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17
May 2026
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Plans for a “Euro-tax” of up to €3 on cigarettes – Pierrakakis warns Ecofin of increased smuggling

With the new tax being considered in Europe, the price of a pack of cigarettes could reach up to €7. “When we raise taxes excessively, smuggling increases,” stressed the Greek Minister of Finance

Budget 2026: Total state tax revenues increase by €2.6 billion

The primary surplus will reach 2.8% of GDP, but in a year when the same budget will give tax cuts and new benefits, the total cost of which will amount to €1.76 billion

Who isn’t paying taxes: Over 4 million in debt, but only 3.8% in settlement plans – IKEs inflate the arrears

90% Owe Less Than €10,000 – 10,000 Tax IDs Owe €85 Billion – As of July 2025, Overdue Debts Reached €111.82 Billion, Up €4.56 Billion from Last Year

Pierrakakis: There will be additions to the measures announced at the Thessaloniki International Fair (TIF)

“There will be additions regarding the three-year exemptions on rental tax; there will be three changes,” emphasized the Minister of Finance

AADE: Battle against tax evasion strengthened through advanced digital tools

The project was funded by the European Union and implemented in collaboration with the Swedish Tax Agency

Reactions in Kos to AADE’s “I’ll Take You on a Cruise” Operation

Lawyers representing local business owners and shipowners argue that the information released does not reflect reality

Kyriakos Pierrakakis: New digital platform to inform citizens about the benefits of measures within two weeks

“We are the government that tackles tax evasion,” said the Minister of National Economy and Finance

New bill – Migrants accepted only with agricultural and student visa

Work training program for legal migrants instead of benefits – Separate hosting centers for those with asylum prospects and those deemed illegal from the outset

Labor Inspectorate: Restaurants lead in fines with €4.5 million – 10% Increase in checks in the tourism sector

8,141 inspections carried out from June to August

The 83 taxes that have been reduced from 2019 to date – Which relief measures will apply from 1 January 2026

Of the 83 tax and contribution reductions, 25 concern indirect taxation

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