Prime Minister Kyriakos Mitsotakis on Wednesday announced eight support measures, following the publication of the Hellenic Statistical Authority (ELSTAT) data on the 2025 economic performance.
Mitsotakis referred to a package of relief measures for the entire population and to a “dividend of progress that we are returning to society.” He stressed that the surplus was the result of prudent economic policy and described the measures as targeted interventions for the broad population. “They create an additional buffer against the pressures of the current crisis,” he noted, adding that the interventions “do not undermine fiscal balance.”
The cost of the new support package is estimated at approximately 500 million euros, in addition to the 300 million euros in measures recently announced. According to the Prime Minister, the surplus dividend is directed towards five key groups: families with children, tenants, pensioners, farmers, and over-indebted borrowers with legacy debts.
Eight support measures
Specifically, Mitsotakis announced the following:
-The diesel subsidy at the point of purchase is extended to include May.
-The fertiliser subsidy will also continue until August, covering 15% of the value of purchase invoices. The measure potentially benefits 250,000 farmers, as well as legal entities active in the primary sector, according to the Prime Minister.
-A one-off child benefit of 150 euros per child will be granted. It will be paid automatically, at the end of June and will cover nearly 1 million households, comprising over 3 million individuals—approximately 80% of families with children.
-The annual support payment for low-income pensioners, uninsured elderly citizens and persons with disabilities is increased to 300 euros. This benefit, paid every November on a permanent, annual basis, will now cover 1.9 million beneficiaries, or 85% of pensioners over the age of 65.
-Income thresholds are also being raised so that one annual rent reimbursement can be extended to more beneficiaries. This measure will provide relief to an additional 70,000 households, supporting a total of more than 1 million tenants, or 86% of the total, Mitsotakis noted.
The Prime Minister also referred to three initiatives addressing private debt, stressing that these decisions support millions of debtors while simultaneously contributing to economic activity:
-First, the seizure of a debtor’s bank account may now be lifted provided that 25% of the debt has been repaid and other obligations to the tax authorities have been regulated.
-Second, debts ranging from 5,000 euros to 10,000 euros will now be eligible for inclusion in the out-of-court settlement mechanism, benefiting approximately 300,000 individuals.
-Third, debts that became overdue up to December 2023 may now be restructured into up to 72 instalments, provided that any new arrears incurred after 2023 are repaid or properly settled, Mitsotakis stated.
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