[Greece] Prime Minister announces pension boosts and wage hike in economic plan

In Greece, during his annual speech at the Thessaloniki International Fair, Prime Minister Kyriakos Mitsotakis presented his economic agenda for the next year, Euronews reports.

The Prime Minister laid out nine challenges that his government faces. 

These reportedly include the convergence of public and private sector wages, employment growth, green transition and effective response to demographic and climate crises.

"I do not carry with me today a bag of frivolous benefits, but only suggestions for useful and effective options," Mr Mitsotakis said, noting that he was speaking at a time when eight states, including major economies such as Italy and France, have already been placed under surveillance by the European Commission for overspending. 

"I personally will not allow this to happen in Greece," he said.

Among the 45 measures the PM announced, are higher pensions for 2,000,000 pensioners as of the beginning of next year and a new increase in the minimum wage as of April.

The government reportedly intends to spend €3 billion - 1.5 per cent of Greece’s GDP - on the measures in 2025 alone.

Source: Euronews

(Quote via original reporting)

In Greece, during his annual speech at the Thessaloniki International Fair, Prime Minister Kyriakos Mitsotakis presented his economic agenda for the next year, Euronews reports.

The Prime Minister laid out nine challenges that his government faces. 

These reportedly include the convergence of public and private sector wages, employment growth, green transition and effective response to demographic and climate crises.

"I do not carry with me today a bag of frivolous benefits, but only suggestions for useful and effective options," Mr Mitsotakis said, noting that he was speaking at a time when eight states, including major economies such as Italy and France, have already been placed under surveillance by the European Commission for overspending. 

"I personally will not allow this to happen in Greece," he said.

Among the 45 measures the PM announced, are higher pensions for 2,000,000 pensioners as of the beginning of next year and a new increase in the minimum wage as of April.

The government reportedly intends to spend €3 billion - 1.5 per cent of Greece’s GDP - on the measures in 2025 alone.

Source: Euronews

(Quote via original reporting)