Greece announces economic package with wage and pension increases

economic package minimum wage increase pensioner benefits tax relief public sector bonuses

Greek Prime Minister Kyriakos Mitsotakis has announced a comprehensive economic package aimed at boosting disposable income and supporting various social groups through 2030. The measures, presented at the Thessaloniki International Fair, include a €3.5 billion investment in tax cuts and wage increases.

Key provisions include raising the minimum wage to €1,000 by January 2028, with potential increases to €1,300 including seniority bonuses. Public sector employees are set to receive a €500 gross annual Christmas bonus starting in December 2027. Retirees and persons with disabilities will see their annual financial assistance increase from €300 to €400 starting in November 2026.

Tax relief is also a central component, with zero income tax for professional farmers and families with three children earning up to €20,000. Additionally, the government aims to reduce unemployment to 6% and lower public debt to below 110% of GDP by 2030. Other measures include housing support for healthcare workers and new programs to assist young people in acquiring their first homes.

Entities

Giorgos Karamanis · Greece · Greek Development Bank · Hellenic Development Bank · Kyriakos Mitsotakis · Kyriakos Pierrakakis · Ministry of National Economy and Finance · New Democracy · PASOK · Takis Theodorakakis · Takis Theodorakakos · Thessaloniki International Fair

Claims

What the coverage asserts, and how many sources carry each claim.

[● 20 SOURCES] The package of measures for 2027 totals 2.2 billion euros. www.ertnews.gr · latofm.gr · www.pierianews.gr · www.lifo.gr · www.enikos.gr · +4 more
[● 19 SOURCES] The measures target freelancers, businesses, farmers, employees, civil servants, retirees, families, and youth. www.ertnews.gr · www.pozarnews.gr · latofm.gr · www.pierianews.gr · www.lifo.gr · +3 more
[● 18 SOURCES] From the 2026 tax year, presumed income for compliant freelancers will be significantly reduced. www.ertnews.gr · www.pozarnews.gr · latofm.gr · www.pierianews.gr · www.lifo.gr · +3 more
[● 2 SOURCES] ENFIA will be abolished starting in 2027 for primary residences in settlements with fewer than 2,000 inhabitants. www.pozarnews.gr · www.enikos.gr
[● 2 SOURCES] The professional fee (telos epithedeumatos) will be abolished for freelancers. www.pozarnews.gr · latofm.gr
[● 46 SOURCES] Kyriakos Mitsotakis announced a package of measures at the 90th Thessaloniki International Fair. www.pozarnews.gr · www.ertnews.gr · www.energygame.gr · www.pierianews.gr · www.enikos.gr · +26 more
[○ 1 SOURCE] The government aims to reduce electricity costs by 30% over the next three years. www.energygame.gr
[● 2 SOURCES] A 681 million euro support package for SMEs was announced. www.athensmagazine.gr
[● 3 SOURCES] Kyriakos Mitsotakis rejected requests for a 13th month salary or pension, citing fiscal sustainability. www.paraskhnio.gr
[● 6 SOURCES] The package includes a zero income-tax rate for annual incomes up to €20,000 for farmers and families with three children. etv.me · greekherald.com.au · n1info.rs · www.thebest.gr
[● 6 SOURCES] Kyriakos Mitsotakis ruled out snap elections, stating the next general election will occur in spring 2027. etv.me · n1info.rs · www.paraskhnio.gr
[● 5 SOURCES] The Prime Minister expressed his intention to seek a third consecutive four-year term for the New Democracy party. etv.me · n1info.rs