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New 2.2 billion euro economic package from the government to combat high prices

2026-09-06

New 2.2 billion euro economic package from the government to combat high prices

The Greek government recently announced a new economic package worth 2.2 billion euros, aimed at boosting citizens' disposable income. These measures come as a response to the ongoing pressures households are facing due to the high cost of living and the inflation affecting the market.

At the heart of the plan is Prime Minister Kyriakos Mitsotakis' commitment to reduce electricity prices by 30%. The government hopes that this move will provide significant relief to consumers, who see energy bills accounting for a large portion of their monthly expenses.

However, many analysts point out that an increase in disposable income does not necessarily equate to effectively tackling the cost of living. Despite government interventions, prices for basic goods and food remain at high levels, creating difficulties in the daily lives of citizens.

The issue of high prices remains the greatest challenge for the Greek economy. While the new measures aim to provide relief to vulnerable groups, the debate over their effectiveness continues, as citizens wait to see practical results in market prices over the coming months.

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