ATHENS, 7th September, 2025 (WAM) -- Greek Prime Minister Kyriakos Mitsotakis announced on Saturday a radical 1.6 billion (US$1.9 billion) reform of the country's income tax system, aimed at boosting the nation's middle class that has struggled to rebound from years of crisis. In an annual speech setting out his government's policy priorities for the coming year, Mitsotakis unveiled cuts in income tax rates, particularly for families with children. He also announced extra benefits for pensioners, better wages for security-force employees and diplomats, and other tax cuts first introduced during Greece's decade-long debt crisis. "I know very well that high prices are the biggest problem," and the tax reform is designed to address that, Mitsotakis said, speaking at the Thessaloniki International Fair. Value-added tax in distant islands with fewer than 20,000 citizens is being reduced by 30 percent.