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Greek parliament gives backing to new government’s four-year plan

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Greek parliament gives backing to new government’s four-year plan

by News Wires
July 9, 2023
in World
Greek parliament gives backing to new government’s four-year plan 11 - Egyptian Gazette
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ATHENS  — Greek Prime Minister Kyriakos Mitsotakis’s new government won a key vote in parliament after promising to rebuild the country’s credit rating, create jobs, raise wages and cut taxes.

Mitsotakis, 55, has announced a €9 billion programme that includes one-off handouts to pensioners, pay rises to the public sector and an increase in the tax-exemption threshold by €1,000 for households with children from next year.

Mitsotakis won 158 seats in the 300-seat parliament in a June 25 national election, securing a second term and a clear majority to push ahead with his finance plan. Greece emerged from a huge debt crisis five years ago that rocked the euro zone.

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