Mitsotakis to unveil economic plan reaching 2030 at Thessaloniki International Fair

Multi-year economic framework

Greek Prime Minister Kyriakos Mitsotakis will deliver the keynote address at the Thessaloniki International Fair on Saturday at 20:00 at the Vellidion Convention Centre. The presentation represents his eighth TIF address as prime minister and his tenth overall as New Democracy leader, following the cancellation of the 2020 event during the coronavirus pandemic. Government officials indicate that the address will center on the keyword "horizon," establishing a structured economic roadmap extending through 2030 and 2031. Rather than presenting an annual package of short-term fiscal measures, the administration plans to bridge its governing terms from 2019 to 2027 with a proposed third four-year term. The announced interventions will follow a binding, month-by-month implementation schedule starting in November 2026, combining new spending measures with the tax reform announced at the fair in 2025 to increase net household disposable income.

Targeted outreach to key demographics

The policy announcements focus on restoring relations with traditional voting blocs following the June 2024 European Parliament elections. For Greece's 714,000 self-employed professionals and freelancers, the government plans a phased abolition of imputed income tax criteria for compliant businesses and is evaluating a further cut to the current 55% advance tax rate. The governing New Democracy party saw its support among freelancers drop from 45% in the May 2023 national elections to 28.5% in the 2024 European vote, representing a decline of nearly 17 percentage points linked to tax legislation enacted in 2023. Government spokesman Pavlos Marinakis indicated to NEWS 24/7 that these tax adjustments will specifically target tax-compliant professionals. The prime minister will also introduce a four-digit target for the national minimum wage, raising the planned threshold to €1,000 compared to the €950 target previously listed in the party's election manifesto.

Pensions, family benefits and housing policy

Measures addressing Greece's 2.6 million pensioners aim to reverse electoral declines from May 2023, when roughly one in two pensioners backed New Democracy, to 38.9% in the 2024 European vote. Pensioners will see their November allowance increase to €446 alongside a reduction in the solidarity contribution, although government representatives have ruled out reinstating the 13th pension. For family support, the government will equalize three-child families with the statutory privileges granted to large families while expanding demographic allowances established during the previous year's fair. Housing initiatives will center on the launch of the "My Home 3" program, utilizing public real estate assets for social housing, renovating closed properties, and subsidizing first-home purchases for young couples and frontline personnel.

Fiscal costing and regional development

Ahead of the speech, Mitsotakis toured municipalities across the B Thessaloniki electoral district on Friday morning, inaugurating regional infrastructure projects and attending an event with the New Democracy youth wing ONNED. Deputy Prime Minister Kostis Hatzidakis confirmed that the 2030 strategy includes a national demographic renewal plan to reduce child-rearing costs, support work-life balance, and advance an integrated regional development framework focused on Northern Greece. Government officials emphasize that every proposed initiative will include designated funding sources to demonstrate fiscal credibility, distinguishing the roadmap from recent proposals presented by former prime minister Alexis Tsipras. The roadmap also provides tax relief that zeroes out specific tax liabilities for agricultural workers, followed by public sector income adjustments scheduled to take effect within 2027.