In response to the rising cost of living and perceived government inaction, the SYRIZA party in Greece has proposed four key amendments targeting price gouging and the protection of citizens. These amendments are a direct critique of Prime Minister Mitsotakis's government, which SYRIZA accuses of failing to confront powerful cartels and vested interests that exacerbate inflationary pressures in the economy.

The proposed amendments include the temporary zeroing of VAT on basic goods, such as food and pharmaceuticals, and a permanent reduction of VAT rates on the islands. This proposal aims to significantly alleviate living costs for vulnerable populations, particularly in areas where transportation and living expenses are particularly high. The amendments suggest a six-month period of VAT zeroing on essential goods, which could be extended based on the prevailing economic situation, while the VAT reduction for island residents is designed to be a lasting measure from January 2026.

This move by SYRIZA reflects a broader push within the Greek political landscape to address economic issues that impact everyday citizens directly. The amendments are expected to ignite discussions within the Parliament as the government faces increased pressure to respond effectively to inflation, which remains a critical issue in Greece post-pandemic. As the political climate evolves, these proposals may reshape the discourse around economic policy and consumer rights in the country.