Politics9/3/2025Bloomberg

Greek Premier Eyes Tax Relief to Ease Years of Post-Crisis Pain

Greek Premier Eyes Tax Relief to Ease Years of Post-Crisis Pain

Greek Prime Minister Kyriakos Mitsotakis is set to announce tax relief measures to alleviate the financial burden on the country's middle class. This comes after Greece's successful recovery from the prolonged economic crisis that gripped the European Union. The government has managed to achieve a fiscal turnaround, which was deemed unlikely during the height of the debt crisis. This has now enabled them to consider providing tax relief to help ease the years of post-crisis pain experienced by the Greek population. The details of the relief measures have not been disclosed, but they are expected to address the financial challenges faced by the middle class, who have borne the brunt of the austerity measures implemented during the crisis. The announcement is seen as a political move by the government to appeal to its constituency and demonstrate its commitment to improving the economic well-being of the Greek people.

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