Greek prime minister announces relief measures of up to $5.6 billion

«Division and demagoguery only breed defeat, while unity and truth only lead to victories,« he said before announcing the measures his government is planning to implement.

He said that «after 12 years of memoranda, Greece has now regained its economic autonomy from financial supervision, while it plays a leading role in development and exports.»

Mitsotakis said 2.3 million vulnerable citizens will receive €250 in December as he tackled the much-anticipated energy aid.

Greece, like the rest of Europe, has suffered the consequences of the Russian military operation in Ukraine which has sparked a European energy crisis pushing governments to take multibillion euro relief measures to help their citizens from rising costs.

Mitsotakis specifically said subsidies last year amounted to €174 million while this year it will reach €300 million.

The measures include relief for vulnerable citizens, an increase in housing allowance for students and €150 million in emergency subsidies to farmers to cover fuel increases and livestock feed and a discount on insurance contributions.

As of May 2023, minimum salaries will increase and pensions will also see an increase, he said, adding that wages in the National Health Service and armed forces will also be boosted.

The so-called ‘solidarity contribution’ will be permanently abolished while a lower VAT on several sectors will be extended. In construction, VAT is suspended until the end of 2024 to boost building activity.

«Either we give progress a second chance or we risk disaster a second time,» he said.

«What we have achieved is not a given -- with one wrong move everything can be demolished,» said Mitsotakis.

Earlier, hundreds gathered near the Fair which was barricaded with thousands of police officers.

Members from the two largest private and public unions, the General Confederation of Greek Workers and the Civil Servants Confederation marched chanting slogans against the energy rise and the increase in prices.