Tax & Spend

Greece Announces Fresh Relief Measures After Budget Outperforms

Kyriakos Mitsotakis announced measures including handouts and an extension of subsidies for fuel.

Photographer: Magali Cohen/AFP/Getty Images

Greece announced fresh economic relief measures worth around €500 million ($587.6 million), after data showed the country’s budget outperformed its targets last year.

The new set of measures include handouts for families with children, relief for more renters, as well as an extension of subsidies for diesel and fertilizer, Prime Minister Kyriakos Mitsotakis said in a televised message.