Summary
- Greek Prime Minister Kyriakos Mitsotakis plans to increase pensions and reduce social security contributions to address cost of living crisis.
- Focus on boosting purchasing power, increasing funding for education and healthcare, and addressing housing and birthrate issues.
- Government plans to spend 3 billion euros in 2025 on these measures, equivalent to about 1.5% of GDP.
- Mitsotakis aims to balance voter appeasement with fiscal prudence following the country’s recovery from a debt crisis.