Mitsotakis unveils comprehensive 2030 growth plan with tax cuts and social boosts

Prime Minister Kyriakos Mitsotakis used his parliamentary speech to launch a "Progress and Prosperity" pact targeting Greece’s development by 2030. The plan reduces advance tax rates for companies from 80% to 50% and for self-employed professionals from 55% to 50%, while scrapping the professional tax and offering targeted relief for small municipalities. Financial support includes a permanent 400-euro yearly boost for retirees over 65, a zero-rate income tax for farmers earning up to 20,000 euros, and a gradual increase of the minimum wage to 1,000 euros by 2028, alongside lower social security contributions.

Public-sector wages will rise by up to 80 euros per month and a fixed 500-euro Christmas allowance will start in 2027. The housing initiative "My Home" will fund new construction, and the ENFIA property tax will be removed for small dwellings. Energy policy aims to cut wholesale electricity prices by 30% and halve household electricity bills from January onward. Family measures feature tax exemptions for large families and a doubled state contribution to parental savings up to 1,200 euros annually.