Mitsotakis unveils eight support measures

Prime Minister Kyriakos Mitsotakis connected Wednesday announced 8 support measures, pursuing the work of the Hellenic Statistical Authority (ELSTAT) information connected the 2025 economical performance.

Mitsotakis referred to a bundle of alleviation measures for the full colonisation and to a “dividend of advancement that we are returning to society.” He stressed that the surplus was the effect of prudent economical argumentation and described the measures arsenic targeted interventions for the wide population. “They make an further buffer against the pressures of the existent crisis,” helium noted, adding that the interventions “do not undermine fiscal balance.”

The outgo of the caller support bundle is estimated astatine astir 500 cardinal euros, successful summation to the 300 cardinal euros successful measures precocious announced. According to the Prime Minister, the surplus dividend is directed towards 5 cardinal groups: families with children, tenants, pensioners, farmers, and over-indebted borrowers with bequest debts.

Eight support measures

Specifically, Mitsotakis announced the following:

-The diesel subsidy astatine the constituent of acquisition is extended to see May.

-The fertiliser subsidy will besides proceed until August, covering 15% of the value of acquisition invoices. The measurement perchance benefits 250,000 farmers, arsenic well arsenic ineligible entities progressive successful the superior sector, according to the Prime Minister.

-A one-off kid payment of 150 euros per kid will beryllium granted. It will beryllium paid automatically, astatine the extremity of June and will screen astir 1 cardinal households, comprising implicit 3 cardinal individuals—approximately 80% of families with children.

-The yearly support outgo for low-income pensioners, uninsured aged citizens and persons with disabilities is accrued to 300 euros. This benefit, paid each November connected a permanent, yearly basis, will present screen 1.9 cardinal beneficiaries, oregon 85% of pensioners implicit the property of 65.

-Income thresholds are besides being raised so that 1 yearly rent reimbursement tin beryllium extended to much beneficiaries. This measurement will supply alleviation to an further 70,000 households, supporting a total of much than 1 cardinal tenants, oregon 86% of the total, Mitsotakis noted.

The Prime Minister besides referred to three initiatives addressing backstage debt, stressing that these decisions support millions of debtors while simultaneously contributing to economical activity:

-First, the seizure of a debtor’s slope relationship whitethorn present beryllium lifted provided that 25% of the indebtedness has been repaid and different obligations to the tax authorities person been regulated.

-Second, debts ranging from 5,000 euros to 10,000 euros will present beryllium eligible for inclusion successful the out-of-court colony mechanism, benefiting astir 300,000 individuals.

-Third, debts that became overdue up to December 2023 whitethorn present beryllium restructured into up to 72 instalments, provided that immoderate caller arrears incurred aft 2023 are repaid oregon decently settled,  Mitsotakis stated.