Greek PM to unveil tax breaks as popularity dips

By Angeliki Koutantou and Renee Maltezou

ATHENS (Reuters) -Greek Prime Minister Kyriakos Mitsotakis will announce more than 1.5 billion euros in tax breaks and other handouts this weekend, officials said, as he seeks to halt a slide in popularity caused by a protracted cost of living crisis and corruption claims.

The tax deductions, which Mitsotakis will unveil during his annual economic policy speech on Saturday, will target middle-income earners and families with children. Pensioners will also receive handouts, the three government officials said.

Strong economic growth, a higher-than-expected budget surplus and more comprehensive tax collection will help finance the package, which will come into force in 2026, they said.

“It’s time to reduce taxation for middle-income earners,” Depu