“As long as these structural measures are permanent, we are given the opportunity after 2025 to plan other permanent tax cuts and we will turn our attention to further relief for the middle class“, said the prime minister in conversation with journalist Elena Laskaris at the event of the Ministry of National Economy and AADE for its modernization tax administration and citizen service.

“I believe her evidence pulse poll confirm the correctness of our policy. Citizens are always suspicious, especially when they have heard many times in the past about the interconnection of POS with cash registers. We are talking about revenues that the state should collect and does not collect. A tax administration, which becomes more citizen-friendly and stricter in enforcing legality“, stated Kyriakos Mitsotakis.

Asked about the political cost, the Prime Minister recalled how the limitation of tax evasion was a central pre-election commitment of the government. “I believe that the balance, economic and political, is positive for society. The additional revenue that we have been able to collect from fighting tax evasion goes back into society creating additional fiscal space for further tax reductions. The additional revenue came from the fight against tax evasion and from increased economic activity. This is the success of our tax policy. As long as these structural measures are permanent in natureso we are given the opportunity after 2025 to plan other permanent tax cuts, and we will turn our attention to further relief for the middle class. This policy returns the dividend of additional revenue back to the society“, he underlined.

When asked if we can have greater tax reductions, Mr. Mitsotakis reminded that in the budget we already have 12 tax reductions. And he added:

“With the change in fiscal rules, the country now has spending ceilings. If we have a consistent outperformance from structural measures, yes, we can lower tax rates. It is important to show that these structural measures pay off permanently. Our persistence in online transactions. All interventions by the AADE are measures that on the one hand facilitate and on the other allow us to identify the real taxable material. Today, Greece is achieving fiscal targets, reducing debt, growing at three times the European average and reducing taxes.” Mr. Mitsotakis said that what we have achieved is quite special and positive for European data and is a justification of the tax policy and in 2027 the economic result of this policy will be visible to everyone. “And in the middle class, the wage earners have seen tax cuts, but we can be even more committed to their relief until 2027. We have to see the implementation of the measures in 2025. They are structural measures. We have also taken emergency measures. This government did not hesitate to tax the excess profits to the electricity producers and return the money to the citizens. The government did not hesitate to tax the refineries. These are emergency measures which we do not normally like. We like structural».

In a subsequent question about the VAT and whether the rate reduction is off the table, the prime minister said that “one unit reduction in the VAT costs about 1.5 billion in revenue and that we are a country in several categories with lower VAT rates”.

Mr. Mitsotakis noted that “the more pleasant surprises we have, the more room for maneuver we will have in the last two years of our term”.