< Back to all clusters
[BUSINESS] · Greece · 24 sources

started · updated

Greece announces 2.2 billion euro fiscal package and tax reforms

Greek government officials have detailed a comprehensive package of fiscal measures following the IMF's recent review. The total cost of new interventions is estimated at 605 million euros for the end of 2026, expanding to a 2.2 billion euro package for 2027. By 2030, the annual fiscal footprint is projected to reach approximately 9 billion euros.

A major component of the reform targets approximately 156,000 self-employed professionals. For those deemed tax-compliant—meeting criteria such as using myDATA, linking POS systems, and having no recent tax violations—the government will abolish specific presumptive tax increases related to payroll costs and turnover. This is expected to provide significant relief, with some businesses seeing tax reductions of several thousand euros.

Social support measures include an increase in pensioner support to 400 euros, scheduled for November 2026. Additionally, public sector employees are slated to receive Christmas bonuses in December 2027, as current fiscal space is prioritized for other social groups. The government also reiterated its goal to reduce energy costs by 30% through infrastructure investment rather than short-term subsidies. Officials highlighted that unemployment has dropped from 18% in 2019 to 7.9%, framing these measures as part of a broader strategy for economic stability and convergence with European averages.

Entities

Greece · IMF · International Monetary Fund · Kostis Hatzidakis · Kyriakos Mitsotakis · Kyriakos Pierrakakis · Ministry of National Economy and Finance · Pavlos Marinakis

Claims

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

Sources