City
Epaper

Greek PM announces more measures to tackle energy crisis, inflation

By IANS | Updated: September 11, 2022 07:20 IST

Athens, Sep 11 Greek Prime Minister Kyriakos Mitsotakis has announced a package of measures including raising the minimum ...

Open in App

Athens, Sep 11 Greek Prime Minister Kyriakos Mitsotakis has announced a package of measures including raising the minimum wage and pensions to further help households and businesses tackle the energy crisis and high inflation.

The package, consisting of 21 measures, includes more subsidies for power bills and heating costs in addition to the 8 billion euros ($8.12 billion) allocated in recent months, Xinhua news agency reported.

Greece will also cut taxes and raise the minimum wage and pensions, which will come into effect by the end of this year and in 2023.

Pensions will see for the first time in over a decade an increase, and the gross minimum monthly salary will also further rise, he announced.

"They are all necessary measures to support society to get through the heaviest winter in many decades," he said at the opening ceremony of the 86th Thessaloniki International Fair (TIF), an annual trade fair held in the port city of Thessaloniki in northern Greece.

The disposable income of many Greeks will rise and the most vulnerable households will receive extra benefits, the prime minister said during his speech which was broadcast on the Greek national broadcaster ERT.

To further support young people, the government will subsidize the rental or purchase and renovation of a primary residence.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: XinhuaAthensKyriakos MitsotakisThessaloniki
Open in App

Related Stories

InternationalMajor UK Railway Stations Hit by Cyber Attack; Network Rail Suspends Wi-Fi Service

NationalIt’s a Pleasure To Be in India: Greek PM Kyriakos Mitsotakis Makes First State Visit in 15 Years (Watch)

InternationalGreece braces for first summer heat wave

PoliticsSudan govt willing to work with all parties to end conflict

InternationalCyprus prepares for emergencies in face of approaching heat wave

Politics Realted Stories

MumbaiWho Is Tejasvee Ghosalkar? Shiv Sena UBT Leader and Former Corporator Joins BJP Ahead of BMC Polls

MaharashtraSanjay Raut Says Sena–MNS Already Together No Need Others Permission

MaharashtraBig Jolt to Sharad Pawar as Salil Deshmukh, Son of Anil Deshmukh, Quits NCP-SP

PoliticsEknath Shinde Issues Strict No-Crossover Order After Meeting Amit Shah; Directive Communicated to All Shiv Sena Leaders

MaharashtraBMC Elections 2025: Devendra Fadnavis Says Clarity on Seat-Sharing Will Emerge in Two Days