Kyriakos Mitsotakis wants to go up in Thessaloniki with a benefits of 1.5 billion euros in September. Sources of the Ministry of National Economy and Finance clarified that the 1 billion will come from over -budget revenuewhile the remaining 500 million euros will be the benefit of activating the escape clause for defense spending.
According to ministry officials in RES-EIA, The package will include middle class tax cuts, reinforcement of vulnerable groups, and housing interventions. The final decisions on the mix of measures will be made in August.
Among the proposals processed by the financial staff are included:
- Medium -income tax cuts, with interventions in the stages and tax rates.
- Tax relief for families with children to support families, with the potential to increase the tax free.
- Reduce the tax burden on rental income as well as incentives to owners to provide the market on the market.
Specifically for the mortgage, Finance Minister Kyriakos Pierrakakis has recently stated that the financial staff is preparing a number of proposals that will create a ‘positive supply shock’.
Setup for Swiss franc
Ministry sources also announced that The arrangement to relieve the cost of those who have borrowed in Swiss franc is expected to be ready in September. Possible scenarios, in collaboration with the Bank of Greece and the banks, take into account all the parameters (equivalent, securitization, “Hercules” program, loans that are already served or turned into euros) in order to ensure proper balance.
Source: RES-EIA