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

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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.

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