Prime Minister Kyriakos Mitsotakis addressed the latest developments surrounding the Greece–Cyprus electricity interconnection in his regular Sunday review, highlighting the issuance of the relevant permit and NAVTEX notice for the survey and laying of the undersea cable between Crete and Cyprus.
The Prime Minister also focused on the extension of the National Price Reduction Initiative through the end of 2026, new arrangements for borrowers, and the payment schedule for agricultural subsidies.
Reduced prices on 1,000 products and a fixed 3% interest rate for borrowers
Kyriakos Mitsotakis announced that approximately 1,000 essential products will continue to be available at lower prices until the end of the year, as part of the extension of the National Price Reduction Initiative.
He also revealed that from December 1st, vulnerable and eligible debtors entering the out-of-court settlement mechanism will be able to benefit from a fixed interest rate of 3% for the entire duration of their arrangement.
Agricultural subsidies: when payments will be made
Particular emphasis was placed on agricultural support, with the Prime Minister noting that payments to approximately 40,000 beneficiaries are already underway.
According to the timeline he presented, advance payments of agricultural subsidies are scheduled to be disbursed by November 30th, while final settlements are expected to be completed within December.
90 government priorities and developments in the US
In his Sunday review, the Prime Minister also touched on political developments in the United States, as well as the government’s planning for the period ahead.
In this context, he outlined 90 government priorities for the coming six months, which form the framework of planned government initiatives.
Organized crime, national health fund reforms, and municipal funding
Kyriakos Mitsotakis also referred to the results of the Organized Crime Division, financial support for municipalities, and changes affecting the national health fund (EOPYY).
He additionally mentioned the procurement of aerial refueling aircraft, while a notable highlight of his post was the return of 48 ecclesiastical relics to Serres from Bulgaria — a development of particular significance for the cultural and religious heritage of the region.
