Μake us preferred on Google Prime Minister Kyriakos Mitsotakis’s speech at the opening of the 90th Thessaloniki International Fair is underway at the Ioannis Vellidis Conference Center.
Kyriakos Mitsotakis said at the start of his speech that he was optimistic about the plan he was about to present. The prime minister stressed that he would not simply announce a set of measures, but instead present a plan built on three pillars, drawing on the government’s two previous terms as well as the term ahead.
The measures will form a roadmap through 2031. “It is time for our country to reap the fruits of its efforts — the strong foundations we have laid allow us to build the Greece of 2030,” he said.
The PM announced measures for freelance professionals and small and medium-sized enterprises from the podium:
- Presumptive income thresholds are being reduced for professionals with a consistent tax record: surcharges tied to turnover and staff payroll are being abolished.
- In settlements with fewer than 2,000 residents (2,900 in Central Macedonia): presumptive income thresholds cut in half.
For farmers and livestock breeders, professional farmers with an income of 20,000 euros will pay zero tax. The government also announced a full recovery plan for livestock farming, including additional EU funding and the restocking of all lost herds.
On energy and housing, Mitsotakis said the wholesale price of electricity would be gradually reduced by 30% between 2027 and 2029, with a 50% cut to public service compensation (YKO) charges on household bills starting January 2027.
He said ENFIA property tax would be abolished in settlements of up to 2,000 residents, up from the current threshold of 1,500, and up to 2,200 in Western Macedonia, up from 1,700, effective 2027.
He also announced a 2-billion-euro “My Home 3” program to be financed through the Hellenic Development Bank, alongside an increase in the property transfer tax from 3% to 15% for home purchases by non-EU citizens, such as buyers from China, Turkey and Israel.
Mitsotakis also laid out a detailed implementation roadmap for the measures.
He said double rent subsidies for doctors, nurses and teachers for the 2024 tax year would be paid retroactively on September 25, 2026, with a new fuel excise tax refund system for farmers launching November 1, 2026. Regular rent subsidies — and double subsidies for doctors, nurses and teachers — for the 2025 tax year would follow on November 30, 2026, the same date a 400-euro benefit would be paid to all pensioners over 65, people with disabilities and uninsured elderly citizens. He said increased January pensions, adjusted for inflation and GDP growth without offsetting the personal difference clause, would be paid by the end of December 2026.
Turning to 2027, Mitsotakis said the tax rate for families with three children would be reduced to zero up to 20,000 euros in income from January 1, alongside the indexation of disability benefits and a cut to YKO charges on household electricity bills, from 6.9 euros per MWh to 3.45 euros per MWh. The “Piggy Bank for the New Generation,” a special investment account for infants up to age two, and the “My Home III” program would both launch in January 2027. He said ENFIA property tax would be abolished from 2027 in settlements of up to 2,000 residents, or 2,200 in Western Macedonia, from mid-March, around the time ENFIA assessments are issued.
The minimum wage would rise on April 1, 2027, with a corresponding across-the-board increase for public sector employees, along with seniority increments and allowances, he said. Social security contributions for private sector employees would be cut by 0.5 percentage points on the same date.
Mitsotakis commented on the tragic deaths of the two F4 Phantom pilots during the Athens 2026 Flyweek at Tanagra airbase, expressing his condolences to the relatives of the deceased. He said, “The thoughts of all of us are with the families of the two pilots”.
