“The execution of the 2025 budget presents additional revenues of 2 billion euros, in excess of the forecast”, Vice Prime Minister Kostis Hatzidakis pointed out at the start of a press conference at the AADE on Monday (31/3) at noon.

“From 2019 onwards in the government of Kyriakos Mitsotakis, a lot of work has been done to reduce tax evasion, he noted, among other things, at a press conference on “Evolution of VAT registration and electronic payment data by sector”, in the presence of the Minister of National Economy and Finance, Kyriakos Pierrakakis and the Governor of the Hellenic Tax Authority, Giorgos Pitsilis.

Among other things, he said: “VAT-related revenues have to do with the expansion of electronic transactions and with the connection of POS with cash registers (…) Thanks to these positive and effective initiatives, the government has been able to reduce taxes. We have reduced 72 taxes from 2019 onwards (…) It is something that will be done this year as well, based on the Thessaloniki International Fair.”

Mr. Pierrakakis mentioned the 3 keys to success: 1. economic development of the country, 2. digitization of the economy and 3. digital tools of the ADEA, i.e. interconnection of Pos – cash registers and mydata. “The study of the AADE is a treasure trove of data. Through the actions that have been planned and will be presented soon, the AADE has a vivid picture of the country’s economic activity (…) The enrichment techniques with artificial intelligence and data analytics will be the bet in the next period” noted the Minister of National Economy and Finance.

“(In our study) we will show an estimate of the results of all the initiatives we have taken so far, in terms of the tax evasion footprint (…) At least 500 million euros come from improving compliance” said the Governor of the Independent Public Revenue Authority George Pitsilis.