Greece's Ministry of National Economy and Finance published speaking points from Deputy Minister George Kotsiras’ remarks at the UN Global Compact Network Greece annual event, setting out how the government links sustainable development to its new growth model. The intervention positioned fiscal stability, the effective use of EU funds and a “fair and efficient” tax policy as the main levers for delivering environmentally and socially balanced growth. Kotsiras argued that fiscal responsibility, alongside structural reforms, has supported public debt reduction, higher investment and stronger market confidence, and referenced a sixth consecutive year of high growth. He also highlighted the accelerated absorption of Recovery Fund and National Strategic Reference Framework resources, including programmes for the green and digital transition such as flood protection works, building energy upgrades, support for electromobility and digital upskilling for citizens and businesses. On taxation, he pointed to a recent tax reform, deductions for residential energy upgrades, simplification and codification of tax legislation, digitisation of tax administration, and incentives for research and innovation and the return of Greeks abroad, alongside a “Green Tax Policy” project supported by the European Commission to improve ex ante analysis of the environmental and socio-economic impacts of future tax changes.
Ministry of National Economy and Finance (Greece) 2025-12-11
Greece's Ministry of National Economy and Finance sets out fiscal, EU funding and tax policy priorities for sustainable growth
Greece's Ministry of National Economy and Finance highlighted Deputy Minister George Kotsiras' remarks at the UN Global Compact Network Greece event, emphasizing sustainable development as central to the country's growth model. Strategies include fiscal stability, effective EU fund utilization, and a fair tax policy for balanced growth. Kotsiras noted fiscal responsibility, structural reforms, and accelerated fund absorption as drivers of public debt reduction and market confidence, alongside recent tax reforms and green transition initiatives.