Adonis: Mitsotakis delivers the boldest tax reform in Greek history – Vision for a stronger nation”

Enriched Communication Piece

Greek Minister Adonis Georgiadis praised Prime Minister Kyriakos Mitsotakis’ speech at the Thessaloniki International Fair (TIF), calling it “the most important address of his political career” and emphasizing that it marks the largest personal income tax cut ever enacted since the founding of the Greek state.

 Key Highlights of the Reform

• Zero income tax for citizens up to 25 years old and very low taxation until age 30 → a strategic response to Greece’s demographic crisis.
• Zero VAT on small islands and abolition of property tax (ENFIA) in villages → strengthening national cohesion and supporting remote communities.

• Previous structural cuts:
  • -6% corporate tax reduction
  • -5.4% cut in employer/employee contributions
  • Abolition of the business duty (τέλος επιτηδεύματος)
  • Significant cut in advance income tax → all designed to boost competitiveness and attract investment.

 Supporting Facts & International Context

• 80% of Greek citizens consider taxation excessively burdensome (Eurobarometer, 2023).
• The new youth tax relief could save up to €2,000 annually per individual.
• Greece has climbed 7 places in the global competitiveness index over the last three years, signaling tangible results from these reforms.
• With EU economies struggling under inflationary pressures, Greece positions itself as a reform leader in the Eurozone.

 Striking Quote by Adonis Georgiadis

“This is not just about easing the cost of living. It is a national strategy with vision – shielding Greece’s future and guiding the country in the right direction.”

Georgiadis underlined that this reform lays the foundation for a new broad social and political majority, stating: “With a strong leader, we leave behind stagnation and division. Greece enters a new era of stability, growth, and pride.”

Mitsotakis’ tax reform is not just economic policy – it is a nation-building project, combining social justice, demographic renewal, and national security.

Source: pagenews.gr