The Straits Times World News
· collected 2026-09-06 · by The Straits Times
Greek Prime Minister Kyriakos Mitsotakis announced tax cuts and wage hikes worth €3.5 billion on Saturday, equivalent to 1.5% of Greece's GDP. The measures are intended to boost income for various groups, including pensioners and public servants. Mitsotakis dismissed speculation about snap elections this year, stating that he believes his party can secure an outright majority in the 2027 general election. According to opinion polls, his centre-right government remains ahead with support above 30%, despite slipping from its initial 40.5% share of the vote in 2023.
Written by the local model on 2026-09-06,
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Claims extracted
9
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Uncertain
11%
1 of 9 hedged
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Centre
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Publisher trust
94.9
red-flag proxy, not a credibility rating
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Narrative spread
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Leaning score +0.15 for article 5219 (high confidence, 1 verified quote) · logged 2026-09-06
Greek PM rules out snap elections after unveiling tax cuts, wage hikes
ATHENS, Sept 6 - Greek Prime Minister Kyriakos Mitsotakis ruled out snap elections on Sunday a day after announcing a string of tax cuts and wage hikes, as he seeks to recover lost ground in opinion polls ahead of a general election due next year.
His centre-right government, which was re-elected with 40.5% of the vote in 2023 promising to increase incomes, remains ahead in opinion polls but support has slipped to below 30% amid a protracted cost-of-living crisis and allegations of corruption.
asserted
support → rule → corruption
"Elections will be held in spring 2027," he said during a press briefing on Sunday, dismissing media speculation about snap elections this year.
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he → hold → elections
He added that he believed his party could still secure an outright majority and win a third consecutive four-year term.
uncertain
party → add → term
On Saturday, Mitsotakis announced income tax breaks and wage hikes worth €3.5 billion ($4.06 billion), equivalent to 1.5% of GDP, to be rolled out over the next four years.
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Mitsotakis → announce → years
He also pledged to cut unemployment to 6% and reduce public debt to below 110% of GDP by 2030.
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He → pledge → 2030
The measures include an annual bonus of €400 for pensioners and €500 for public servants, a zero tax rate on annual incomes of up to €20,000 for farmers and families with three children, and a gradual reduction in advance tax payments for the self-employed and businesses to 50%.
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measures → include → %
After a financial crisis in 2009 that triggered fears Greece would crash out of the euro zone, the country is now one of the best-performing in Europe.
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country → trigger → Europe
Greece's economy is expanding at an annual rate of 2%, outpacing the euro zone average.
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economy → expand → average
It expects a primary surplus of about 4% this year, double what was initially expected, giving fiscal space to fund the new measures.
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what → expect → measures
