×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Wednesday
10
Dec 2025
weather symbol
Athens 17°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> Economy

Draft Budget: Additional permanent revenue through new measures against tax evasion & smuggling for 2026

The answer to where additional revenue will come from to fund benefits and tax cuts totaling €1.76 billion in 2026, without the need to impose new taxes to cover this cost for the public sector

Kostis Plantzos October 16 10:19

Additional permanent revenue from tax evasion—beyond the €3.9 billion cumulatively secured by the Ministry of Finance in 2024–2025—is “promised” for 2026 by the new measures the government is advancing.

In response to questions from European Commission teams regarding the source of additional revenue for benefits and tax cuts amounting to €1.76 billion in 2026, without imposing new taxes to cover this public cost, the General Accounting Office submitted Greece’s draft budgetary plan to Brussels, as required under the new fiscal rules for all EU member states.

The plan reveals that, after all measures already implemented (myDATA, POS and IRIS “everywhere,” electronic invoices from early September, etc.), new measures will also be introduced in 2026.

>Related articles

Bloomberg: A high-symbolism test for Greece as Pierrakakis fights for the Eurogroup presidency

Bloomberg: SpaceX planning the biggest IPO of all time with a target valuation of $1.5 trillion

Trump at the top of Politico’s list of the 28 most powerful in Europe, Le Pen and Putin in the top five

According to the budgetary plan, actions scheduled by the Independent Authority for Public Revenue to be implemented include:

  • A new digital platform, MIDAS, which will collect data on property ownership and use for every taxpayer nationwide.
  • Expansion of mandatory electronic invoicing to all businesses.
  • Digital submission of delivery notes in additional sectors of the market.
  • Implementation of a Digital Customer Registry in the events sector.

Additionally, the following initiatives are underway:

  • Development of an advanced Business Intelligence (BI) and data analysis system, designed to analyze and predict non-compliance patterns, along with the creation of a Compliance Risk Management (CRM) and Enterprise Risk Management (ERM) system to record, monitor, and manage compliance and operational risks.
  • The establishment of a working group on cryptocurrency taxation, supervision, and regulatory framework, aiming to create an effective and fair institutional framework for cryptocurrency taxation in 2026, in line with European capital market legislation.

Furthermore, in the coming months, a law is expected to be passed establishing procedures for issuing preventive tax rulings. According to the Ministry of National Economy and Finance, this reform aims to allow businesses to receive preliminary clarifications on the tax treatment of specific transactions or business structures, thereby reducing tax uncertainty. It is also expected to boost investor confidence and create a stable, predictable environment—crucial for economic growth and attracting new investments.

Ask me anything

Explore related questions

#budget#economy#greece#politics#tax evasion
> More Economy

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

Bloomberg: A high-symbolism test for Greece as Pierrakakis fights for the Eurogroup presidency

December 10, 2025

Goldman Sachs: Why Greek banks will continue to lead in 2026

December 10, 2025

Bloomberg: SpaceX planning the biggest IPO of all time with a target valuation of $1.5 trillion

December 10, 2025

Trump at the top of Politico’s list of the 28 most powerful in Europe, Le Pen and Putin in the top five

December 10, 2025

Georgiadis: Destampasidis and Marangeli acted with intent and received millions in the U.S. with contradictory testimonies in Greece

December 10, 2025

Exarchos meets with Pete Hegseth on the US-Greece energy agreements

December 10, 2025

The…“farmer-drama,” M.M. and the blue MPs, Alexis’ shadow again in Koumoundourou (today the big developments), the Israeli and the hammer, time for the Swiss

December 10, 2025

Concerns over sperm donor linked to inherited cancer gene affecting nearly 200 children across Europe and Greece — Including fatal cases

December 10, 2025
All News

> Culture

Golden Globes 2026: Anticipation builds around nominations, surprises, and notable absences

A celebration of visionary storytelling, surprising snubs, and the global spirit of cinema

December 9, 2025

Benaki Museum: Christmas all-day program for all ages

December 8, 2025

Restoration and enhancement works begin at the historic Church of Agios Nikolaos Rangavas in Plaka

December 8, 2025

George Osborne: “I remain optimistic about reaching an agreement with Greece on the Parthenon Sculptures”

December 7, 2025

History has treated her unfairly”: The 400-year mystery surrounding Shakespeare’s wife and son

December 6, 2025
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2025 Πρώτο Θέμα