A new package of economic measures for 2025 that will include lower taxes and contributions and higher pensions was announced at Delphi Economic Forum by National Economy & Finance Minister Kostis Hatzidakis on Wednesday.
The package, worth 870 million euros, will include the following:
– Further lowering of social insurance contributions by 0.5% (cost: 215 million euros)
– Full abolition of the proportional tax (telos epitidevmatos) for freelancers and independent business owners (cost: 120 million euros)
– Implementation of the permanent return of the special consumption tax EFK for farmers (cost: 100 million euros)
– Increase of the housing subsidy for college students (cost: 15 million euros)
– Increase of pensions (cost: 400 million euros), and
– Suspension of VAT collection in construction.
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Photo Source: Wikimedia Commons License: CC-BY-SA Copyright: Tilemahos Efthymiadis
