{"id":5494,"date":"2025-03-25T20:10:51","date_gmt":"2025-03-25T20:10:51","guid":{"rendered":"https:\/\/in-greece.com\/index.php\/2025\/03\/25\/delicate-handling-of-fiscal-policy\/"},"modified":"2025-03-25T20:10:51","modified_gmt":"2025-03-25T20:10:51","slug":"delicate-handling-of-fiscal-policy","status":"publish","type":"post","link":"https:\/\/in-greece.com\/index.php\/2025\/03\/25\/delicate-handling-of-fiscal-policy\/","title":{"rendered":"Delicate handling of fiscal policy"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"post-1264964\">\n    <!-- .entry-header --><\/p>\n<div class=\"first-img article_thumbnail_wrapper\" itemscope=\"\" itemprop=\"associatedMedia\" itemtype=\"http:\/\/schema.org\/ImageObject\">\n                                                                    <picture><source media=\"(max-width: 767px)\" srcset=\"https:\/\/www.ekathimerini.com\/wp-content\/uploads\/2021\/01\/cash-thumb-large-thumb-large-320x200.jpg?v=1611934234\"><img loading=\"lazy\" decoding=\"async\" width=\"960\" height=\"600\" class=\"picture-main-block-image\" data-nxsrc=\"https:\/\/www.ekathimerini.com\/wp-content\/uploads\/2021\/01\/cash-thumb-large-thumb-large.jpg?v=1611934234\" alt=\"Delicate handling of fiscal policy\" src=\"https:\/\/www.ekathimerini.com\/wp-content\/uploads\/2021\/01\/cash-thumb-large-thumb-large.jpg?v=1611934234\"\/><br \/>\n                        <\/source><\/picture>\n                                                        <\/div>\n<div class=\"entry-content\" itemprop=\"articleBody\">\n<p>Finding resources to further reduce tax burdens is not the only headache for the new leadership of the National Economy and Finance Ministry.<\/p>\n<p>The income tax brackets that the financial staff wants to change is scheduled to yield around 15.2 billion euros this year from personal income tax alone, while for 2026 the bar must be set even higher.<\/p>\n<p>The aim is to achieve the numerous economic and political goals with the available fiscal space of a few hundred million euros \u2013 the amount that will be allocated for the redesign of the tax scale will be fixed in the summer: to show from early 2026 that sound fiscal management and policies to limit tax evasion lead to measures to boost real income; to limit extremely high tax deductions, especially for middle- and high-income earners; and provide tangible benefits to as many taxpayers as possible.<\/p>\n<p>The ministry knows that surgical interventions will be needed in the tax brackets, the second (after VAT) most profitable weapon at the disposal of the ministry.<\/p>\n<p>Each rate reduction and tax bracket increase can cost hundreds of millions of euros in fiscal terms, without any substantial effect for taxpayers.<\/p>\n<\/p><\/div>\n<p><!-- .entry-content --><\/p>\n<\/div>\n<p><script>\n        var NXFBPixelFunc = function () {\n            document.removeEventListener(\"scroll\", NXFBPixelFunc);\n            setTimeout(function () {\n                !function (f, b, e, v, n, t, s) {\n                    if (f.fbq) return;\n                    n = f.fbq = function () {\n                        n.callMethod ?\n                            n.callMethod.apply(n, arguments) : n.queue.push(arguments)\n                    };\n                    if (!f._fbq) f._fbq = n;\n                    n.push = n;\n                    n.loaded = !0;\n                    n.version = '2.0';\n                    n.queue = [];\n                    t = b.createElement(e);\n                    t.async = !0;\n                    t.src = v;\n                    s = b.getElementsByTagName(e)[0];\n                    s.parentNode.insertBefore(t, s)\n                }(window, document, 'script',\n                    'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n                fbq('init', '109138906120213');\n                fbq('track', 'PageView');\n            }, 0)\n        };\n        document.addEventListener(\"scroll\", NXFBPixelFunc);\n    <\/script><br \/>\n<br \/><br \/>\n<br \/><a href=\"https:\/\/www.ekathimerini.com\/economy\/1264964\/delicate-handling-of-fiscal-policy\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Finding resources to further reduce tax burdens is not the only headache for the new leadership of the National Economy and Finance Ministry. The income tax brackets that the financial staff wants to change is scheduled to yield around 15.2 billion euros this year from personal income tax alone, while for 2026 the bar must &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Delicate handling of fiscal policy\" class=\"read-more button\" href=\"https:\/\/in-greece.com\/index.php\/2025\/03\/25\/delicate-handling-of-fiscal-policy\/#more-5494\" aria-label=\"Read more about Delicate handling of fiscal policy\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":5495,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"fifu_image_url":"https:\/\/www.ekathimerini.com\/wp-content\/uploads\/2021\/01\/cash-thumb-large-thumb-large.jpg?v=1611934234","fifu_image_alt":"","footnotes":""},"categories":[2],"tags":[],"class_list":["post-5494","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","no-featured-image-padding"],"_links":{"self":[{"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/posts\/5494","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/comments?post=5494"}],"version-history":[{"count":0,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/posts\/5494\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/media\/5495"}],"wp:attachment":[{"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/media?parent=5494"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/categories?post=5494"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/tags?post=5494"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}