FinMin Pierrakakis: No taxes for families with many children, people under 25 - iefimerida.gr

FinMin Pierrakakis: No taxes for families with many children, people under 25

Kyriakos Pierrakakis
Kyriakos Pierrakakis /Credits: Eurokinissi, Giannis Panagopoulos
NEWSROOM IEFIMERIDA.GR

The tax relief announced by the prime minister at the Thessaloniki International Fair (TIF) in September 2025 are reflected as of now in salaries paid out today to nearly 1 million wage earners in the private sector, National Economy & Finance Minister Kyriakos Pierrakakis said on Friday in a social media post.

"Families with several children will pay no tax. Young people below 25 years of age will pay no tax. A person with many children who gets paid 1,800 euros a month will see a 300-euro increase in his bank account as of today," said Pierrakakis in a video he posted that included excerpts from his interview to Skai TV on Friday.

The minister acknolwedged that this was not 'a magical solution to all problems,' but "whether a state, whether a family, whether the budget of a company, we all know we have restrictions. Can you do the best possible thing? Do you know what you are doing? That is what we will be judged on."

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