Budget 2027: The New Year Brings More Euros to Households - Who Benefits From Tax Increases and Reductions
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Analysis of the draft budget sent to Brussels shows that a combination of tax cuts, increases in wages and pensions and subsidies can improve disposable income across the income spectrum.
The picture is becoming more worrying for economically weaker households.At a time when the Ministry of Economy and Finance predicts an average increase in disposable income of 701 euros in 2027, Greek families are facing an even more expensive winter. The starting price of heating oil is estimated at 1.55 euros per liter, up by about 38% compared to last year, raising serious questions about the real benefit of government interventions. Accordi…
The government plans to increase salaries in the budget sector by 5% in 2027, and the salaries of teachers and other pedagogical specialists by 7.5%. Pensions are expected to increase by about 8% from July 1. At the same time, an increase in the maximum social security income and minimum social security thresholds is planned, which will bring over […]
Budget 2027 will collect over 10% more in social security contributions for employees and employers. Social security contributions are maintained as a percentage, but a new increase in the maximum social security income and minimum social security thresholds is planned.
The Greek government’s Draft Budgetary Plan (DBP), submitted to the European Commission, predicts an average increase in annual disposable income by 701 euros or 4.64%, a reduction in the tax burden and a significant decline in poverty and income inequality indicators for 2027. The data comes from a special analysis of the impacts of […] The article Annual disposable income to increase by 701 euros in 2027 – Reduction of taxes, poverty and inequ…
The 2027 budget draft foresees an average income increase of 701 euros. Estimates for taxes, growth, public debt and poverty
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