Greece's Ministry of National Economy and Finance projects debt-to-GDP at 138.2% in 2026 and under 120% by decade end

Greece's Ministry of National Economy and Finance published remarks by Minister Kyriakos Pierrakakis at the 2nd International TMEDE Conference, setting out the government’s macro-fiscal outlook and reform narrative and linking it to an investment-led shift in the country’s growth model, including deeper integration with European capital markets. The speech pointed to Greece’s debt ratio falling rapidly from close to 210% of GDP after COVID-19, with a forecast of 138.2% for the 2026 budget and a projection of below 120% by the end of the decade, alongside primary surpluses and a 2.4% growth forecast versus an EU average near 1%. It also cited non-performing loans falling below 5%, more than 100 reforms over six years, and progress in rebalancing the economy, with investment-to-GDP rising from 11% in 2019 to a forecast 17.7% and exports-to-GDP increasing to 42% from 20% in 2008. On funding and market structure, the minister emphasised the Recovery and Resilience Fund model of linking investment to reforms and argued that similar architecture will carry into future EU programmes, while highlighting a proposed Euronext acquisition of the Athens Stock Exchange as a step toward greater liquidity consistent with the EU Savings and Investments Union agenda; he also referenced Prime Minister-announced tax measures focused on demographics, describing them as the largest direct-tax relief in Greece and stating they raised the 2026 growth forecast from 1.8% to 2.4%.