Inflation triggers political machinations, move to increase budget spending

PoliticsGreek Politics Tags: Budget, Cost of living, KINAL, Mitsotakis, New Democracy, SYRIZA
Photo by MacroPolis
Photo by MacroPolis

The government is set to submit a supplementary budget that will allow it to increase spending by as much as 2 billion euros compared to the initial budget for 2022, underlining the pressure that New Democracy is under to find solutions to the cost-of-living crisis, not only to help households and businesses but also to stop the party’s slide in opinion polls.

Finance Minister Christos Staikouras revealed on Wednesday that an adjustment to this year’s economic plan is being prepared and will be tabled in Parliament shortly. He explained that the intervention will increase this year’s government spending ceili...

You need a subscription to access our analysis. Please choose one of the packages available.

If you are already registered, please sign in.

Full Access

A tailor-made service for professionals

Apart from having access to all our analysis and data, subscribers will be able to consult one-on-one with our analysts.

Free Access

Read some of our analysis for no charge

By signing up to MacroPolis, readers will be able to read two of our articles without charge each month. They will not have access to our data or weekly e-newsletter.

Standard Access

Our analysis and data at your fingertips

Subscribers will be able to read the full range of our articles, access our statistics and charts, and receive our weekly e-newsletter for €450 per year.