{"id":11265,"date":"2026-06-17T14:39:00","date_gmt":"2026-06-17T11:39:00","guid":{"rendered":"https:\/\/en.tomanifesto.gr\/?p=11265"},"modified":"2026-06-17T14:39:00","modified_gmt":"2026-06-17T11:39:00","slug":"kyriakos-pierrakakis-there-will-be-fiscal-room-for-new-measures-to-support-society","status":"publish","type":"post","link":"https:\/\/en.tomanifesto.gr\/?p=11265","title":{"rendered":"Kyriakos Pierrakakis: There will be fiscal room for new measures to support society"},"content":{"rendered":"<p>New support measures for society were announced by the Minister of National Economy and Finance <b>Kyriakos Pierrakakis<\/b>.<\/p>\n<p>\u201cThere will be room for new measures; that\u2019s a given\u2014I can tell you that right now. <b>There will be  fiscal space, and there will also be concrete support for society<\/b>,\u201d he specifically said in an interview he gave on the program \u201cMorning Interventions\u201d on the Patras radio station MAX FM 93.4.<\/p>\n<p>    As he said, \u201c<b>we are discussing the overall fiscal space\u2014that is, the amount  and the mix of specific measures that the prime minister will announce  (editor\u2019s note: at the TIF)<\/b>. But I can tell you from the outset that there will be room, there will be interventions, and there will be measures in this general direction that we are discussing.\u201d Meanwhile, with the so-called <b>\u201cenergy escape clause\u201d<\/b>, there are also additional measures specifically targeted at <b>energy investments<\/b>. This, he added, is a separate part of the announcements the prime minister will make at the Thessaloniki International Fair.<\/p>\n<h3>A battle on three fronts, to be precise<\/h3>\n<p>   When asked  about the issue of inflation, Mr. Pierrakakis stated that the \u201cbattle\u201d is being waged on<b> three fronts<\/b>: <b>Increasing incomes, reducing tax  and social security contributions, and strict controls against  profiteering and unfair practices<\/b>. \u201cI\u2019d put it even more broadly: the best response to inflation is to have more and better-paying jobs. To have more disposable income\u2014higher disposable income. And to have an economy that grows in a way that benefits every household. That is where every policy is judged. I won\u2019t claim that the problem has therefore been solved. What I will say is that <b>our economic policy has as its top priority closing the gap between price increases and citizens\u2019 disposable income<\/b>, and we are constantly striving to strengthen this,\u201d he added emphatically. <\/p>\n<p>   Regarding <b>private debt<\/b>, the minister stated that \u201cdespite the economy\u2019s significant progress,  there are still citizens who are carrying the burdens of the past.  They need a chance to start over. We cannot talk about  growth that benefits everyone unless we also provide a solution for these  fellow citizens of ours.\u201d That is why, he added, we are implementing a package of measures that constitutes a comprehensive \u201csecond chance\u201d policy. These include lowering the threshold for enrollment in the <b>out-of-court debt settlement mechanism from 10,000 to 5,000 euros, the option to settle debts in 72 installments, the increase in the non-seizable threshold from 1,250 to 1,600 euros<\/b>, the option to unfreeze  frozen accounts for anyone who is consistent in their repayment plan, and the  two measures to protect primary residences (the operation of the Real Estate Acquisition and Leaseback Agency and the protection of the primary residence through the out-of-court mechanism). <\/p>\n<p>    Finally, in response to a question regarding<b> Achaea,<\/b> he replied that  in general, in Western Greece, there is a significant effort underway, with  results that are beginning to emerge. He concluded by saying that the region has great potential. \u201c<b>Achaea has significant advantages. I  believe that in the coming years it can play an even  greater leading role in the country\u2019s development. <\/b>Our job is to create the conditions so that this potential translates into more and better-paying jobs, higher incomes, and ultimately greater optimism for all citizens.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kyriakos Pierrakakis, Minister of National Economy and Finance, announced new measures to support society. \u201cThere will be room for new &#8230;<\/p>\n","protected":false},"author":1,"featured_media":11266,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[],"class_list":["post-11265","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy"],"acf":[],"_links":{"self":[{"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/posts\/11265","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11265"}],"version-history":[{"count":0,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/posts\/11265\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/media\/11266"}],"wp:attachment":[{"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11265"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11265"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11265"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}