Greece Announces 500 Million Euro Support Package Funded by Budget Surplus

In a move reflecting Greece's robust fiscal performance, Prime Minister Kyriakos Mitsotakis unveiled a significant new support package totaling 500 million euros. This initiative, funded by the nation's budget surplus, aims to alleviate the financial pressures faced by Greek households amidst challenging international economic conditions.

The comprehensive measures target various segments of the population. Farmers will benefit from the extension of diesel and fertilizer subsidies, while families with children will receive a one-off payment of 150 euros per child. Additionally, the government is increasing support for low-pensioners, individuals with disabilities, and expanding the criteria for rent returns, aiming to provide broader relief.

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I insist that every collective success should gradually translate into individual prosperity. Indeed, the national economy is resilient and performing better than expected. However, the anxiety of the supermarket, the expenses of children, more expensive fuel, and the care of the elderly remain, everywhere in Europe but also in our homeland.

From Athens, this announcement is viewed as a direct return of the fruits of a prudent economic policy to the citizens. The Prime Minister emphasized that while the national economy is performing strongly, the daily struggles of households with rising costs for essentials like groceries, children's expenses, fuel, and elder care persist. This package is framed as a 'dividend of progress,' demonstrating that collective success translates into tangible individual well-being.

This proactive approach, funded by a surplus generated through disciplined spending and efforts to combat tax evasion, contrasts with the austerity measures often associated with Greece's past. It signals a government confident in its economic management, capable of providing targeted support without jeopardizing fiscal stability. The focus on families, vulnerable groups, and debt relief underscores a commitment to social cohesion and shared prosperity.

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That is why today I am announcing a package of relief measures that are addressed to the entire population, as a dividend of progress that the state returns to society.