Four new interventions to address the inflationary crisis were announced by Kyriakos Mitsotakis at the cabinet meeting:
- Expansion of the 72-installment regime to 120, with a minimum payment amount of 30 euros.
- Stricter terms are being imposed on servicers, protecting the consistent debtor from auction or seizure. If a servicer violates an agreed settlement, then the act will be canceled, a fine of up to 500,000 euros will be imposed and the citizen will be credited with 5 installments of the original agreement.
- Heating oil will be kept below 1.75 - it will be announced before October 15.
- For diesel fuel the subsidy at the pump is increased from 10 to 15 cents - The refineries are proceeding with their own offers and with the refineries' discount the relief will reach 20 cents. It will apply for the first half of October.
The prime minister spoke of a “chain storm in all states” and pointed out that “the government's choice is to support society without undermining the resilience of the economy. There is no need for another national crisis within a global crisis,” he noted and underlined that the government interventions will be reviewed every fortnight.
“Any broader initiative must have a European stamp. Greece is submitting a proposal in Brussels so that the member states can acquire extraordinary flexibility in the face of the current crisis,” Mr. Mitsotakis said and made it known that he sent a relevant letter to the Presidents of the Commission and the Eurogroup.