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Piraeus Chamber evaluation of Greek budget draft

Overview

The Piraeus Chamber of Commerce and Industry (EBEP) has reviewed the 2027 budget draft submitted to the Greek Parliament. The draft focuses on accelerating economic growth, reducing public debt, and de-escalating inflation.

Key business measures include tax relief for freelancers, a reduction in tax advances, the abolition of occupation tax in certain regions, and accelerated depreciation for machinery. The plan also proposes a 1.5 billion euro loan and guarantee program for small and medium-sized enterprises (SMEs).

Socially, the draft outlines reductions in social security contributions, a 2 billion euro housing program, and a phased increase of the minimum wage to 1,000 euros by early 2028. EBEP noted that the success of these measures depends on operating costs, disposable income, and SME access to financing.

Entities

Piraeus Chamber of Commerce · European Commission · Piraeus Chamber of Commerce and Industry

Timeline

  1. [BUSINESS] 2 sources
    Piraeus Chamber evaluates Greece's 2027 budget draft

    The Piraeus Chamber of Commerce and Industry analyzed Greece's 2027 budget draft, which targets growth, inflation control, and SME support through tax relief and a 1.5 billion euro financing program.

  2. [BUSINESS] 2 sources
    Piraeus Chamber of Commerce calls for fair competition rules

    The Piraeus Chamber of Commerce is calling on Greek ministries to regulate ultra-fast fashion and international digital platforms to ensure fair competition for local businesses.

Sources

capital.gr · insider.gr · ot.gr · portnet.gr