The belief that “measures have been embraced by citizens” was expressed today (9.9.2025) by the Minister of National Economy and Finance Kyriakos PierrakakisSpeaking to SKAI compared to the € 1.76 billion package announced by Prime Minister Kyriakos Mitsotakis from the TIF Step on Saturday (6.9.2025).
Kyriakos Pierrakakis noted that “the budgetary space is € 1.76 billion. This is for 2026. So we covered all the financial space available. ” In relation to the proposal for additional benefits, Mr. Pierrakakis noted that “with the given condition we have the space is it, is not euro above. Then we go into an excessive deficit process. “
The Minister, in relation to the proposal to reduce VAT, cited the BoG’s study that only 0.19 euros from 1 euro would be won by the citizen. In relation to the reduced VAT In some islands, he said that “there was in principle a distortion. What was the distortion? The distortion was that there was already a reduced VAT on five islands and you had the particularity of having a reduced VAT in Chios and not in Psara. This had to be resolved. Second, they are locusts. There is a specific European directive that allows the exemption. “
Mr. Pierrakakis stressed that they are for specific islands: “The exception is allowed for very specific parts in our country. Not everywhere. There is a higher shipping cost on the islands. And here I told you the business would be strengthened. Businesses belong to locals on the islands to a much greater extent. The peculiarity of the part is the one that defines the intervention and we are finally talking about small islands. So this thing shows a special approach. From now on I come back to the general rule. People prefer money to go directly to them. “
Asked if the accuracy “gets” hot money in his pocket, the minister said, “But what we do and what we can do is in parallel with the state’s control mechanisms -because all government policy is not the TIF. Government policy is structured in a series of measures- we do controls, we strengthen control mechanisms and at the same time enhance the available income of citizens. And we did that, I say again with the Greater tax exemption ever made: 1/1/2026 – Words don’t have so much value – people will see it in their accounts. And there is a very specific rule of justice by targeting families, children. “
‘Will not affect us’ the crisis in France
Mr Pierrakakis stressed about the political crisis in France: “The crisis in France will not affect us! And why do I say so vertically? Because this is all the philosophy of the new European rule we apply. What does the new European rule say? And here is the hypocrisy of the opposition. Because they know that. Because it is specific to the context in which we are moving. “Surpluses no longer play so much. You negotiate expenditure every year with the Commission and Brussels. Your expenses But here is the peculiarity, they stay firmly whatever you do. Why? Because in the good year you will have a bigger surplus – what we live in – and go to debt, to debt service so you don’t get the account of the next. The bad year you will have a recession, (will remain) the costs. Why? To stimulate the economy. This is the philosophy of Europeans and that is what we will do. “
He also pointed out that ”the way we tax. Hereafter We will tax on children based on family. This is true in France, valid in Western Europe, it has not been the case here for decades. And for this reason, we must first recognize the problem. Why did you say about the demographic. How many births were in 2008? They were about twice as much as they are now. We have a rapid decline in births. “
The reductions in young people’s taxation “also has a motivation character,” Mr Pierrakakis noted. “What is the goal? We have low unemployment now in Greece. Unemployment is constantly falling. We are at 7.9%. In young people it is bigger. The system must accelerate the entry of young people into the labor market. ” “The numbers are roughly. A luxury family, one person, one will receive two wages back, the couple will receive two by two. When I say two salaries I mean 1/12 by 60.0000. Whatever statements. Trite: a salary back. To the couple for two, “he said.
“The two children: 65% in the couple -two in the couple. 40% to one child. 20% without children. And this is a very big change, again, philosophy on how the system works, “the minister said.
Finally, Mr. Pierrakakis said that “AADE will also announce new information next time. You will find that the VAT gap, that is, the VAT that is not collected, will fall every year, it will fall this year. “