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

In his speech, Mitsotakis also referred to the housing crisis, noting it was not only a Greek problem, as the European Union is preparing new legislation that could provide additional policy tools

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.

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

Net state budget revenue for Jan.–Oct. 2025 reached €60.921b, exceeding the target set in the 2026 budget report by €67 million, or 0.1%.

As Greece enters a new era of stronger forecasts and rising investment, the government’s 2026 budget reveals a second, harsher reality: growth rests on unstable foundations, convergence with Europe remains fragile, and households continue struggling with cost of living.

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

Tensions flared outside an education office in central Athens as riot police clashed with teachers, parents, and children protesting plans to merge primary school classes

The Washington D.C.-based Fund's Fiscal Monitory report said Greece's debt is forecast to decrease by 16.5 percentage points over the next five years, despite lower primary budget surpluses

The Greek government plans a decade-long military modernization worth €25 billion, aiming to strengthen its armed forces and revive its domestic defense industry

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%.

State Budget expenditures for the period January–August 2025 amounted to €46.299 billion, lower by €3.356 billion compared with the target of €49.655

The state budget primary balance on a modified cash basis posted a surplus of 4.519 billion euros, against the primary surplus target of 2.235 billion euros

The proposed MFF and its revenue instruments will be debated by the EU Council, requiring unanimous approval and the consent of the European Parliament

The primary budget surplus figure of 4.5 billion euros marks a significant improvement over the figure of 77 million euros posted during the corresponding period of 2024

With slow growth and rising spending demands, von der Leyen has warned of cuts across all sectors, aiming to redirect funds from traditional areas to priorities like defense and innovation.

The European Commission is set to present tomorrow its proposal for the next Multiannual Financial Framework (MFF), i.e. the EU budget for the years 2028 to 2035 – including the sticking points and guiding principles.

As the UN moves into its next budget cycle, the organization faces not only budgetary constraints but also a defining moment in its role on the global stage