Greece’s Ministry of National Economy and Finance released remarks by Minister Kyriakos Pierrakakis ahead of the ECOFIN meeting in Luxembourg confirming that the government has submitted its draft 2026 budget. The draft projects annual GDP growth of 2.4%, a primary surplus of 2.8%, further debt reduction, and an investment increase of around 10%, described as the largest in the European Union. The minister linked the fiscal outlook to a policy stance combining fiscal prudence with economic ambition. The statement also flagged ECOFIN discussions spanning the Savings and Investments Union, removing remaining ‘hidden barriers’ between member states in manufacturing and services, and the digital transformation of the monetary system, with a call for reforms to be implemented with flexibility and speed.
Ministry of National Economy and Finance (Greece) 2025-10-10
Greece's Ministry of National Economy and Finance submits 2026 draft budget forecasting 2.4% growth and a 2.8% primary surplus
Greece's Ministry of National Economy and Finance announced the submission of its draft 2026 budget, projecting 2.4% GDP growth, a 2.8% primary surplus, and a 10% investment increase. Minister Kyriakos Pierrakakis emphasized a fiscal policy combining prudence with ambition. ECOFIN discussions will address the Savings and Investments Union, removal of barriers in manufacturing and services, and digital monetary system transformation.