PM vows to end ‘unacceptable tax siege’

Prime Minister Kyriakos Mitsotakis underlined the government's determination to lower the tax burden in Greece, telling a conference on the "The Future of Retail" organized by the Hellenic Confederation of Commerce and Entrepreneurship (ESEE) that his first priority will be to "end the unacceptable tax siege" on individuals and business especially.

"Our plan, as we have presented it, is comprehensive, with tax and insurance interventions that benefit the taxpayer, those paying state insurance and pensioners," Mitsotakis said.

"The ENFIA [property tax] has already fallen by 22 percent, a year earlier than we had pledged, the corporate tax rate has already fallen from 28 percent to 24 percent and the dividend tax from 10 percent to 5 percent, in addition to 1.2 billion euros in tax cuts voted in the 2020 budget, of which 700 million concern business community - large,...