Greece's Economic Policy: Kyriakos Mitsotakis Addresses Pensions and Wage Hike During Thessaloniki Trade Fair
Saturday, 7 September 2024, 13:49
Pensions Increase and Tax Cuts
Prime Minister Kyriakos Mitsotakis outlined bold plans for the Greek economy during his annual speech at the Thessaloniki Trade Fair. Key proposals include:
- Pensions Increase: Aimed at supporting retirees facing rising living costs.
- Tax Cuts: Meant to alleviate the financial burden on citizens and stimulate personal finance.
- Minimum Wage Hike: An essential move to enhance disposable income for workers.
Economic Context and Protests
These announcements come at a time of cost of living protests throughout Greece, reflecting widespread concern over financial pressures affecting ordinary citizens. As policies are set to take effect in 2025, the government aims to reassure the population about the sustainability of the Greek economy under the New Democracy Party.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.