Feb 17 β€’ 05:56 UTC πŸ‡¬πŸ‡· Greece To Vima

Taxation: How much taxpayers will pay every month in 2026

Greek taxpayers are expected to contribute approximately €6.1 billion monthly for the remainder of 2026 to meet budgetary revenue targets, significantly impacted by inflation.

In Greece, taxpayers will be required to pay around €6.1 billion each month for the rest of 2026. This figure is essential to achieve the necessary tax revenues outlined in the current year's budget. Recent budget data released for January highlights that the year started with tax revenues exceeding the target by 1.2%, largely attributed to rising inflation. Specifically, tax revenues reached €6.207 billion, surpassing the projected €6.136 billion established in the final budget documentation for 2026.

The persistently high inflation affecting the entire country is seen as a key factor boosting tax revenues for the government led by Prime Minister Kyriakos Mitsotakis. As the fiscal framework develops, estimates suggest that total tax revenues for 2026 will reach €73.477 billion, an increase of €2.498 billion or 3.5% compared to 2025. This growing revenue stream implies that taxpayers across Greece will bear an additional burden of €67.2 billion in contributions to sustain government spending and services.

As the government navigates an economic landscape marked by inflationary pressures, these tax revenue projections raise concerns among citizens, who may feel the ongoing financial strain in their everyday lives. The approach taken by the Mitsotakis administration illustrates the challenges of balancing revenue needs with the economic realities faced by households. It is crucial for policymakers to address how these fiscal measures will impact the average taxpayer and broader economic stability in Greece.

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