Greeks Promised Tax Relief, Wage Hikes as Protesters Take to the Streets over Cost of Living Crunch
The package includes tax breaks and pay increases for workers, farmers, retirees and public employees as unions protest the cost of living.
- Prime Minister Kyriakos Mitsotakis announced support measures worth $2.3 billion in Thessaloniki on Saturday, promising tax breaks and pay hikes to ease living costs ahead of a general election next year.
- Despite 2.1% economic growth last year, workers in Greece face the lowest purchasing power in the European Union, prompting the government's push for targeted relief amid soaring prices.
- More than 25,000 people protested in Thessaloniki during Mitsotakis's speech, with over 3,000 police officers closing streets and subway stations as farmers drove tractors into the downtown area.
- Yiannis Panagopoulos, head of the GSEE, criticized the package, stating "Wages are low and prices are soaring, so affordability is the most serious problem" for struggling workers.
- Seeking a third term in an election expected next April, Mitsotakis faces political constraints as polls suggest his center-right New Democracy party might not secure a governing majority.
69 Articles
69 Articles
Despite the economic recovery and growth posted by more than 2 per cent since the end of the economic crisis, inflation is rampant and the cost of living continues to rise, without the wages following.
Associated Press News
Greeks promised tax relief, wage hikes as protesters take to the streets over cost of living crunch
Greek Prime Minister Kyriakos Mitsotakis has promised more than 2 billion euros or $2.3 billion in tax cuts, salary increases and other support measures before Greece’s general election next year.
Kyriakos Mitsotakis gave specific dates for the implementation of the measures from the TIF podium, presenting what he described as a "social return calendar"
Kyriakos Mitsotakis at TIF: Package of Measures and the “Horizon” for Their Implementation
THESSALONIKI — Prime Minister Kyriakos Mitsotakis is delivering the opening speech at the inauguration of the 90th Thessaloniki International Fair (TIF) at the “Ioannis Vellidis” Convention Center. According to sources, the speech and the measures that Mitsotakis will announce for the eighth time as prime minister will have the following characteristics: *The first and most distinctive feature of this year’s package of measures is that it is not…
The government's economic program, the new measures that have been announced, are announced by Prime Minister Kyriakos Mitsotakis from the podium of the 90th TIF. Live speech of Prime Minister Kyriakos Mitsotakis at the 90th TIF blogging, the measures announced by the Prime Minister from the TIF Read more at iefimerida.gr The government's economic program, the new measures that have been announced, are announced by Prime Minister Kyriakos Mitso…
Greece's conservative government promised extensive tax cuts and wage increases before next year's general election, while thousands of people gathered to protest Saturday's high cost of living late.
Coverage Details
Bias Distribution
- 46% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
