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Mitsotakis Announces €3.5B Tax Cuts, Wage Boost Package

9/10/2026

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Summary

Story summary

Prime Minister Kyriakos Mitsotakis announced a €3.5 billion tax-cut and wage-increase package.
The plan adds a €400 yearly pensioner bonus.
Minimum wage for private-sector workers will rise to €1,000 by January 2028.
Mitsotakis aims to cut unemployment to 6% by 2030.
Mitsotakis also targets public debt below 110% of GDP by 2030.

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Story summary

Prime Minister Kyriakos Mitsotakis announced a €3.5 billion tax-cut and wage-increase package.
The plan adds a €400 yearly pensioner bonus.
Minimum wage for private-sector workers will rise to €1,000 by January 2028.
Mitsotakis aims to cut unemployment to 6% by 2030.
Mitsotakis also targets public debt below 110% of GDP by 2030.