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)
Reports and Webinars are limited to the Region terms of your Pro and Prime subscription, as shown in “Purchased Regions”.
- To filter all content types to individual Region(s) you have purchased, apply your Region(s) under “Purchased Regions.”
Articles, Video Updates, and News across all Regions are open to all Pro and Prime subscribers.
- To see this content for any Region, use the “Content Filter”.
