Greece Supports Renters and Growth

Greece Supports Renters and Growth

Business

Development Minister Takis Theodorikakos emphasized the Greek government's methodical approach to economic policy during an interview with ANT1 on Thursday. He noted that fiscal stability and significant growth have been achieved, allowing the state to support citizens facing financial struggles, CE Report quotes Athens-Macedonian

Referring to a series of newly announced benefits, Theodorikakos said the government is focused on aiding renters, low-income pensioners, and boosting public investment. He explained that these targeted measures were made possible by a budget surplus in 2024, achieved despite reducing over 70 taxes through economic growth and combating tax evasion.

The minister stressed ongoing support for the middle class, including job creation and tax cuts. He also mentioned that funds allocated to incomplete investment projects would be reclaimed, with no exceptions to the law.

Addressing cost-of-living concerns ahead of Easter, he cited lower fuel prices and a drop in meat costs. He reassured tenants that current laws protect them from eviction and highlighted plans to encourage accurate rent declarations, benefiting both renters and public revenue.

Theodorikakos concluded by reaffirming the government's commitment to balanced growth through the upcoming development law, aimed at supporting border regions and small businesses.

Tags

Related articles

Greece to Auction €500M T-Bills
Greece will auction €500 million in 26-week Treasury bills on May 28, maturing on November 28, 2025, the Public Debt Management Agency announced.
Greece Backs EU Investment Plan
Finance Minister Kyriakos Pierrakakis met with EU Commissioner for Financial Services Maria Luisa Albuquerque at the Ministry of National Economy and Finance to discuss the economic outlook in Greece and Europe, focusing on financial sector reforms.
Bulgaria, Egypt to Deepen Ties
Bulgarian Foreign Minister Georg Georgiev met with Egyptian Prime Minister Mostafa Madbouly during his official visit to Cairo, aimed at strengthening bilateral relations.
Sandu Promotes Southern Projects
President Maia Sandu visited southern Moldova today, inspecting major infrastructure projects aimed at boosting connectivity and energy independence.
Rural Shift Key to Food Security
Efforts to boost food security and economic resilience in developing nations must prioritize rural transformation, according to IFAD President Alvaro Lario.
Bulgaria Unlocks EU Funds
Bulgaria has fulfilled its final commitment required to unlock over BGN 10 billion under the second tranche of the National Recovery and Resilience Plan (NRRP), Justice Minister Georgi Georgiev announced Wednesday.