Greece to Distribute €2.2B in Pre-Election Handouts

The Greek government plans to redistribute €2.2 billion to households in 2027, including a €500 bonus and minimum wage increase, funded by improved public finances. This move, ahead of spring elections, signals a shift from austerity to populist measures. The sustainability of these handouts and their impact on fiscal stability remain uncertain, but they are likely to boost short-term consumer spending and political support.