World

Athens gives citizens €650 mil to cope with food price rises

State to repay citizens for purchases made each month, for six months starting Feb

Updated 3 years ago · Published on 18 Dec 2022 6:30PM

Athens gives citizens €650 mil to cope with food price rises
Trying to help as many households as possible, Greek Prime Minister Kyriakos Mitsotakis says the €650-million programme is to be financed by surplus taxes on the country’s refineries. – AFP pic, December 18, 2022

ATHENS – The government in Athens wants to give Greeks a helping hand from February because of steep food price increases reported dpa. 

Greek Prime Minister Kyriakos Mitsotakis announced in the Greek Parliament yesterday evening that the state would pay 10% back to citizens for food purchases up to a certain amount. This measure will apply in the six months from February, he added. 

The 10% repayments will be made for single people for food purchases up to €220 (RM1031) per month. For each additional member of a family, the limit will increase by €100 up to a maximum of €1,000 of food purchases per month, the conservative government leader announced. 

“We are trying to help as many households as possible,” he said. 

The €650-million programme is to be financed by surplus taxes on the country’s refineries, he said. The government’s measure does not have to be approved by Parliament. 

Couples earning up to €24,000 a year will benefit from the programme. For each child, €5,000 will be added. More than 85% of the country’s taxpayers should be helped with this programme, Mitsotakis estimated. – Bernama, December 18, 2022

Related News

Malaysia / 2y

Anwar announces cheaper egg prices effective today

Malaysia / 2y

Restaurants not raising prices to retain customer goodwill

Malaysia / 2y

1-in-2 face financial difficulty in buying food, says UCSI survey  

Malaysia / 2y

Foreign media reports on fuel price hike not true, says Fahmi

Malaysia / 2y

Grow your own vegetables, CAP tell M’sians as market prices shoot up

Malaysia / 2y

Make display of govt-recommended prices mandatory to curb profiteering: activist

Spotlight

Malaysia

Haze: Schools in Johor, Melaka, and Negeri Sembilan to close tomorrow

Malaysia

Tun Mahathir’s health improves, but not ready to leave hospital

Malaysia

LPT3 row puts Kelantan’s infrastructure priorities under scrutiny

Malaysia

Terengganu royal family member sues two banks over RM1.99m missing from savings

Malaysia

Irene Sofiya murder probe referred to Johor prosecutors for review

Malaysia

Teacher denies negligence charges over fatal school SUV crash in Kota Bharu

Malaysia

Sulaiman Md Ali opts out of Melaka polls, will not defend Lendu

You may be interested

World

North Korea test-fires tactical ballistic missile amid rising regional tensions

World

Five Malaysians held in Tokyo over RM3.1m cocaine haul hidden in shoes

World

IMF warns AI sell-off; Soaring bond yields could trigger global market turmoil

World

Houthi attacks hit Riyadh, Dammam airports as Saudi Arabia faces mounting security threat

World

Fresh magnitude-6 earthquake strikes Panama after deadly tremor

World

Iran says US response on Hormuz Strait reopening proposal falls short

World

Indonesia rules out national disaster status for forest fires despite regional haze