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.

Share:

KEEP UP TO DATE WITH TGH

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

Latest News

Record crowds descend on Darwin for biggest GleNTi festival yet

The Darwin Esplanade was transformed into a sea of blue and white over the weekend as tens of thousands gathered for the GleNTi festival.

Paul Andon appointed Dean of UNSW Business School

Professor Paul Andon, a long-serving UNSW educator, has been appointed Dean of the UNSW Business School. Read more here.

Sephora names George Tsoukalas as new Australia and New Zealand chief

Retail veteran George Tsoukalas has been named the new General Manager of Sephora’s Australia and New Zealand division.

Police continue hunt for mystery man linked to Kerry Giakoumis murder

Police are continuing to investigate the murder of Hells Angels associate Kerry Giakoumis, six years after he disappeared in Melbourne.

Mistrial declared in Brisbane hairdresser Dmitri Papas sexual assault case

A mistrial has been declared in the Brisbane District Court case involving prominent Brisbane hairdresser Dmitri Stelios Papas.

You May Also Like

Cyprus Food and Wine Festival returns to Sydney bigger than ever

The Inner West's largest Cyprus Food and Wine Festival kicks off on Sunday, November 19 at the Cyprus Community Club in Stanmore, Sydney.

All defendants in Alkis Kampanos’ murder case found guilty

All 12 defendants who went to trial over the killing of 19-year-old Alkis Kampanos were found guilty of murder.

Iconic Greek theatre to reopen with Stavros Xarchakos performance

After a closure of 15 years, the municipal Lycabettus Theater is preparing to welcome the public once again on September 15, 2023.