Greece's Ministry of National Economy and Finance outlines 2026 budget tax reform including income tax cuts and gradual ENFIA phase-out

Greece's Ministry of National Economy and Finance published the parliamentary speaking points of Deputy Minister George Kotsiras on the 2026 State Budget, outlining a package centred on a tax reform due to be implemented from 2026, permanent income-support measures, and continued efforts to raise revenues through tackling tax evasion. The remarks also referenced the election of Minister of National Economy and Finance Kyriakos Pierrakakis to the Presidency of the Eurogroup. Key elements highlighted for the 2026 tax reform included lower personal income tax rates, additional relief for employees with children and for young people, rationalisation of living-expense presumptions, a VAT reduction for border islands, a gradual abolition of ENFIA, and a reduction in deemed income for self-employed professionals in settlements with up to 1,500 inhabitants. The speech also pointed to permanent measures including a refund of one rent payment and a EUR 250 payment each November, alongside other interventions aimed at supporting pensioners’ income. On compliance, the measures cited included connecting POS terminals with cash registers, encouraging electronic payments, and further digitisation of tax administration, linked to progress in narrowing the VAT gap. The tax reform measures were presented as taking effect from 2026, while the anti-tax-evasion agenda is expected to continue through expanded use of digital tools by the Independent Authority for Public Revenue (AADE).