Tax policy

Prime Minister Kyriakos Mitsotakis announced forthcoming tax cuts as Greece's economy stabilizes, with an eye on reducing VAT and income tax rates by the end of his term in 2027. 

Prime Minister Kyriakos Mitstoakis signaled his intention on Wednesday to start delivering the measures to reduce tax evasion before proceeding with promised tax cuts.

The move is a signal at home for tax compliance, but also to markets that the government is proceeding with fiscal caution.

Greek second round elections are due, and tax policy and tax fairness have become (purposefully) a campaign issue. Sadly, divide-and-conquer is polarizing the people and setting up parties against each other as though the other side is not worth a vote. It is not just in Greece where this strategy is popular. 

Will my friends allow my opinion that this is inelegant?

New Democracy has been saying it all along and SYRIZA, eventually, adopted the same view: In order to kickstart a sluggish economy, you need three things - investments, investments and investments.

Main opposition New Democracy intends to implement a bold insurance and tax policy for farmers and livestock breeders when it comes to power, party leader Kyriakos Mitsotakis said.