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Tue, Apr

Mitsotakis Unveils €1 Billion Plan for Housing, Pensioners, Public investments

Mitsotakis Unveils €1 Billion Plan for Housing, Pensioners, Public investments

Hellenic Shipping News

Greek Prime Minister Kyriakos Mitsotakis has announced a new set of

Greek Prime Minister Kyriakos Mitsotakis has announced a new set of economic support measures, worth 1 billion euros, aiming to provide financial relief to citizens.

The announcement follows the publication of Greece’s fiscal performance data by ELSTAT and Eurostat, with the 2024 surplus reported at 11.4 billion euros, or 4.8% of GDP. This surplus–which Mitsotakis attributed to dynamic growth, efforts to combat tax evasion, and structural fiscal measures– has resulted in additional state revenue.

In his televised address on Tuesday, Mitsotakis stated that these new measures reflect the government’s ongoing success: “This is a result of our consistent efforts to combine economic recovery with social care, all built on a foundation of fiscal stability,” he said. “The latest fiscal figures justify a policy that has led to tangible results, strengthening the country’s internal stability while creating opportunities for citizens.”

Key Support Measures Announced:

  1. Annual Rent Refund: Starting in November 2025, the government will refund one month’s rent to tenants each year. This measure is aimed at alleviating the financial burden on renters, particularly at a time when Greeks Greek households face the highest housing cost burden in the EU.

  2. Financial Assistance for Low-Income Groups: Approximately 1.5 million low-income

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