Greek News Economy Mitsotakis Announces Tax Cuts for 2020 and Absentee Ballot for Expats From...

Mitsotakis Announces Tax Cuts for 2020 and Absentee Ballot for Expats From Thessaloniki

Greece’s Prime Minister Kyriakos Mitsotakis announced on Saturday evening that Greek expatriates will obtain the right to vote in Greece’s elections using absentee ballots, during the official inauguration of the 84th Thessaloniki International Fair (TIF).
PM Mitsotakis presented what he called an agreement for the development, renaissance, action, and progress of the country.
He pledged that his government will soon bring forward a bill with which the Greek expatriates will obtain the right to vote in Greece’s elections without having to physically be present in the country. For this reason, his government will introduce the ”absentee ballot” for those who live abroad.
Mitsotakis made a series of economic pledges too, including various tax cuts.
The tax cuts Mitsotakis announced were:

  • The income tax rate will be reduced to 9 from 22 percent for annual salaries up to €10,000.
  • The tax on new agricultural corporations will be 10 percent.
  • The corporate tax will be reduced from 28 to 24 percent.
  • The tax on dividends will be reduced from 10 to 5 percent.
  • The VAT is suspended for three years on new constructions.
  • The introduction of a 40-percent discount on costs for renovations or upgrading of buildings.
  • The introduction of a €2,000 allowance for every newborn child.

The PM also announced a series of other tax cuts and allowances targeted at specific groups of people, such as young parents, pensioners, and drivers.
He added that the new underground railway of Thessaloniki (metro) will be ready by April 2023.
Trade unions hold rallies and marches in Thessaloniki

The rally at Aristotelous Square.

Trade unions held protest rallies and marches at the center of Thessaloniki on Saturday, coinciding with the inauguration of the 84th Thessaloniki International Fair (TIF), to demand better pay and pensions, improved working conditions, and stronger labor and social rights.
The General Confederation of Employees of Greece (GSEE) and the civil servants’ union federation ADEDY held a joint rally at the Venizelos statue with the participation of several unions, pensioners, and other groups.
Clashes erupted between police and demonstrators when some of them tried to reach the place where the PM gave his speech.

A separate rally was held at Aristotelous Square by the Communist Party-affiliated trade union faction PAME, attended by the head of the Greek Communist Party and its MPs, among others.
Leftist, extraparliamentary movements and organizations held a pre-rally in Kamara and headed toward the city center but were stopped by police at Agia Sophia.

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