- Mitsotakis leads the government of Greece, and Kyriakos Pierrakakis serves as the Economy Minister.
- The Greek government, led by Kyriakos Mitsotakis, is finalizing a relief package, including the establishment of a new agricultural entrepreneurship fund via the Hellenic Development Bank.
Greece announces household support package to combat energy inflation
What happened
Minister Kyriakos Pierrakakis announced a two-pronged support package for households in Greece to ease pressure from the international energy crisis. The package includes increasing the heating allowance by 30 percent from last year and introducing a direct subsidy at the pump to reduce heating oil prices. Separately, Greece's annual consumer price inflation reached 5 percent in September.
From english.news.cn
Why it matters
The measures aim to contain rising fuel costs, as transport prices increased by 11.3 percent and fuels rose by 14.7 percent year-on-year. The government also raised the diesel subsidy from 10 to 15 euro cents per liter for a two-week period.
The Greek government, led by Kyriakos Mitsotakis, is finalizing a relief package that includes establishing a new agricultural entrepreneurship fund via the Hellenic Development Bank.
From english.news.cn
Who's involved
- GreeceThe country implementing the support measures and facing inflation.
- Kyriakos PierrakakisThe Minister of National Economy and Finance who announced the support package.
- Kyriakos MitsotakisThe Prime Minister leading the government of Greece.
Keep exploring
Part of
The Greek government, led by Kyriakos Mitsotakis, is finalizing a relief package, including the establishment of a new agricultural entrepreneurship fund via the Hellenic Development Bank. All 2 developmentsWithin Mitsotakis leads the government of Greece, and Kyriakos Pierrakakis serves as the Economy Minister.
The entities involved
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Greece
country in Southeast Europe
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Kyriakos Pierrakakis
Greek politician
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Related events
- Prime Minister Kyriakos Mitsotakis announced a new aid package for Greece on September 1.
- Kyriakos Mitsotakis, Prime Minister of Greece, addressed policy matters while in Thessaloniki.
- Kyriakos Mitsotakis announced the details of the aid package for Greece, specifically regarding the payment program.
- Mitsotakis supports the return of the Parthenon Marbles and plans early elections in May.
- Greece's Prime Minister has launched a national initiative to reduce prices across the country.