Greece is hoping to appeal to young workers with a huge tax breaks. Starting this year, Greek workers under 25-years-old earning up to €20K annually will no longer pay income tax. With it, the finance ministry estimates a 24-year-old earning €20K can save nearly €2.5K a year.w Those between 25-30-years-old will also see tax rates dropping to 9%, down from 22%. The policy is part of a broader package aimed at combating demographic decline and supporting households squeezed by years of inflation. As European countries compete to attract and retain young talent, Greece is betting the tax policy can be a differentiator that keeps their youth in their home country. (Euronews)
