Sunday, September 07, 2025

Greek PM unveils tax breaks for all amid cost of living crisis

Good news! Will Greece be the next Greek tiger like Ireland (Celtic tiger) before?

What! Greece has a government budget surplus!

"Summary
  • Tax reform includes lower rates, zero tax for low-income families, youth
  • Mitsotakis' party ratings drop amid cost of living crisis, corruption claims
  • Protesters demand higher salaries, justice for 2023 train crash victims
...

Strong economic growth, a higher-than-expected budget surplus and more comprehensive tax collection will help finance the package, which will come into force in 2026, Mitsotakis said. ...

The tax reform includes lower taxation by two percentage points for all brackets and a zero tax rate for low-income families with four children and young workers amid tumbling birth rates and rising housing costs. ..."

Greek PM unveils tax breaks amid cost of living crisis | Reuters


Greek Prime Minister Kyriakos Mitsotakis delivers an annual economic policy speech, at the International Fair of Thessaloniki, in Thessaloniki, Greece, September 6, 2025.


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