Mitsotakis Unveils €3.5 Billion Stimulus to Reverse Political Slide

The Prime Minister’s decision to rule out snap elections signals a strategic pivot toward long-term economic recovery rather than defensive campaigning. Despite securing a robust 40.5% electoral mandate in 2023, the center-right administration has struggled to maintain momentum as allegations of corruption and stubborn inflation erode voter confidence. This new fiscal strategy targets structural unemployment and national debt, leveraging Greece’s gradual emergence from the shadow of its 2009 financial collapse.

The stimulus package prioritizes immediate relief for low-income sectors through targeted tax breaks and performance bonuses for public sector workers. By focusing on household income, Mitsotakis aims to reconnect with a disillusioned electorate before the next scheduled vote. Whether this injection of liquidity provides sufficient stability to overcome current domestic criticism remains the defining challenge for his remaining years in office.