Greece's Ministry of National Economy and Finance sets out 2026 fiscal projections and targets debt below 120% of GDP before 2030

Greece's Ministry of National Economy and Finance published a Bloomberg TV interview with Minister Kyriakos Pierrakakis outlining the macro-fiscal assumptions for the 2026 budget and medium-term fiscal plan. He forecast 2.4% GDP growth and a 2.8% primary surplus for 2026, and said the public debt ratio is projected to fall to 137.6% of GDP in 2026 from 210% after COVID, with an aim to drop below 120% before 2030. Debt management plans include a “light” 2026 borrowing programme, a focus on raising liquidity through auctions in the secondary market, and prioritising early repayments. Pierrakakis said Greece has announced an intention to repay the debt from the first bailout package 10 years early, by 2031, and would consider pre-financing to bring repayments forward if feasible; he also pointed to recent income tax cuts and backed EU work on a Union of Savings and Investments, including more cross-border mergers and acquisitions. The interview also voiced full political support for Euronext’s public offer for the Athens Stock Exchange, which he noted expires on 17 November 2025. On the debate over frozen Russian assets, Pierrakakis said Greece supports Ukraine but wants a legally robust approach and expects an EU decision soon, highlighting Belgium’s participation as critical. The final 2026 budget and medium-term fiscal plan are due to be submitted to the Hellenic Parliament in the week of 17 November 2025.