Greek government readies €2 billion fiscal package for Thessaloniki Expo

The Greek Ministry of Finance is finalising a fiscal package to be presented by Prime Minister Kyriakos Mitsotakis at the September 2026 International Exhibition of Thessaloniki (ΔΕΘ). The package is estimated at €1.8‑2.0 billion, with scenarios that could raise the total to €4‑5 billion depending on revenue forecasts and the outcome of the Middle‑East conflict.

Key measures target freelancers (about 670,000 self‑employed), micro‑SMEs, pensioners and households facing high housing and inflation pressures. Proposed tax relief includes a cut in the corporate tax rate from 22 % to 20 %, a possible 2 % point reduction for all firms, lower advance‑payment rates, removal of the professional‑activity tax, and expanded exemptions and deductions for freelancers. Social provisions feature an increase in the supplemental pension from €300 to €400, the removal of the personal pension difference for roughly 400,000 retirees, and a new “My Home III” housing programme with tax breaks on rental income and ENFIA relief.

The government says the measures will be financed from the fiscal surplus and EU recovery funds without raising tax rates, staying within the EU “clean‑spending” rule. Final decisions are expected in early September after the finance team monitors revenue, tourism, consumption and inflation through August, as the package forms a central pre‑election statement ahead of the 2027 elections.