Greek PM unveils €1 billion relief plan for pensioners and renters

·

Greek Prime Minister Kyriakos Mitsotakis on Tuesday, April 22, announced a €1 billion three-part economic support plan targeting low-income pensioners, renters, and public investment, following Eurostat data showing a 1.3% fiscal surplus for Greece in 2024.

Under the plan, renters will receive a full month’s rent refund each November to help ease pressure from the country’s ongoing housing crisis. This will complement existing programs supporting home ownership for young couples.

Additionally, 1.5 million low-income pensioners, the uninsured elderly, and people with disabilities will receive a permanent €250 supplement each November.

The plan also includes an annual €500 million boost to Greece’s public investment program to accelerate infrastructure projects and social initiatives.

Source: Ekathimerini.

Cretan Convention - Web Banner

Advertisement

Share:

KEEP UP TO DATE WITH TGH

By subscribing you accept our Terms of Service and Privacy Policy.

Advertisement

Latest News

Magna Graecia – Part 4: From Colony to Colossus: Syracuse and Hellenism in Sicily

Syracuse (in present-day Sicily) was founded in 734 BCE by settlers from Corinth and Tenea, led by their oikist (founder), Archias.

Scam no more: Protecting what’s most important with Evan Frangos

Hailing from Ikaria, Greece, Evan is also a Certified Cryptocurrency Investigator, specialising in recovering funds lost to scams and hacks.

Upcoming Sydney lecture will explore the Greek Civil War in Greek literature

The Greek Orthodox Community of NSW (GOCNSW) will delve into the history of the Greek Civil War as presented in Greek literature.

Greek olive oil in Japan: Health, heritage and authenticity

At the Olive Japan International Olive Oil Competition, Greek olive oils earned 12 Gold Medals and 36 Silvers.

The Greek island tourists haven’t overrun

Unlike Santorini, which draws up to 3.4 million visitors annually, the island of Kea remains largely under the radar.

You May Also Like

Australian Federation of Pontian Associations elect new executive committee

The Australian Federation of Pontian Associations elected and appointed their executive committee for a two-year term.

Sydney’s Samians and Kytherians unite over wine and heritage

On Saturday, March 15, at the Samian House in Kingsgrove, Sydney, an important meeting took place between the Samians and Kytherians.

Ambitious pedestrian and bicycle path in Attica set to be completed by late 2025

The new pedestrian-bicycle path along the Athenian Riviera is set to be completed by the end of 2025.