Tax Cuts on the Horizon as Government Seeks Fiscal Flexibility
The Greek government is aiming for fiscal "air" to implement a new round of tax reductions, as Prime Minister Kyriakos Mitsotakis has indicated. During a visit to the Ministry of National Economy and Finance last Monday, Mitsotakis highlighted that citizens will soon see the benefits of the government's efforts against tax evasion, with decisions expected by summer and announcements in September, CE Report quotes Athens-Macedonian
Recent budget data shows a tax revenue surplus of over 0.5 billion euros for the first two months of 2025, fueling expectations for stable, additional revenue from anti-tax evasion measures and stronger economic growth. This positions the government to introduce permanent tax relief for citizens, particularly the middle class.
A clearer fiscal outlook is expected in the summer, with tourism performance data playing a key role in shaping future decisions.
