Greece to announce 2 billion euro economic package at Thessaloniki International Fair

Kyriakos Mitsotakis Thessaloniki International Fair Greek economic package minimum wage increase tax reform

Prime Minister Kyriakos Mitsotakis is set to announce a major economic package, estimated to exceed 2 billion euros, at the 90th Thessaloniki International Fair (TIF). The plan serves as a long-term roadmap for Greece toward 2030, with significant measures scheduled to be implemented in phases, primarily starting in 2027.

Key social and economic measures include a projected increase in the minimum wage to 960-970 euros in 2027 and over 1,000 euros in 2028. Retiree benefits are expected to rise, with November bonuses potentially increasing from 300 to 400 euros. The package also targets housing stability through potential low-interest loans and protections for primary residences.

For businesses and professionals, the government is considering reducing tax advances for legal entities to 50% by 2030 and introducing a 'consistency clause' to reward taxpayers with high compliance profiles through tax relief. Additionally, energy investments are expected to reach 1.1 billion euros, focusing on renewables and storage. The government also aims to reduce social security contributions and address the cost of living through measures such as lower prices for basic consumer goods.

Entities

Alexis Tsipras · European Commission · Government of Greece · Greece · Greek government · Independent Authority for Public Revenue · International Economic Forum · International Thessaloniki Fair · International Thessaloniki Fair · Kyriakos Mitsotakis · Kyriakos Pierrakakis · Ministry of National Economy and Finance

Claims

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

[○ 1 SOURCE] The Ministry of Finance is preparing economic interventions focused on incomes, private debt, and new investments.
[● 2 SOURCES] The Thessaloniki Metro extension to Kalamaria has been completed, adding five new stations and 4.78 kilometers of track. www.larissanet.gr · www.thepressroom.gr
[● 2 SOURCES] The new metro line is expected to serve approximately 63,000 passengers daily and remove 12,000 cars from the roads each day. www.larissanet.gr · www.thepressroom.gr
[○ 1 SOURCE] The Greek National Plan was recently approved by the European Commission. www.larissanet.gr
[○ 1 SOURCE] A national initiative to reduce prices for basic consumer goods is set to take effect on Monday. www.larissanet.gr
[● 4 SOURCES] The Greek government is preparing an economic package of approximately 1.8 billion euros. www.energymag.gr · www.sbctv.gr · dete.gr
[● 3 SOURCES] The government is considering a reduction in social security contributions by up to 1 percentage point. marketnews.gr · www.newmoney.gr · www.megatv.com
[● 3 SOURCES] Energy investments will focus on electricity storage from renewables and building energy upgrades. www.energymag.gr · www.sbctv.gr · dete.gr
[● 2 SOURCES] Energy investments are expected to reach 1.1 billion euros through the new European escape clause. www.energymag.gr · www.sbctv.gr
[● 5 SOURCES] The minimum wage is projected to reach 960-970 euros in 2027 and over 1,000 euros in 2028. www.thenewspaper.gr · marketnews.gr · www.megatv.com · www.newmoney.gr · dete.gr
[● 4 SOURCES] Housing measures may include a new financing program or incentives for long-term rentals. www.thenewspaper.gr · www.ertnews.gr · www.ethnos.gr · dete.gr
[● 2 SOURCES] The economic package is designed to be implemented in two phases, with major changes starting in 2027. www.sbctv.gr · best-tv.gr