The support measures announced Wednesday target households, pensioners, and key sectors of the economy

Rising energy costs are driving budget revisions across Europe, with Greece already adjusting growth forecasts while households face mounting pressures.

Higher spending narrows the headline surplus, though a stronger primary balance points to underlying fiscal stability.

The improvements were described by Deputy Economy and Finance Minister Thanos Petralias, citing what he called “four reforms in one”

Facing soaring costs from the Ukraine war and falling revenues, President Vladimir Putin reportedly asked top Russian businessmen to contribute billions to the national budget, with billionaire Suleiman Kerimov pledging 100 billion roubles

Stronger fiscal results were driven by lower spending and timing effects, offsetting softer tax revenue early in the year.

Inflation in Greece is easing, but supermarket prices, rents and services remain high, forcing households to slash budgets and businesses to report falling sales, according to new data and market analysis

Lawmakers from the ruling party and the main opposition clashed physically for several minutes during a tense budget session, forcing the speaker to suspend proceedings

Turning to the ongoing farmers’ mobilizations, the Greek PM calls for an end to road blockades, warning that they are harming the economy.

Greek shoppers are cutting back and hunting for bargains as inflation takes a toll on the cost of holiday celebrations.

In an acrimonious debate that lasted 5 days, 159 MPs voted in favor and 136 against, following sharp exchanges over the farmers' blockades, high prices, and the OPEKEPE scandal

Political leaders make their final pitches as Prime Minister Kyriakos Mitsotakis closes a subdued five-day parliamentary debate, with farmers’ protests, housing costs and subsidy reform at the heart of today’s showdown.

As farmers threaten escalating protests and political pressure mounts, Parliament opens debate on Greece’s 2026 budget—a plan centered on major tax reforms, income boosts, and targeted relief for families, youth, and retirees amid forecasts of strong economic growth.

Ministers meet at 11 a.m. to discuss a new labor agreement, the 2026–2029 national budget framework, reforms to inheritance law, and a wide range of development and regulatory initiatives

Greece is one of 12 EU countries that meet the new fiscal criteria

The government’s 2026 draft budget, delivered to Parliament on Thursday, outlines tax relief for families, young people, and the middle class, alongside strong growth forecasts and expanding public and private investment

The World Health Organization warns of severe funding shortages after receiving 40% less financing for humanitarian emergencies this year compared to 2024, forcing service reductions that have affected millions worldwide

Greece’s draft 2026 budget banks on doubling investments to drive growth, but EU funding deadlines, a cooling property market, and stubborn inflation pose serious risks

Nominal GDP is projected to rise from €249.6 billion in 2025 to €260.9 billion in 2026, while domestic inflation is expected to ease from 2.6%.