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Greece’s digital tax overhaul boosted revenue, achieved a surplus, and lowered borrowing costs.
Greece has transformed its once-crisis-ridden tax system into one of Europe’s most advanced by using big data, drones, and real-time surveillance to combat evasion and boost revenue.
The Independent Authority for Public Revenue now monitors millions of transactions daily, flagging anomalies through algorithms and conducting targeted raids using drones and repurposed smartphones.
This digital overhaul, led by institutional reforms and sustained since 2017, helped Greece achieve a budget surplus in 2024—the sixth EU nation to do so—and secure investment-grade bond ratings, lowering borrowing costs.
Revenue growth has enabled tax cuts and modernized payments, including a new instant system, IRIS.
While challenges like high living costs and inequality persist, officials credit the reforms with restoring fiscal credibility and establishing a model of digital transformation and transparency.
La reforma tributaria digital de Grecia impulsó los ingresos, logró un superávit y redujo los costos de endeudamiento.