started · updated
Greece Ministry of Finance proposes new tax and social benefit measures
The Greek Ministry of National Economy and Finance has released a new bill for public consultation, scheduled to remain open until November 1st. The legislation, which aims to be passed within November, introduces a wide range of economic measures for the years 2026 and 2027.
Key tax reforms include reducing the tax rate to 0% for farmers with income up to 20,000 euros starting in 2026, and for three-child families starting in 2027. Additionally, the tax-free limit for tips received by employees is set to increase to 6,000 euros annually from 2026. For the private sector, social security contributions are expected to decrease by 0.5% starting in April 2027.
Social benefits include a 400 euro net bonus for retirees (expanding to all those over 65) and a 500 euro gross Christmas bonus for public sector employees starting in 2027. The bill also proposes an Individual Investment Account for Minors (AELA) with potential state contributions of up to 1,200 euros annually. Other measures involve rent tax exemptions for empty homes through 2027 and new regulations for managing private debt and interest rate caps.
Entities
Greece · Kyriakos Mitsotakis · Kyriakos Pierrakakis · Ministry of National Economy and Finance · Thanos Petralias · Theoni Alabasi · Theońi Alampási · Thessaloniki International Fair
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 6 SOURCES] The tax rate for farmers will be reduced to 0% for income up to 20,000 euros starting in the 2026 tax year. www.businessdaily.gr · bankwars.gr · lawandorder.gr · www.newsbomb.gr · www.newsit.gr · +1 more
- [● 12 SOURCES] The Ministry of National Economy and Finance has placed a new bill for public consultation until November 1st. cretaone.gr · tempo24.news · www.businessdaily.gr · www.aftodioikisi.gr · www.ertnews.gr · +7 more
- [● 6 SOURCES] The bill provides a 500 euro gross Christmas bonus for public sector employees starting in 2027. cretaone.gr · tempo24.news · www.businessdaily.gr · www.aftodioikisi.gr · www.ertnews.gr · +1 more
- [● 2 SOURCES] The bill includes a 500 euro gross Christmas bonus for public sector employees starting in 2027. www.aftodioikisi.gr · www.ertnews.gr
- [● 2 SOURCES] A new Individual Investment Account for Minors (AELA) is proposed to include state contributions of up to 1,200 euros annually. www.fortunegreece.com · www.taxheaven.gr
- [● 5 SOURCES] Social security contributions for the private sector will decrease by 0.5% starting in April 2027. cretaone.gr · www.businessdaily.gr · myportal.gr · www.ertnews.gr · lawandorder.gr
- [● 6 SOURCES] The tax rate for three-child families will be reduced to 0% for income up to 20,000 euros starting in the 2027 tax year. www.businessdaily.gr · bankwars.gr · lawandorder.gr · www.newsbomb.gr · www.newsit.gr · +1 more
- [● 5 SOURCES] The tax-free limit for tips received by employees will increase to 6,000 euros annually starting in 2026. www.businessdaily.gr · www.ertnews.gr · www.fortunegreece.com · dete.gr · www.ekriti.gr
- [● 4 SOURCES] The financial assistance for retirees will increase to 400 euros net starting in November 2026. cretaone.gr · tempo24.news · www.aftodioikisi.gr · www.ertnews.gr