Mar 23 • 07:36 UTC 🇬🇷 Greece To Vima

Mitsotakis: The 4 measures announced for April-May

Greek Prime Minister Kyriakos Mitsotakis announced a series of economic support measures to alleviate the impact of the war in Iran on society.

Greek Prime Minister Kyriakos Mitsotakis has announced a new set of economic support measures aimed at mitigating the effects of the war in Iran on the Greek society. These measures, detailed in a forthcoming press conference by key economic officials, include targeted financial interventions totaling 300 million euros over the months of April and May. The government's focus appears to be not only on immediate economic relief but also on addressing the rising costs of essential goods and services in light of international instability.

The outline of the proposed measures includes subsidies for diesel fuel, which will lower the effective price paid by consumers, as well as the introduction of a Digital Fuel Card designed to support citizens facing increased gasoline prices. Farmers will also benefit from a reimbursement scheme covering 15% of fertilizer purchase costs, aiming to ease the financial pressures due to sudden spikes in prices. Additionally, the government intends to compensate ferry companies affected by the rising operational costs, particularly those servicing the islands, reflecting the broader economic concerns within the maritime transportation sector.

These initiatives mark a proactive stance by the Greek government to provide financial cushions to various sectors of society impacted by external economic pressures. With inflation and cost-of-living issues becoming more pronounced, such measures will likely be scrutinized for their effectiveness in bringing relief and aiding recovery as Greece navigates the economic aftermath of the current geopolitical climate.

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