Greece: Draft bill published for tax cuts announced in Thessaloniki
The Greek Ministry of National Economy and Finance has published for public consultation the draft bill implementing measures announced at the 90th Thessaloniki International Fair.
- The draft bill remains open for public consultation until November 1, 2026.
- A 0% tax rate up to 20,000 euros is planned for families with three children starting from tax year 2027.
- Salaried employees are scheduled to see the tax reductions starting from January 1, 2027.
What this means for you: These upcoming tax adjustments are part of Greece's economic planning for 2026 and 2027. Please note that this is general information and not financial or legal advice.
The Greek Ministry of National Economy and Finance has officially opened the public consultation process for the draft bill containing the economic measures announced at the 90th Thessaloniki International Fair, to be applied during the years 2026 and 2027. The bill will remain open for public feedback until November 1, 2026, with the legislative process expected to conclude within the same month.
Among the key interventions included in the legislation is a reduction in the income tax rate to 0% for families with three children on earnings up to 20,000 euros, taking effect from the 2027 tax year. According to the official announcement, salaried workers will experience these reductions starting from January 1, 2027. The measures form part of the broader financial framework outlined by the authorities for the upcoming period.
Yavanet will keep updating from official sources.
