The government will proceed with a legislative initiative to address the housing problem and the issue of high commissions imposed by banks in daily transactions, said the Minister of Economy and Finance, Kostis Hatzidakis, noting that the government is immediately launching the new real estate leasing agency for over-indebted borrowers.

Speaking on ERTNews' "Epilogue" show on Thursday night, Hatzidakis stressed that "there is the big issue for us of commissions, which the government will stand on as it will stand on the housing issue." Asked if a law will be needed for the measures being launched, Hatzidakis replied "yes.".

At the same time, the Greek Minister of Defence announced the universal implementation of IRIS within 2025. "We want to make it mandatory from next year for everyone and for businesses, for department stores, for everyone, because it is facilitating for all sides," he stressed. Announcements from the government on the property leaseback operator are expected immediately. This will take ownership of properties from borrowers who cannot service their loans with the aim of leasing them back to them under a buy-back agreement over time. The rent would be subsidised by the state.

"You will hear announcements soon. It is something that will not be delayed. They concern the possibility of people who are in danger of losing their homes being able to somehow, as is done in other European countries, to stay there," he said. September 2025 will be the month of announcements on the next tax policy changes.

As the Minister of Economy and Finance pointed out, "logically we will have more revenue next year, and logically we will go to the European Commission and tell them that now you have to allow us to make interventions beyond what has been agreed and reduce tax rates even further. Our priority is on direct taxes."

Referring to the presumption of living expenses, he said there is a committee working on this, and when asked if there is a timetable on this issue, he replied, "Hold September." December 13 will be the day of a new early repayment of public debt to its creditors totalling €7.93 billion.