Dual targeting but with a common component, he had it package of measures which the Prime Minister announced last Saturday in Thessaloniki Kyriakos Mitsotakisand was specialized during the week by the co-competent ministries. The joint recommendation concerns the government’s effort to increase the disposable income of citizens, especially those who belong to the economically vulnerable category, and this will be implemented through two axes: increasing incomes and reducing taxes.

Also, an important but also essential intervention is the one in the area of ​​the roof, with the aim of increasing the housing supply and, consequently, the decline in prices.

On the one hand they are given tax incentives to open them closed apartments, which are estimated at 600,000 and on the other hand the brakes are put on the expansion of Airbnb.

At Ministry of Finance and in the government they hope that through this

package of measures will make it possible to improve the standard of living for a significant number of households that are struggling due to the economic crisis and the precision that has persisted in recent years.

Let’s look at the government’s interventions:

Increase in income

  1. Increase pensions based on inflation and GDP. The increase is estimated at 2.2% to 2.5%.
  2. Emergency financial support for pensioners with a personal difference. In December, aid will be paid to approximately 670,000 pensioners.
  3. Horizontal increase of salaries in the State, so that the introductory one does not fall short of the level of the minimum wage.
  4. Expansion of the target achievement allowance.
  5. Increase in student housing allowance for regional universities.
  6. Increase by 20% the compensation of night uniforms.
  7. Incentive to attract doctors to troubled and barren areas.
  8. An additional installment to OPECA child benefit beneficiaries.
  9. An increase of 200 euros for beneficiaries of e-EFKA disability allowances.
  10. A 200 euro boost for OPECA disabled allowance beneficiaries.
  11. 200 euro subsidy for uninsured seniors.
  12. An additional 50% of the monthly allowance to beneficiaries of the minimum guaranteed income.
  13. To all of the above will be added the increase in the minimum wage from April 2025, which will drag up benefits and three years. Its amount will be determined through the prescribed process of discussion and agreement between the social partners.

Tax reduction

  1. 1% reduction in insurance contributions from 1/1/2025.
  2. Abolition of the pretense fee for freelancers.
  3. Permanentization of the return of the EFK to agricultural oil.
  4. Income tax exemption for vacant properties to be rented out.
  5. VAT exemption for new buildings (extension in 2025).
  6. Removal of fixed telephony fee (5%) for optical fiber connections (≥100 mbps).
  7. Exemption from premium tax (15%) for health policies for children up to 18 years of age.
  8. Tax exemption of voluntary business benefits for new parents.
  9. 20% reduction in ENFIA for homes insured against natural disasters.
  10. Independent taxation of NHS doctors on call.
  11. Incentives for mergers and acquisitions.
  12. Reduction of stamp duties on a range of transactions.

Roof

In addition to the tax relief for those who will open closed apartments or convert short-term leases to long-term ones, the following have also been decided:

  1. Renovation of old houses: A 400 million program for loans of up to 20,000 euros at zero interest, with the aim of energy upgrading thousands of old houses. Exemption from rent tax for 3 years for landlords who rent out properties or if they convert a short-term tenancy to a long-term one.
  2. “Cutter” on Airbnb: Prohibition of new short-term leases in the three central districts of Athens for at least one year.
  3. New end to platforms: New, increased fee for cross-platform contracts.
  4. “My House II”: A €2 billion program for more than 15,000 young people or couples up to the age of 50 to buy their first home at a lower than commercial interest rate.
  5. Interest rates: A 400 million euro program for loans of up to 20,000 euros at zero interest for the energy upgrade of old houses.