Four -folded from the original target, the primary surplus of the state budget runs, reinforcing the government’s financial staff estimates that this year too, the fiscal performance of the economy will move to record levels.

Based on these positive data in the government’s financial staff, they are already processing the proposals for middle class tax cuts, aid to vulnerable groups, along with the interventions for the housing, so that the final government decisions on the Prime Minister will be made in August.

At present, as evidenced by the statements of the Minister of National Economy and Finance Kyriakos Pierrakakis, after the approval of the escape clause in the Eurogroup, the plans for the TIF package relate to Financial costs of 1.5 billion euros.

The budget in the five months of January – May closed with a primary surplus of € 5.343 billion, at over -level levels from its target of € 1.055 billion – a development attributed to tax revenue due to its tax revenue.

These two factors are expected to maintain their momentum in the coming period, which creates a good expectation of the financial staff that this year the primary surplus of the budget will exceed 10 billion euros.

This means that the up -to -date surplus for a surplus of 3.2% of GDP to new higher levels will be exceeded. After all, last year, despite the restrained initial budget targets, the primary surplus was raised to € 11.4 billion equivalent to 4.8% of GDP.

At “table” the TIF package

The government has already announced that the TIF package will include new tax cuts for the middle class and employees, aid for vulnerable and housing interventions.

Among the measures on the discussion table includes:

– Tax cuts For middle incomes with interventions in the tax scale and rates of the tax scale.

– Tax relief Families with children to support families, while the scenarios include an increase in the tax -free threshold.

– Reduction of tax burden for income from rentalalong with the granting of incentives to owners to dispose of closed houses on the market.

– Aid to tenants to cope with the high cost of rents.

– Regulation To unblock from urban and other problems and to sell for sale on the market 35,000 real estate located today in bank portfolios and services.