The Greek government has presented its 2025 budget, outlining a series of fiscal measures aimed at boosting disposable incomes, stimulating investment, and tackling key social and economic challenges.
The budget includes an additional €1.1 billion in fiscal interventions compared to 2024, with a strong emphasis on supporting workers, pensioners, and families.
Starting January 1, 2025, social security contributions will be reduced for both employees and employers. Freelancers will see the complete elimination of the business tax, providing much-needed relief for independent professionals.
Pension increases are also planned, linked to inflation and GDP growth, along with public sector salary adjustments to ensure competitive wages.
The government is increasing the birth grant to up to €3,500 to address family and demographic concerns, extending maternity benefits for self-employed individuals, and enhancing family allowances. Students will also benefit from increased housing aid for those attending regional universities.
The budget also prioritizes environmental resilience with significant investments in flood mitigation and climate response systems.
Prime Minister Kyriakos Mitsotakis emphasized the budget's balanced approach to economic growth and social welfare, reinforcing Greece's recovery trajectory.
Analysts and stakeholders are closely monitoring the rollout of these initiatives, which aim to solidify Greece's position as a stable and progressive economy within Europe.