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European Union · Updated 3h ago

The ageing Union's economy

Italy's diesel tax cut extension is a modest national fiscal measure; no EU-level funding or governance shift this cycle.

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© H Kαθημερινή
Government·2h ago

Greek cabinet meets on 24 August to review Greece 2.0 and retail price cuts

Prime Minister Kyriakos Mitsotakis chairs a cabinet meeting at the Maximos Mansion on Monday to address retail price caps, school openings, regional development, and spatial planning.

Economic recovery and development framework

The Greek cabinet convenes at 11:30 on Monday, 24 August 2026, at the Maximos Mansion in Athens under the leadership of Prime Minister Kyriakos Mitsotakis. The ministerial session covers seven distinct agenda items focused on economic governance, living costs, public education, territorial cohesion, and spatial planning ahead of the autumn term. Central to the meeting is the formal evaluation of the National Recovery and Resilience Plan, titled Greece 2.0. Minister of State Akis Skertsos and Alternate Minister of National Economy and Finance Nikos Papathanasis present the completion review of the plan, detailing the implementation status of structural reforms and fund distribution. Following the review, Nikos Papathanasis introduces a separate draft bill focused on the long-term management and reinforcement of state development programs.

Key milestones on the Greek cabinet agenda
  1. Aug 24, 11:30 AMCabinet convenes at the Maximos Mansion to review seven policy items
  2. Aug 31, 2026National Social Agreement activates with price cuts of 5% to 20% on up to 1,500 products
  3. 2026-09Start of the new school and academic year across primary, secondary, and higher education
  4. 2030Target horizon for the Region 2030 territorial cohesion framework

Retail price measures and school reopening

The cabinet reviews concrete market interventions intended to alleviate household living costs across the country. Minister of Development Takis Theodorikakos provides an update on the rollout of the National Social Agreement for price reductions. This agreement is scheduled to take effect on 31 August 2026, establishing weighted average price cuts ranging between 5% and 20% on up to 1,500 consumer products. The measure focuses on retail staples ahead of the autumn demand cycle. Alongside price controls, Minister of Education, Religious Affairs and Sports Sofia Zacharaki presents a comprehensive report on the upcoming school and academic year. Her briefing outlines administrative readiness across Greek schools and universities, while detailing the pedagogical and operational innovations scheduled to debut when classes resume in September.

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Territorial cohesion and regional policy

Regional policy and geographical balance represent a core section of the ministerial agenda under the Region 2030 initiative. Deputy Prime Minister and Minister of State Kostis Hatzidakis, alongside Deputy Minister to the Prime Minister Thanasis Kontogeorgis, presents the strategic pillars governing territorial cohesion across the country. Their joint presentation details structural initiatives to support peripheral regions, focusing on the activation of the Government Committee for Insularity and the Special Secretariat for Mountainous Areas. These specialized bodies are designed to address regional inequalities, deliver administrative support to remote island municipalities, and coordinate public infrastructure projects tailored to mountainous Greek communities.

Spatial planning for energy and tourism

The cabinet agenda concludes with two separate regulatory proposals concerning land-use guidelines for commercial development and clean power. Minister of Environment and Energy Stavros Papastavrou joins Minister of Tourism Olga Kefalogianni to present the new Special Spatial Planning Framework for tourism, which sets updated zoning standards, regional caps, and operational criteria for hospitality investments. Immediately following, Stavros Papastavrou, working alongside Deputy Minister of Environment and Energy Nikos Tsafos and Deputy Minister Maria-Eleni Soukouli-Viliali, presents the new Special Spatial Planning Framework for Renewable Energy Sources. This regulatory framework establishes precise spatial criteria, grid compatibility rules, and installation boundaries for renewable energy infrastructure across Greece.

Athens
Kyriakos MitsotakisNikos PapathanasisSofia ZacharakiKostis HatzidakisStavros PapastavrouOlga Kefalogianni
AthensKyriakos MitsotakisStavros PapastavrouKostis ChatzidakisNikos PapathanasisOlga KefalogianniSofia Zacharaki

2 sources

  • Υπουργικό Συμβούλιο: Συνεδριάζει τη Δευτέρα - Η ατζέντα
    H Kαθημερινή·15h ago
  • Υπουργικό Συμβούλιο: Μειώσεις τιμών, έναρξη σχολικής χρονιάς και Σχέδιο Ανάκαμψης
    ΣΚΑΪ·16h ago

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