Mitsotakis presents new economic package: Minimum wage towards 959 euros and fuel subsidies
In his weekly summary of the executive’s work, Greek Prime Minister Kyriakos Mitsotakis has unveiled an ambitious plan of support measures aimed at protecting citizens’ purchasing power in the face of inflation and global uncertainty. The government’s main focus remains the gradual increase in the minimum wage and direct support for living costs.
Minimum wage increase: Target “959 Euros”
One of the most important points of Mitsotakis’ statement was the confirmation of the path towards increasing the minimum wage. The Prime Minister announced that the final objective is that by 2027, the minimum wage in Greece will reach 959 euros. This plan aims to bring the standard of living in Greece closer to the European average, giving breathing space to thousands of families directly affected by this wage band.
Immediate Support: Fuel Subsidy
To cushion the blow from high energy and oil prices, Mitsotakis announced that:
The fuel subsidy platform is expected to open within the next week.
The goal is for the financial aid to be distributed to citizens before the middle of the month.
The government is maintaining budgetary reserves to intervene again if the current international conflict prolongs and worsens the global economy.
“The government is and will remain by the side of every citizen,” Mitsotakis declared, adding that his policies are a “shield” against the uncertainty that has engulfed international markets.
This economic development carries a particular importance for the large community of Albanians living and working in Greece. These measures directly affect their well-being for several reasons:
Improved income: A significant portion of Albanian immigrants work in sectors such as construction, tourism, and services, where pay is often tied to the minimum wage. The increase to 959 euros means more money in their pockets and greater financial stability.
Benefit from subsidies: As tax-paying residents in Greece, Albanians have the right to apply to subsidy platforms (such as fuel), benefiting equally with Greek citizens from government relief.
The power of remittances: Increasing wages in Greece often translates into more opportunities to support their families in Albania, thus positively impacting our national economy.
At a time when the cost of living has increased throughout the region, this plan by the Greek government is seen as a positive signal for economic integration and the security of all workers in the neighboring country, regardless of nationality.