Greece Eyes €600M Boost

Greece Eyes €600M Boost

Politics

Greece could gain a fiscal margin of €600 million if defense spending is excluded from EU expenditure limits, Finance Minister Kyriakos Pierrakakis said at the Ikonomikos Tachydromos Forum. He clarified that scrapping the ENFIA property tax is not a current priority, emphasizing instead efforts to boost tax transparency, improve administration, and fight evasion. Pierrakakis also noted a sharp drop in the informal economy—from 30% of GDP to under 15%—thanks to digital and institutional reforms, CE Report quotes Athens-Macedonian

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