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Economy

Staikouras: Greek Govt Committed to Lowering Special Property Tax by 8%

February 2, 2021

ATHENS — The Greek government is committed in lowering the ENFIA special property tax by 8.0 pct, Finance Minister Christos Staikouras said on Tuesday. In comments made to "Parapolitika" radio, Staikouras gave assurances that a revision of property prices will not lead to increases in the ENFIA tax, with the exception of areas where "prices must be raised". The finance ministry plans to include around 3,000 new regions in the system of setting property prices and to create the necessary fiscal space for lowering the ENFIA tax. These are all high-value regions, mostly coastal areas on Greek islands.

In other comments, Staikouras reiterated that the state will cover a significant part of all economic and health consequences of the pandemic, but stressed that the economy has its limitations.

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