To April 22 or Eurostat is expected to make public its definitive estimates of the height at which the primary surplus of Greece in 2024. This is the crucial element on the basis of which will be given a first, except clearer, picture of last year’s budget performance and the fiscal space that can be used for the new tax breaks announced by the government.

The next milestone will be the June When they will be finalized Estimates of revenue amount From the fight against tax evasion this year. By combination of two of those parameter The outcome will result in the budgetary margins that the government will eventually have in order to lock the pack of new positive measures that will be announced by Prime Minister Kyriakos Mitsotakis September At TIF.

Who benefits

Taxplaces that will focus on its consistent taxpayers middle -class But they will also concern the wider categories of taxpayers will be the key package of the new positive measures that the government is going to announce.

Among them will include changes in the tax scale with adjustments so that there is a benefit on incomes of up to 50,000 euros.

Changes in living presumptions as well as rental taxation are examined.

There are also targeted aid in categories of citizens who are deemed necessary. Announcements of raising the minimum wage and payroll in the State and the announcements by the Ministry of Defense on increases in the military have opened the debate on security and security forces (police, port, firefighters).

The prime minister in the debate in Parliament on the country’s equipment program announced that the government would exhaust any budgetary margins and that its final decisions would be announced in September at the TIF. From the same step, however, he stated that the government is not going to exaggerate decisions that would endanger the country’s fiscal stability.

The first, encouraging, elements

Already the data available to the government’s financial staff show that for another year, in 2024, it was significant Overcome the target for primary surplus of the state budget. Instead of 2.5% of GDP that was the original target, it ranged its levels 3.5%a development that automatically creates additional fiscal space compared to previous estimates by the Ministry of Finance.

The first calculations raise the amount of the budgetary margin up to 2 billion euros. If these estimates are verified from the data announced by Eurostat, these will form the basis for discussions between the Ministry of Finance and the Commission on the scope of new taxation.

These consultations are expected to be completed in June after taking into account additional tax evasion revenue this year, which amounted to 2 billion euros last year, but also another factor that remains unknown X. This is the financial margin for Greece. On the basis of these parameters and after taking into account the roof on the annual basis of public expenditure provided for by Greece’s 4 -year budgetary framework, the final amount of the fiscal space will arise.