Greece to reduce VAT on period products starting in 2027

Greek Prime Minister Kyriakos Mitsotakis announced that the value-added tax (VAT) on period products will be reduced from 24% to 13%, effective January 1, 2027. Speaking to Alpha radio on November 3, 2026, the Prime Minister described the current high taxation as a systemic distortion and a matter of social and gender justice. The government expects that this 11-percentage-point reduction could lead to a decrease in final consumer prices of up to 8.9%, provided the savings are passed on to the public.

The Prime Minister has instructed the Minister of Finance to incorporate this measure into the legislative package previously presented at the Thessaloniki International Fair. Beyond the tax reduction, the government is exploring programs to provide free period products to students in underprivileged areas. While Mitsotakis signaled potential for further targeted tax cuts in 2028 as part of the New Democracy party's upcoming election platform, he cautioned that broader reductions must be balanced to avoid significant fiscal deficits.