Greece announces €617 million aid for farmers, expects further drop in gasoline prices

Greek Prime Minister Kyriakos Mitsotakis announced a €617 million support package for farmers during a cabinet meeting. The package aims to alleviate the challenges faced by the agricultural sector and reduce the financial burden on producers. Mitsotakis also stated that further declines in gasoline prices are expected, as the government works to control energy costs.

The support package includes direct payments, subsidies, and low-interest loans. Farmers have been struggling with rising input costs and the impacts of climate change, and this aid is expected to revitalize the sector. Government officials emphasized that the package focuses on small and medium-sized enterprises and promotes sustainable farming practices.

The expected drop in gasoline prices is linked to declining international oil prices and government tax cuts. Mitsotakis said steps are being taken to reduce the pressure of fuel costs on citizens. Economists suggest these developments could help curb inflation.

The meeting also covered planned reforms and infrastructure projects for the second half of the year, including digital transformation, green energy, and healthcare improvements. The government hopes these reforms will accelerate economic growth and enhance the country's competitiveness.

Opposition parties argue that the support package is insufficient and does not address farmers' core issues. However, the government maintains that the package is comprehensive and will be closely monitored. Details are expected to be finalized in the coming days, with payments to farmers beginning soon.