Greek PM Announces €1.2 Billion Budget Surplus Will Be “Returned to Citizens”
Kyriakos Mitsotakis highlights fiscal overperformance and pledges benefits for society amid strong economic indicators
ΣΑΒΒΑΤΟ
26
ΣΕΠΤΕΜΒΡΙΟΥ
GREEK ECONOMY
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Greek PM Announces €1.2 Billion Budget Surplus Will Be “Returned to Citizens” -
Greek Public Debt at €368.3 Billion – But Net Burden Drops
Greek Public Debt at €368.3 Billion – But Net Burden Drops
Strong liquidity buffer and low servicing costs offer Greece long-term fiscal stability
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Seven Years of Restructuring – The Mega Deals That Reshaped the Greek Economy
Seven Years of Restructuring – The Mega Deals That Reshaped the Greek Economy
From bailout exit to investment magnet – How Greece redefined its business landscape
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UBS: Three Key Drivers for the Greek Economy in 2025–2026
UBS: Three Key Drivers for the Greek Economy in 2025–2026
Slight downgrade for 2025 growth to 2.3%, while external risks and EU funding absorption remain crucial factors
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Shipping: The Driving Force of the Greek Economy with a Contribution of up to 8% of GDP
Shipping: The Driving Force of the Greek Economy with a Contribution of up to 8% of GDP
According to the annual report by the Union of Greek Shipowners (UGS), shipping is by far the most extrovertedsector of the Greek economy, with a total economic impact ranging between 7% and 8% of GDP each year.
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Greece Records €4.52 Billion Primary Surplus in H1 2025, Outperforms Budget Target
Greece Records €4.52 Billion Primary Surplus in H1 2025, Outperforms Budget Target
Finance Ministry data shows robust tax revenue, lower expenditures and early income tax collections boosting fiscal performance beyond expectations
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Greek Budget Surplus Reaches €4.6 Billion in First Half of 2025
Greek Budget Surplus Reaches €4.6 Billion in First Half of 2025
Tax Revenue Performance in the State Budget
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State budget primary surplus reached 5.343 billion euros in Jan-May 2025,economy and finance ministry reports
State budget primary surplus reached 5.343 billion euros in Jan-May 2025, economy and finance ministry reports
The announcement noted that an amount of 1,993 million euros which refers to the time differentiation of payments from ordinary budget and an amount of 499 million Euros which refers to the time differentiation of investment expenditure, do not affect the General Government outcome in fiscal terms.
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The budget recorded revenues of 11.663 bln euros in the first two months of 2025, ministry announces
The budget recorded revenues of 11.663 bln euros in the first two months of 2025, ministry announces
The ministry noted that an amount of 468 million Euros which refers to the time differentiation of payments from the ordinary budget and an amount of 473 million euros which refers to the time differentiation of Public Investment Programme payments, do not affect the General Government outcome in fiscal terms.
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Greece’s state budget primary surplus at 8.7 billion euros in 2024
Greece's state budget primary surplus at 8.7 billion euros in 2024
A significant part of the difference in relation to the target was due to an increase of cash revenue from the Public Investments Programme by 612 million euros and from the rollover of military procurement payments to 2025.
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The Greek economy ended 2024 with negative food inflation for the first time since May 2021
The Greek economy ended 2024 with negative food inflation for the first time since May 2021
Inflationary pressures, however, are present, mainly triggered by the services sector, while no one can rule out a sharp increase in energy and food prices in the near future, given the fragile geopolitical environment and the impact of the climate crisis.
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The Greek economy schedules a meeting in London with the world’s 100 most powerful funds
The Greek economy schedules a meeting in London with the world’s 100 most powerful funds
The Prime Minister at the 3rd Greek Investment Conference organized by Morgan Stanley in collaboration with the Athens Stock Exchange
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European Commission’s Outlook for Greece Economy Forecasts 2.1% Growth and 3% Inflation in 2024
European Commission’s Outlook for Greece Economy Forecasts 2.1% Growth and 3% Inflation in 2024
By 2026, the reduction in public debt is expected to bring it close to 140% of GDP.
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Greek Households Most Pessimistic in Europe: IOBE Report
Greek Households Most Pessimistic in Europe: IOBE Report
Over six in ten (65%) of households said that their financial situation worsened over the past year
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2024 Tax Competitiveness Index: Greece 27th of 38 OECD Countries
2024 Tax Competitiveness Index: Greece 27th of 38 OECD Countries
The country remained in the same spot from last year's list and is sandwiched between Belgium (26th) and Denmark (28th). For the 11th year in a row, Estonia ranked 1st on the Index
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Over €3bln Injected in Greek Economy – PM Speaks at Event
Over €3bln Injected in Greek Economy – PM Speaks at Event
Additionally, a 300 million euro Guarantee Fund will be created with the European Investment Bank, leading to 1.5 billion euros in leverage
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Greek Economy Expands 2.3%, Boosting Growth Outlook Through 2028
Greek Economy Expands 2.3%, Boosting Growth Outlook Through 2028
For 2024, the growth rate of the Greek economy is now expected to reach 2.14%, up from the previous estimate of 2.09%
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Greek Economy: Bankers’ Insights on Investments and Reforms
Greek Economy: Bankers’ Insights on Investments and Reforms
Karavias also noted that the extended delay in dividend distribution underscores the severity of the Greek financial crisis and the difficulties faced by the banking sector. However, the recent approval of dividends by regulatory authorities is seen as a positive sign of the sector’s return to normalcy and reflects growing confidence in the future of Greece’s banking industry and overall economy.
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Greek Government Warns Banks Over Fees, Threatens State Intervention
Greek Government Warns Banks Over Fees, Threatens State Intervention
The Greek government has issued a stern warning to banks, threatening state intervention unless they decrease the fees they impose on clients for various banking services.
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ECB to approve Greek banks’ dividend demand
ECB to approve Greek banks’ dividend demand
The European Central Bank is expected to approve a request by Greek banks to resume the payment of dividends after 16 years, four bankers told Reuters on Wednesday, a further sign of the sector’s rebound.
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Fitch Affirms Greece at BBB-; Outlook Stable
Fitch Affirms Greece at BBB-; Outlook Stable
Fitch cited Greece's ratings reflect income per capita levels and governance indicators that are well above the 'BBB' median, as well as policy credibility supported by EU and eurozone membership
