Greece Posts €11.4B Surplus in 2024, Launches €1B Social Support and Housing Plan

May 01, 2025 Kriti Keshari

Greece reported a €11.4B primary surplus in 2024 4.8% of GDP exceeding all fiscal expectations

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PM Mitsotakis launched a new €1B support plan focused on vulnerable citizens and public development

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€250M is allocated to aid 1.5 million low-income pensioners and disabled citizens with yearly bonuses

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A €250 net benefit will be permanently given each November to qualifying pensioners and uninsured elderly

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With rents surging, the government will introduce subsidies and boost social housing development

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Targeted efforts aim to reduce rent burdens and expand access to affordable housing for citizens

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The Public Investment Programme’s budget will grow by €500M yearly to fuel national development

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