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Greece Inflation

Image Credit: UNI

Greek PM announces more measures to tackle energy crisis, inflation

India Blooms News Service | @indiablooms | Sep 11, 2022, at 06:41 pm

#Greek #PM #Kyriakos Mitsotakis

Athens, Sep 11, UNI/IBNS: Greek Prime Minister Kyriakos Mitsotakis 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 US dollars) allocated in recent months. 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.

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