- The Greek government announced a reduction in VAT by 30% for 19 remote islands starting January 1, 2026, and a gradual abolition of ENFIA for settlements with fewer than 1,500 residents. The meeting with local mayors and regional governors was held digitally, focusing on tax reforms and demographic issues. The VAT will decrease from 24% to 17% and from 13% to 9% for all products and services. The government aims to support these islands and address demographic challenges. Regular meetings will be held to address ongoing issues.
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.
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