Greek Government Returns to Work Post-Summer, Prioritizing Reforms and Economic Growth

08:25 28/8/2024 - Πηγή: iEfimerida

The Greek government resumes its activities after a brief summer break, meeting today at 11 AM.

Prime Minister Kyriakos Mitsotakis is expected to set the political agenda for the coming months during his opening remarks, ahead of his detailed

presentation at the Thessaloniki International Fair (TIF) next week, where he will outline the government’s economic strategy and key goals.

Mr. Mitsotakis is likely to emphasize the need for "focused work and the advancement of reforms to address the pressing concerns of citizens."

The ongoing rise in the cost of living, from supermarket prices to housing rents, is a significant challenge. The government is urgently exploring measures to address this issue while maintaining fiscal discipline under the Stability Pact, which limits excessive spending.

The government’s focus extends beyond economic issues to daily challenges and structural reforms within the state.

Mr. Mitsotakis' recent announcements in Thessaloniki—including the launch of the city's Metro on November 30 and the completion of the flyover by 2027—are part of a broader strategy to boost regional development.

The strategy will be a key element in the government’s political and communication efforts moving forward.

During the Cabinet meeting, Mr. Mitsotakis is expected to urge his ministers to defend the government’s achievements over the past year. Despite various challenges, the administration has managed to control prices and implement significant reforms, such as the introduction of private universities.

The meeting will also review legislative initiatives aimed at stimulating economic growth and improving daily life for citizens.

Finance Minister Kostis Hatzidakis and Development Minister Takis Theodorikakos will present a bill offering incentives for business innovation and mergers, including tax breaks and additional financial support from EU Structural Funds and the Development Bank. The legislation proposes increased grants for investments by companies formed through mergers, providing them with resources for growth and innovation.

Deputy Finance Minister Nikos Papathanasis will report on the progress of the Recovery and Resilience Fund, a critical element for advancing projects and ensuring liquidity in the market.

Additionally, Justice Minister Giorgos Floridis will introduce a bill to combat domestic violence, while Public Order Minister Michalis Chrysochoidis will present legislation to reorganize the Hellenic Police Headquarters and upgrade the Police Academy.

By Giannis Kantelis

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