Mitsotakis announces 13% property tax cut

Kyriakos Mitsotakis announced a 13% cut in the Single Property Tax (ENFIA) on Wednesday morning. The premier added that the additional 13% cut covers the government’s commitment to cut property taxes by a total of 30%.

13%. Συνεχίζουμε να καλύπτουμε μέρος των αυξήσεων στους λογαριασμούς του ρεύματος που οφείλονται στη διεθνή ενεργειακή κρίση, ενώ την 1η Μαΐου θέτουμε σε εφαρμογή και δεύτερη σημαντική αύξηση του κατώτατου μισθού.

—Prime Minister GR (@PrimeministerGR) February 2, 2022

“Today, we are embarking on a bold new 13% ENFIA permanent cut. We continue to cover part of the increase in electricity bills due to the international energy crisis, and on May 1 we will implement a second significant increase in the minimum wage.”

“Under the new rules, eight out of ten property owners will pay an even lower rate,” Mitsotakis said in a televised address to the public.

The total reduction in new ENFIA contributions will amount to 350 million euros, much higher than the 70 million euros budgeted for 2022, the Prime Minister stressed.

The total discount will be 30% for objects worth up to 100,000 euros from 60,000 to date. From 2020, a temporary reduction has been introduced.

Recall that ENFIA was initiated in 2012 at the behest of creditors as an “interim measure”.

A little later, Minister of Finance Christos Staikouras, explaining the reduction of ENFIA, also said that 14% of property owners would pay the same amount as last year.

In the same message, Prime Minister Mitsotakis also announced that the government would continue to subsidize part of the electricity bill increase “due to the global energy crisis” – as he said and added that “a second significant minimum wage increase will be implemented from May 1”.

ENFIA’s announcement comes amid outrage over appalling energy bills and rising prices for essential goods, as the government planned to issue ENFIA bills by the end of February.

Twitter readers were very skeptical of Mitsotakis’s statements

Διάπλατα ανοίγει ο εκλογικός δρόμος! #ενφια

— Πολυλογάς (@georgepsal) February 2, 2022

The pre-election period has begun! #ενφια

— Pantelis Handras (@mirmigi) February 2, 2022

News: ENFIA cut 13% – Correct news: ENFIA cut 13% at new higher targets

Μην βιάζεσαι, έχουμε τουλάχιστον ένα χρόνο ακόμα.

— Σογγαράκι ?️?️?️ (@stelioskts) February 2, 2022

Take your time, we have at least another year.

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