflation, particularly in food and energy, continues to strain family budgets. Speaking on the sidelines of the International Monetary Fund’s Spring Meetings in Washington, he emphasized that any intervention would be “targeted, temporary and fiscally responsible”.

Among the measures under consideration is the reintroduction of the Market Pass, a monthly voucher ranging from 22 to 100 euros depending on income. The scheme would support basic spending across supermarkets, bakeries, and local markets, directly addressing rising food prices.

The government is also evaluating an extension of the Fuel Pass, currently offering 20 to 60 euros, as well as potential support for diesel costs. Energy-related relief could include a revival of the Power Pass to offset electricity and natural gas bills, while an emergency cap on profit margins is also reportedly on the table.

These discussions come amid renewed global uncertainty linked to escalating tensions between the United States and Iran,  raising concerns over energy prices and their knock-on effects on the Greek economy.

Meanwhile, existing measures such as the “Tourism for All” scheme – covering holiday costs for low-income households – and the 300-euro Youth Pass for young adults remain in place.

Pierrakakis highlighted that the duration of the energy crisis remains a key unknown, stressing that the government is prepared to act as needed. “We are moving toward strengthening disposable income through tax interventions and targeted support where necessary,” he said.

Authorities are closely coordinating with European institutions, drawing on the policy framework developed during the 2022 energy crisis. The focus, Pierrakakis noted, is on interventions that are aligned with European Central Bank policy while preserving fiscal stability.

A final decision on the new package, expected to cost around 200 million euros, is anticipated by the end of April, following the release of Greece’s 2025 fiscal data on April 22 and updated budget forecasts.