Makis Keravnos' Proposals for Tax Reform
September 7, 2025
Finance Minister Makis Keravnos presented his proposals for tax reform, aiming to ease concerns and reactions. He will withdraw the contentious provision regarding executive salaries and add safeguards to the legislation. The minister reassured that excessive powers for the Tax Commissioner would not be allowed and confirmed that the reform will be implemented in 2026. He emphasized that the tax-free allowance will increase and that this is not a policy favoring the rich. Lastly, he highlighted the importance of reducing taxes to support businesses and foreign investments.