Finance Minister: Greek government secured rise in households' income

The rise in Greek households’ income, as shown by the Hellenic Statistical Authority for the third quarter of 2022, covers the greatest part of losses incurred by households due to the steep rise of inflation, Finance Minister Christos Staikouras said on Tuesday, according to ANA.

He added that “at a nine-month level, the rise of available income is 10 billion euros compared to 2019.” He said this development resulted from the government’s applied economic policy which focused on reducing taxes and insurance premiums, increasing the minimum wage, improving unemployment figures, and applying significant support measures for households and businesses. “The support is reflected in the 47-billion-euro increase in deposits of citizens from 2019 to the present,” he noted.

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Photo Source: Wikimedia Commons License: CC-BY-SA Copyright: Tilemahos Efthymiadis

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