Greek Pm Announces More Measures To Tackle Energy Crisis, Inflation

Greek PM announces new measures to address the energy crisis, inflation

Athens 11th September : Greek Prime Minister Kyriakos Mitsotakis unveiled a raft of measures, including an increase in the minimum wage as well as pensions to aid businesses and households in tackling the energy crisis as well as the high inflation.
The package, comprised of 21 pieces of legislation, contains additional subsidies for heating and power expenses in addition to the 8 billion euros ($8.12 billion) that were allocated in the last few times, Xinhua news agency reported.

 Greek Pm Announces More Measures To Tackle Energy Crisis, Inflation-TeluguStop.com

Greece will also reduce taxes and increase the minimum wage and pensions.

These will take effect at the end of this year and in 2023.

Pensions will see for first time in more than a decade an increase in their value, and the minimum gross monthly salary will be increasing, he announced.

“They are all essential steps to help society survive the worst winter in many years,” he said at the opening ceremony of the 1986th Thessaloniki International Fair (TIF) the annual trade fair that takes place in Thessaloniki, the port city of Thessaloniki in northern Greece.

The disposable income of many Greeks will rise , and the households with the greatest vulnerability are likely to be given additional benefits the prime minister stated during his speech that was broadcast on Greek public broadcaster ERT.

To further assist young people The government will also provide a subsidy for the purchase or rental renovation of an existing residence as a primary residence.

int/shs

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