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Greece’s Budget Plan Fosters New Tax Relief Amidst Tax Evasion Crackdown

Greece’s 2025 budget lays the groundwork for permanent tax relief, relying on a projected surplus of €1.8 billion from enhanced measures against tax evasion. The government anticipates additional revenues of €3.754 billion compared to 2024 targets, bolstered by increased electronic transactions and a stronger economy. Details of new tax measures aimed at income support are expected to be announced in 2024, contingent on continued revenue growth and approval from the European Commission.

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