Kyriakos Mitsotakis unveils €500M plan in two phases: Diesel support and pension measures

Around 12:00 noon, Eurostat volition certify the fund surplus figures for 2025, and from past on, the countdown to the Prime Minister’s announcements volition begin, authorities spokesperson Pavlos Marinakis revealed yesterday. Based connected the information truthful far, Kyriakos Mitsotakis is expected to marque announcements successful a televised connection astir 13:00, followed by the specifics of the economical staff, namely Kyriakos Pierrakakis and his lawman minister, Thanos Petralia.

Since yesterday and aft the announcement of the announcements, Mitsotakis has been fixed an bid for “general silence” regarding the “mix” of measures. But the basal logic for the allocation of the astir 500 cardinal “left over” to beryllium allocated for this twelvemonth is specific: immoderate measures of an exceptional quality present and immoderate later, arsenic was the lawsuit past year, when, aft Easter, a rent subsidy and a 250 euro subsidy to pensioners were announced, but paid successful November.

According to protothema.gr’s information, the archetypal portion of the measures concerns the absorption of the consequences of the war. Already, astir 300 cardinal euros person been “thrown into the battle” for the substance pass, diesel subsidies, and fertilizer subsidies. Of that, astir 100 comes from the taxation connected effect machines and online casinos, and the different 200 comes from the regular budget. Now, astir fractional a cardinal much volition beryllium drawn, and the indispensable consultation with the Commission has been done owed to the “spending ceilings” present foreseen for Eurozone subordinate states. According to the aforesaid information, the subsidy for diesel astatine the pump is being extended for May, and astir apt for June, arsenic it is an inelastic outgo that concerns the concatenation of commerce. On the different hand, fixed the mild deceleration successful prices, it seems that determination is nary proposition of continuing the substance pass, nor is determination immoderate program astatine this clip to subsidise home energy consumers. Also retired of the treatment is the reintroduction of the marketplace pass, though thing whitethorn beryllium done for fertilizers.

A cardinal absorption of the announcement volition beryllium to boost the enactment pensioners receive. Reportedly, connected the array is an summation successful the magnitude fixed connected a fixed ground successful November from €250 to €300, but besides an summation successful the fig of beneficiaries. Reports that the allowance would beryllium paid “twice” are not confirmed, arsenic it exceeds the budgetary abstraction available.

Mitsotakis volition not halt there, however, according to reports. There is different “surprise” measurement connected the table, which has not been leaked, and it remains to beryllium seen whether a taxation measurement volition “fit” wrong the perimeter of the disposable money. In immoderate case, determination volition beryllium nary speech of nonstop taxation cuts (done astatine the TIF) oregon indirect taxation cuts (long retired of the question).