Greece Balances Budget Goals with New Relief Measures for Households
The Greek government is preparing a new round of tax relief measures aimed at easing the financial pressure on salaried workers and pensioners, as it navigates an uncertain economic landscape marked by geopolitical tensions and inflationary concerns. Officials at the Ministry of National Economy and Finance are keeping a close eye on the situation in the Middle East, particularly the possibility of an escalation in the Israel-Iran conflict. They warn that such developments could have ripple effects across key sectors of the Greek economy, potentially driving up inflation and eroding the purchasing power of households. At the same time, the government is looking into ways to tackle profiteering in the market, seeking to protect consumers from unjustified price hikes. Despite the broader international uncertainty, Greece's economic leadership remains committed to advancing a package of tax cuts and benefits that is expected to be...
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