GREEK government officials announced plans to announce a surplus in the coming months, but they said it would be in the form of a tax-free cash bonus.
The country is expected to receive up to a 3 percent tax on income over €100,000 ($134,000), according to a draft budget document released by the Ministry of Finance on Tuesday.
The government is also set to increase its tax rate from 10 percent to 15 percent, from 10 to 12 percent on foreign income over $200,000, and from 10.5 to 15.5 percent on capital gains.
The new rates would go into effect in the 2018-19 fiscal year.
Greece’s government is currently grappling with the effects of the global financial crisis and austerity measures, including a reduction in pensions and a reduction of unemployment benefits.
The country’s economy is expected shrink by around 10 percent in 2019, as it struggles to contain a massive deficit that has grown to €5.7 trillion.