Middle class and “basket” deθ: less deductions, more PR

“Basket” Δεθ: The government promises tax benefits for the middle class (income of 20-50 thousand euros). It sounds like a “fair reward”, but in reality – cautious steps with an aim on PR. Irony is that the efforts of the current government Middle class, soon “will die out like mammoths”.

“The emphasis on households that declared from 20,000 to 50,000 euros,” said a representative of the Ministry of Finance. pic.twitter.com/cebfu3oywa

– Athens News (@russianathens) August 22, 2025

The government is preparing a “basket Δεθ” with tax benefits for households that claim to income from 20,000 to 50,000 euros. The representative of the Ministry of Finance Omiros, Tsapalos said that it was this category of citizens who “carried the memorandums and the restoration of the economy”, and now it is time to “fairly reward them”.

Reference: What is the prime minister’s performance on δεθ The annual performance of the Prime Minister at the International Exhibition in Thessaloniki (δεθ) -This is the main political and economic ritual of the country. Here the prime minister announces tax changes, reforms and social measures. Since the 1980s, δεθ has turned into “Greek state of the union”-the moment when promises sound loudly, and citizens guess: what will really be embodied and what will remain in the form of a poster on the stand.

According to him, The financial base of the reform package will be 1.5 billion euros. Everything looks optimistic: the budget “goes according to plan”, the fight against evasion “gives the result”, and the surplus “provides space to reduce taxes”.

However, the authorities exclude the “logic of manuals.” As Capalos emphasized, temporary support, as in the time of Covid, was only an exception. The main course is “constant measures to reduce taxes and revenue strengthening”, provided that this will not hit the budget.

To the question about indexing the tax scale, Tsapalos answered: “This is too risky for the budget”. Instead, the prime minister will announce the changes in the income tax scale, which should give an effect right away: employees and pensioners “see more money in your pocket” due to reducing 5.

The reduction in VAT is rejected: the government is confident that the benefits “will still be picked up by intermediaries.”

Conclusion: On the table are dozens of ideas, priority – direct taxes. The formula is old: promises of “fair reward of the middle class” plus spectacular PR against the background Δεθ.

How real benefits will be is a big question. In the meantime middle class Greece melting, ice on the summer sun, leaving behind only steam.

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