×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Thursday
23
Apr 2026
weather symbol
Athens 11°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> Economy

Kyriakos Pierrakakis: Only 10% of the additional surplus comes from taxes

“It would be irresponsible if we had ‘scraped the bottom of the barrel’ — we still have ‘ammunition’; we have preserved fiscal space of around €200 million”

Newsroom April 22 10:04

A clear message of support for citizens facing rising prices and the energy crisis—along with criticism of the opposition for what he described as “irresponsible” fiscal approaches—was delivered by the Minister of National Economy and Finance, Kyriakos Pierrakakis, in an interview on the main news bulletin of Alpha TV with Antonis Schroiter.

The minister defended the €500 million package of measures, stressing that it “extends across the whole of society” and combines temporary interventions with long-term policies, particularly focusing on regulations for private debt and support for vulnerable groups. He also sought to counter criticism of over-taxation, arguing that only 10% of the additional surplus stems from taxes, while the remainder is attributed to economic growth, lower unemployment and reduced public spending.

At the same time, Pierrakakis insisted that the government still has “fiscal ammunition” to address the crisis, assuring that the economy remains on target. He emphasized that the strategy is based on gradually supporting citizens without returning to practices that, as he noted, led the country into crisis.

Ask me anything

Explore related questions

#economy#greece#Kyriakos Pierrakakis#surplus#taxes
> 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

The 6 Best Listening Bars in Athens

April 23, 2026

Analysis: The end of illusions about Ukraine – The €90 billion EU loan means the war with Russia…is only now beginning

April 23, 2026

“Greece is giving lessons in fiscal policy”: Italian newspaper praises Kyriakos Mitsotakis’ strategy

April 23, 2026

Russia threatens European countries, including Greece, over hosting French nuclear-capable bombers

April 23, 2026

Mitsotakis to Breitbart: I can guarantee that Trump will have a very good time in Greece – We hope he will manage to reach an agreement with Iran

April 23, 2026

A headless marble statue of the goddess Athena was discovered in Turkey (video-photos)

April 23, 2026

The State will participate in the share capital increase of PPC

April 23, 2026

Public Power Corporation (PPC): Mega share capital increase of €4 billion

April 23, 2026
All News

> Greece

In reverence, the emotional deposition in Jerusalem, see photos & video

The Holy Temple of the Resurrection opened after many days due to the war between Israel and Iran

April 10, 2026

In the final stretch for the accreditation of joint master’s degrees: Aiming for their launch in the coming academic year

April 10, 2026

Schedule for Epitaph Procession today (10/4)

April 10, 2026

Perfect weather for Easter excursions, according to Tsatrafyllia’s forecast

April 10, 2026

Easter in Greece: The customs that continue in Greek tradition – From Nafpaktos to Corfu

April 10, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα