Greece to unveil costed policy package at Thessaloniki

New Democracy spokesperson Alexandra Sdoukou said the measures have already been finalized and will be “fully costed,” permanent and fiscally safe, arguing that the government has room to act because of stronger growth and tighter tax compliance. In Greek political terms, that is an attempt to distinguish Mitsotakis from the opposition, which she accused of promising spending that cannot be financed under European budget rules.

The economic logic is straightforward. If Athens is right that better growth and lower tax evasion have created fiscal space, then the package should reinforce consumption without derailing the budget path that has underpinned Greece’s recent market credibility. If it is too generous, the risk is a renewed debate over spending discipline at a time when European caps on expenditure growth remain binding.

For households, the stakes are immediate. Sdoukou said the measures will reach families, workers, pensioners and self-employed professionals, acknowledging pressure from high living costs and the housing problem. That suggests the package is likely to mix targeted relief with politically useful measures aimed at broadening the government’s support base.

For markets, the bigger issue is whether this becomes another step in Greece’s post-crisis normalization or a return to election-cycle fiscal looseness. Investors have rewarded Athens for relative stability, lower perceived sovereign risk and a more credible policy mix than in the debt crisis years. A disciplined package could help preserve that premium. A loose one could revive questions about fiscal slippage just as the government tries to argue that the economy is generating durable room for maneuver.

The political backdrop also matters. Mitsotakis has said elections will come at the end of the four-year term, and Sdoukou reiterated that this is not the start of a prolonged campaign. That is important because it signals the government wants to keep policy-making focused on execution, not just positioning. It also gives officials time to point to visible delivery in health care, infrastructure and other public services before voters pass judgment in 2027.

The underlying narrative is that Greece’s government is trying to convert macro improvement into political capital without breaking the fiscal rules that made the recovery credible. The package to be announced in Thessaloniki will be judged less by its rhetoric than by whether it can support growth, ease household strain and stay inside the budget envelope.