Overview

• The prime minister said he will not call a snap election before 2027 and is considering a third term after presenting the tax plan in Thessaloniki.
• The €1.6 billion reform, to be written into the 2026 budget, trims most income tax brackets by two percentage points with added relief for families and younger workers.
• Measures include a new 39% bracket for €40,000–€60,000 incomes, zero tax for low-income families with four children, and lower taxes on rental income.
• Residents of small islands will see a 30% VAT reduction and rural villages will get property-tax relief, with additional housing planned on former army sites.
• The government cites stronger growth, a higher primary surplus and tighter tax collection to finance the package, as police counted more than 16,000 protesters in Thessaloniki and polls show New Democracy near 22–25%.