Greece invests 2.2 billion euros to boost jobs
Greece has reached a plan to increase citizens' income before the upcoming elections, including tax exemptions and wage hikes worth 2.2 billion euros by 2027. The measures include an annual grant of 400 euros for retirees and 500 euros for public sector workers, in addition to tax exemptions for low-income earners and reduced contribution fees for self-employed individuals and small businesses. This step comes as part of the government's efforts to strengthen the economy and improve living standards, despite a decline in popular support due to the rising cost of living crisis and corruption allegations. The program aims to raise the minimum wage to 950 euros this year, with an increase to 1,000 euros by 2028, as the Greek economy recovers with an annual growth rate of around 2%, and an expected primary surplus of approximately 4% of GDP.
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