Greece’s new support measures to be decided next week
Greece set to announce new economic support measures next week as fiscal surplus exceeds expectations, creating over €3 billion in additional spending room.
Economy
Greece expects higher primary surplus amid energy crisis uncertainty
The expectation that the primary surplus will move higher than initial forecasts was expressed by the Minister of National Economy and Finance Kyriakos Pierrakakis, while leaving open the possibility of taking support measures for citizens,…
European Parliament approves Autias proposals for border funding
European Parliament’s Economic Affairs Committee approves wide-ranging proposals for financial support of EU eastern borders, including Greece.
Bank of Greece: Budget shows cash surplus of €920 million
Greek budget posts €920M cash surplus in Q1 2025 according to Bank of Greece data, despite decline from previous year’s €1.45B surplus.
Ministry brings “one stop shop” for investments and sweeping changes
Greece’s Development Ministry introduces sweeping economic reforms with one-stop-shop for investments, simplified business licensing, and enhanced consumer protection.
Greek tax authority launches crackdown on e-commerce VAT evasion
Greek tax authority creates special unit to crack down on e-commerce VAT evasion and cross-border sales, targeting online shops and small businesses.
Greece returns to markets with 10-year bond reissuance
Greece returns to international bond markets with €250M 10-year bond reissuance at 3.375% fixed rate, aiming to boost liquidity and meet rising investment demand.
Bloomberg: Greece’s primary surplus far exceeds 2025 budget target
Bloomberg reports Greece’s 2025 primary surplus will significantly exceed targets at 4.8-4.9% of GDP, creating room for new government support measures.
Stournaras: “Government’s proposal for third consecutive term as Bank of Greece Governor is the greatest honor for me”
Bank of Greece Governor Yannis Stournaras expresses gratitude for government’s proposal for third consecutive term, emphasizing commitment to monetary stability.
Greece budget surplus hits €4.39 billion in Q1 2026
Greece’s primary budget surplus soared to €4.39 billion in Q1 2026, beating targets by €1.66 billion as tax revenues exceeded forecasts and expenditures remained controlled.
Rent prices soar in Greece: 2nd highest in Europe at 10%
Greece records Europe’s second-highest rent increase at 10.1% in 2025, with Athens residents spending up to 93% of income on housing costs.
Reuters: Greece cuts growth forecast to 2% from 2.4% due to Middle East war
Greece slashes 2026 growth forecast to 2% from 2.4% amid Middle East conflict, citing inflationary pressures from rising energy costs in revised EU fiscal plan.