The conservative premier said state coffers for natural disasters would be doubled to €600 million next year.
Storm Daniel killed 17 people in Greece last week and deadly wildfires in the north of the country this month.
The conservative premier said state coffers for natural disasters would be doubled to €600 million next year, drawn from a tax on luxury hotel accommodation. Tourism is the driver of Greece’s economy, which emerged from a debt crisis in 2018. In his speech from the northern city of Thessaloniki, Mitsotakis referred to the challenges the country faces due to climate change, and the financial support Greece can get from Europe. But he added that “Greece’s economy is strong enough to withstand it”.
“My speech today will not include new, pompous benefits,” Mitsotakis said. “I will never put at risk the fiscal stability which constitutes the bedrock of our progress. I will never allow us to go through the trauma of a national bankruptcy.” Greece expects its economic growth to slow to 2.3% this year, from 5.9% in 2022, still outpacing the euro zone average of about 0.6%. It is expected to achieve a primary surplus of 1.1% this year and meet its 2 billion euro annual target in privatisations receipts.
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