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Greece Allocates €1 Billion for Social Support and Infrastructure Boost

In April 2025, the Greek government announced a significant €1 billion support package, following the country’s stronger-than-expected fiscal performance in 2024, with a primary surplus of 1.3% of GDP.

Prime Minister Kyriakos Mitsotakis stated that the surplus will be reinvested to benefit households, vulnerable groups, and key national infrastructure.

Key measures include:

  • One month’s rent refund for approximately 948,000 households — covering about 80% of all renters in Greece.

  • An annual €250 support payment for 1.4 million people, including pensioners, people with disabilities, and uninsured citizens.

  • An additional €500 million injection into the Public Investment Program to accelerate development of social and infrastructure projects across the country.

Why it matters:

According to Finance Minister Kostis Hatzidakis, the surplus was driven by solid economic growth, record tourism performance, and improved tax collection. “We didn’t just meet the target — we exceeded it. Now we’re turning results into tangible benefits for the Greek people,” said the Prime Minister.

Context:

Greece continues to rebound from the challenges of the past decade, showing strong performance in foreign investment, exports, and tourism. The country remains a top destination for international property buyers and Golden Visa applicants.

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