Kostis Hatzidakis

Dealing with tax evasion has entered the vocabulary of the government's economic policy, at least at the level of statements of intent, after the related discussions during the pre-election period. New Minister of National Economy and Finance Kostis Hatzidakis highlighted it on Tuesday, during the ministry's handover ceremony, saying it is a form of social injustice that must be addressed.

The members of Greece's new government were sworn in on Tuesday in a ceremony at the Presidential Mansion in Athens that was presided over by President Katerina Sakellaropoulou.

New government spokesperson Pavlos Marinakis announced the new ministerial cabinet of Prime Minister Kyriakos Mitsotakis on Monday.

Several prominent ministers were shuffled into new positions, including former foreign minister Nikos Dendias assuming the Defense Ministry and former digital governance minister Kyriakos Pierrakakis taking over as education minister.

With the new cabinet of Kyriakos Mitsotakis expected to be announced on Monday afternoon, sources have said that the frontrunners for the post of Foreign and Finance Ministries are Giorgos Gerapetritis and Kostis Hatzidakis, respectively. 

The Public Employment Agency (DYPA)'s Spiti Mou (My Home) program is set to launch on Monday with the participation of all systemic banks. The program foresees 5,000 loans being taken out by young people and couples aged 25 to 39, with the interest rate limited to a quarter of the normal market rate. If a couple has three or more children, the interest rate will be zero.

Prime Minister Kyriakos Mitsotakis announced on Friday that the government will raise the minimum wage next month, for a third time in little more than a year. 

More specifically, Mitsotakis' conservative administration, whose four-year tenure ends in July, intends to raise the minimum wage by 9.4% to 780 euros per month, beginning April 1.

Greek Prime Minister Kyriakos Mitsotakis announced the new increase in the minimum wage, which will become 780 euros from April 1, ANA-MPA agency reported.

The Greek government will raise the minimum wage next month, the third rise in more than a year, Prime Minister Kyriakos Mitsotakis said on Friday, months before its term ends.

Mitsotakis' conservative government, whose four-year term ends in July, raised the monthly gross minimum wage twice last year to 713 euros as households' incomes took a hit from persistently high inflation.

Around 40,000 pensioners will receive an advance payment of €100 by March 15 for their supplementary pension, and even retroactively for as long as it has elapsed since the issue of the main pension.

The measure of supporting pensioners who did not receive a raise is now being considered by the Ministry of Finance, after the announcement of a such an intervention last Friday by Labor Minister Kostis Hatzidakis.