Volt has highlighted a state revenue loss of €132 million resulting from the reduced VAT applied to first residences valued above €500,000. The claim is based on data from the Ministry of Finance, provided in response to a parliamentary question submitted by Volt MP Alexandra Attalidou.

According to the party's announcement, the current legislation and the three-year transitional period allow for what it calls a “scandalous subsidy” for the purchase of luxury residences—at the expense of social policies that should instead target truly vulnerable populations.

The announcement further states that over a 19-month period, out of 9,000 applications for the reduced VAT on first homes, 950 concerned properties worth over €500,000, with an average price of €1.3 million. For the remaining 8,050 applications, the state lost an additional €162 million in revenue.

Volt also criticizes the government's broader fiscal priorities, pointing out that families earning over €50,000 are excluded from receiving child allowances, while children's products remain taxed at the standard 19% VAT rate.