Walking in the second half of August, the government is entering the final stage before the announcements of the Thessaloniki International Exhibition (TIF), with a “piggy bank” of about 1.5 billion euros for permanent measures to be imprinted on budget of 2026.
The goal of this year’s TIF is relief in middle class income taxation and employees, housing interventions, targeted vulnerable support measures and a solution to Swiss franc loans. The range and implementation rate will be judged within the coming weeks, with the budget draft deposited on October 6.
As it is clear by the financial staff, the direction of interventions announced by the prime minister is clear with direct tax cuts that will boost the net income of the citizens.
The scenarios that are being examined include the lowest withholding for incomes of up to 20 – 25,000 euros, an increased tax deduction for families with children and a possible acceleration of planned reduction in insurance contributions.
The government has announced that the emphasis will be placed on employees and the middle class, with changes to the scale by 2026, without moves on indirect taxes that would supply inflation.
At the center and housing
The housing policy is a second central pillar of the prime minister’s interventions. Interventions are discussed that will increase the offer, from a setting for the allocation of about 35,000 properties trapped in banks and services to additional incentives to get closed apartments on the market.
At the level of rental taxation, targeted solutions to long -term leases and aid that will be directed to young people, families and public officials in expensive areas are considered. At the same time, short -term leases are considered a given the extension of restrictions to the center and their geographical expansion for 2026 is considered.
Comes ‘Haircut’ 30% from 2026, what is being considered for pensioners
At the table is the gradual reduction of living presumptions by about 30% from 2026, with full removal horizon in the coming years. The intervention is mainly aimed at taxpayers with salaries and pensions that are currently “caught” by imputed costs for homes or vehicles, despite their lower actual income.
In addition, this year, a permanent reinforcement of 250 euros is established in late November for retirees over 65 years of age and beneficiaries of disability benefits. The TIF is expected to make decisions about whether there will be expanding criteria, alternatively the abolition of personal difference.
Another parameter that employs thousands of our fellow citizens is Swiss franc loans, which may be announced at the TIF. The arrangement is postponed to September, with the aim of giving a solution without disturbing Hercules’ securitization. At the table there are options for voluntary converting to euro with a ‘haircut’ of equivalence and a fixed interest rate for those who meet income and property criteria.