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  1. Several obstacles on narrow fiscal path to new tax cuts
    Photo via https://flic.kr/p/2b9vcaC

    EconomyMacroeconomy

    tax also for companies. The budget ended 2024 with another outperformance which affirms the solid.... The primary surplus came to 3 pct of GDP, from 2.5 pct initially expected and the budget was essentially... fiscal impact that has favoured the budget in the first year of implementation could dissipate

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  2. Newsletter 460 - 02/05/2025

    Newsletters

    , while the general government budget was in a total surplus of 3.18 billion euros, or 1.3 pct.... Half a billion of this envelope will be directed to the public investment budget, while 600 million... that were included in the final budget of 2025, Greece had a bumper year in privatisations, jumping

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  3. Fiscal data impressive but details suggest caution still required

    EconomyMacroeconomy

    surplus of 11.4 billion euros, or 4.8 pct of GDP, while the general government budget was in a total... to the public investment budget, while 600 million euros will take the form of handouts, split between... into government finances. Based on the latest available data for 2024 that were included in the final budget

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  4. IMF's latest macro and fiscal estimates reflect economic stability
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    EconomyMacroeconomy

    authorities included in the 2026 draft budget, which expects the economy to grow by 2.2 pct this year.... On the fiscal outlook, the IMF expects this year’s total budget to be in balance this year..., although this could be attributed to methodology differences, that in the draft budget expect a total

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  5. Newsletter 489 - 19/12/2025

    Newsletters

    reflects its effort to balance fiscal constraints — evident in the 2026 budget voted through... approved but familiar shortcomings temper government's economic recordThe 2026 budget was passed through... Minister Kyriakos Mitsotakis presented the budget as proof of Greece’s commitment to fiscal prudence

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  6. Newsletter 495 - 20/02/2026

    Newsletters

    to publish Q4 and full‑year 2025 GDP data in a few days, while the budget execution for last year is taking its final shape. In the final 2026 budget submission at the end of November, the Finance... following sign‑off by Eurostat. The state budget execution, for which the final 2025 data

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  7. Newsletter 499 - 20/03/2026

    Newsletters

    fiscal and political considerations at play. The Greek budget relies heavily on indirect taxation. The 2026 budget projects indirect tax revenues of 40.9 billion euros, up from 39.21 billion last year... Commission’s minimum charge of 360 euros. Given the central role of indirect taxation in budget execution

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  8. Energy crisis puts squeeze on Greek fiscal policy
    Image: Chevron

    Agora

    at play. The Greek budget relies heavily on indirect taxation. The 2026 budget projects indirect tax.... Given the central role of indirect taxation in budget execution, the authorities have been reluctant

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  9. Greece unveils new batch of cost-of-living measures after robust 2025 fiscal results

    EconomyMacroeconomy

    , at 4.9 pct of GDP, significantly outperforming the initial budget outlook for 2025 by a wide margin, as the initial 2025 budget submission expected a primary surplus of 2.4 pct of GDP, or close to 6... the fiscal space following the impressive performance of the budget in 2025.

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  10. Greece's labour market is austerity's biggest casualty

    Agora

    and the recession does not exceed the finance ministry’s estimates) and the revenue side of the budget... investment budget, falling property prices, tight credit conditions and a heavily taxed property ownership

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