“Our priority is to address the cost of living [crisis]” said Greek Prime Minister Kyriakos Mitsotakis during his first meeting after a cabinet reshuffle last week with Development Minister Takis Theodorikakos.
Mitsotakis announced the extension of support measures for an additional six months in an attempt to ease Greeks’ increasing concern over the rising the cost of living.
“We will continue to implement bold structural reforms on the market for at least another six months,” he said after acknowledging that the European parliament election results were far from expected.
Mitsotakis went on to add that Greece reported the seventh lowest inflation rate in Europe in May. “Our policies have begun to bring results. This policy will soon lead to even more substantial measurable results” he said, adding that the goal was to reduce the prices of goods especially of food items.
Among other actions, Mitsotakis said the government would continue to tackle unfair market practices by multinational companies and reiterated his call for joint action on an EU level.
The Greek PM has sent a letter to the European Commission President Ursula von der Leyen in which he argues that multinationals are selling at different prices in smaller markets.
