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Greek Prime Minister Announces Action Plan with Additional Tax Measures in Response to COVID-19

21 September 2020

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Proposed Changes

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Greece

While speaking at the Thessaloniki Helexpo Forum on 12 September 2020, Greek Prime Minister Kyriakos Mitsotakis announced the government's action plan in response to the COVID-19 pandemic, with further information on the tax measures of the plan published by the Ministry of Finance on 16 September. This includes the following main measures: A reduction in the social security insurance contributions for private-sector employers and employees by 3% from 39.7% to 36.7% in 2021; The abolishment of the solidarity contribution for private-sector employees, self-employed individuals, and farmers for one year in 2021; The introduction of a program to subsidize employee and...