Fighting cost-of-living crisis is government’s top priority, PM says

Fighting cost-of-living crisis is government’s top priority, PM says

Fighting inflation stands as the conservative government’s primary objective, Prime Minister Kyriakos Mitsotakis said during a parliamentary session on Friday addressing the cost-of-living crisis, where he criticized the opposition’s proposals as unrealistic.

“The cost of living remains the foremost concern for Greek households. It is the elephant in the room. It dominates public opinion polls, overshadowing other everyday life issues,” he said acknowledging the strain caused by high supermarket prices and escalating rents on household finances.

“Combating inflation is a formidable task that demands time, consistent effort, and, above all, a realistic grasp of the situation,” he said, slamming the opposition for offering only “severe criticism and unattainable proposals.”

The prime minister underscored that the most sustainable solution to the problem, which he stressed is not unique to Greece, involves bolstering available income through wage and pension hikes. 

“For months, we’ve been implementing targeted measures to support the vulnerable and counteract profiteering,” he said. “You cannot dispute the steadfast implementation of our policies for wage and pension increases.”

Mitsotakis also defended his recent initiative to correspond with European Commission President Ursula von der Leyen, urging action against practices by multinational corporations that lead to price asymmetries in branded essential consumer goods across the European single market. 

“Greedflation must be addressed at its source,” he said.

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