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Greece’s Economic Plans: Minimum Wage Increase and Tax Revenue Goals for 2025

As Greece prepares to increase the minimum wage by €40 in April and aims for a minimum wage of €950 by 2027, the Independent Authority for Public Revenue sets a record tax revenue target of €67 billion for 2025. Significant sources include VAT, personal income tax, and corporate income tax. Additionally, changes in property values in several municipalities are expected to impact real estate taxes. The developments offer insights into the government’s economic strategies and potential benefits for small and medium-sized enterprises.

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