Greek PM Kyriakos Mitsotakis announced a package of eight relief measures on Wednesday, aimed at returning the fruits of Greece’s fiscal surplus to households most affected by rising prices, with a focus on energy costs, income support, and private debt relief. The announcement followed the release of data by the Hellenic Statistical Authority (ELSTAT), showing […]
Government hints at possible economic support for households as officials await surplus data, with announcements potentially imminent if fiscal conditions allow.
The Greek government may be reinstating additional subsidy schemes, with final decisions expected later this month.
Executives say the aid package provides limited relief to specific industries, with structural energy costs and competitiveness gaps still unresolved.
Athens has finalized a two-pillar support package for Greek industry after six months of negotiations with the European Commission, targeting both immediate electricity bill reductions and long-term energy efficiency investments.
With Easter around the corner and Middle East tensions pushing up fuel and food prices, Athens is rolling out subsidy measures it has used before — and promising more market inspections.
Lawmakers clash over fuel subsidies, tax cuts, and support for vulnerable households as the greek government attempts to tackle rising energy costs linked to the Middle East war.
“This year is not a normal situation—it is wartime, and its duration remains unknown,” the minister noted, adding that the government would proceed “calmly and step by step.”
Government imposes strict limits on basic food, household, and baby products to curb profiteering, with fines up to €5 million for violations
The government imposed temporary limits on profit margins for fuel, food and essential products until June 30, aiming to prevent price gouging amid economic pressures linked to the Middle East conflict
The greek government will impose a three-month cap on profit margins for fuel and supermarket goods to prevent price gouging linked to the Middle East crisis. The government will present the detailed measures later today.
The government launched a €600 million support package, starting with a permanent €250 allowance for 1.4 million eligible beneficiaries, followed by additional payments—including rent refunds—later this week.
The increase ranges from 400 to 1,500 euros. Specifically, it is set at 2,400 euros for the first child, 2,700 euros for the second child, 3,000 euros for the third child, and at 3,500 euros for more than four children.
"We want to particularly support new families, families with children. We are particularly concerned about the decrease in the Greek population."