Greek Prime Minister, Kyriakos Mitsotakis, has announced 1.1 billion euros in targeted measures to support 3.2 million low-income Greek households.
The announcement came during a televised address to the nation on Wednesday night.
“The measures will address all manifestations of price increases. Supporting the income of lower-income workers and pensioners with an emergency subsidy,” Mitsotakis said during his address.
Mitsotakis explained the government will also be supporting families with children who faced increased expenditures, “generously subsidising energy bills” and “partially absorbing increases in fuel prices by covering 180 litres of petrol for vehicles.”
Special provisions for farmers and small businesses, who have been particularly hit by increased energy prices, will also be provided by the Mitsotakis government.
Mitsotakis also stated that the Single Property Tax (ENFIA) will be reduced and that the Greek national minimum wage is set to increase.
The Greek ministers of Finance, Energy and Agriculture will each announce a three-month emergency spending program to further support the Greek economy.
This all comes in the context of the government’s running support initiative which has already seen some 2.6 billion euros in state funds so far funnelled towards tackling the energy crisis.
Source: Ekathimerini.
