- Greece will reduce social security contributions and suspend VAT on construction as part of the 2025 budget
- The budget for 2025 includes measures to increase incomes and reduce taxes totaling 870 million euros
- Specific measures in the budget include reducing insurance contributions, abolishing the business tax for professionals, and increasing student housing allowances
- The goal is to maintain a primary surplus of 2.1% of GDP and continue responsible fiscal policies
- The government will intervene legislatively if electronic transaction fees are not reduced
- Greece’s economy has shown resilience and strong growth compared to the eurozone average, despite external challenges
- Emphasis is placed on maintaining surpluses for stability and responsible fiscal management, especially in uncertain environments
Source: minfin.gov.gr
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
