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.

Advertisement

Share:

KEEP UP TO DATE WITH TGH

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

Advertisement

Latest News

Saints’ young guns show true spirit despite unfortunate loss

St George Saints Mens White team headed to take on Hornsby Ku-Ring-Gai Spiders last Saturday, May 10. Match details here.

Pope Leo XIV and Patriarch Bartholomew plan meeting amid hopes of a ‘new era’

His All-Holiness Ecumenical Patriarch Bartholomew has confirmed he will attend the enthronement of newly elected Pope Leo XIV.

Greece to repay bailout loans a decade early amid strong economic rebound

Greece plans to repay its first bailout loans by 2031 — ten years ahead of schedule — Finance Minister Kyriakos Pierrakakis has confirmed.

Sussan Ley elected first female leader of Australia’s Liberal Party

Sussan Ley has made history by becoming the first woman to lead the Liberal Party in its 80-year history. Read more here.

Spectacular drone display dazzles Sydney for Pavlos Giannakopoulos Tournament

Sydney’s night sky dazzled with a display of Greek, Australian and Serbian flags on Monday night for the Pavlos Giannakopoulos Tournament.

You May Also Like

A guide to the best Greek beer

Greek beers may not top lists in Europe, but there are some serious contenders. The Greek Herald shares its top four Greek beers.

Team Greece draw with Albania in All Nations Cup opener

Team Greece kicked off its 2024 All Nations Cup with a hard fought 1 all draw against Albania. The first half was an arm wrestle.

Maria Sakkari’s hopes of playing in US Open final crushed by Serena Williams

Maria Sakkari's hopes of playing in a US Open final were crushed by Serena Williams after an immensely hard-fought game 3-6, 7(6)-6, 3-6.