Greece sees economy growing by 2.3% in 2027 draft budget, fiscal council says

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The course of the crisis and international prices may lead to new revisions by November, when the final budget will be submitted. The post Budget draft in Parliament appeared first on in.gr.

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In Parliament today 5/10 the draft and next week in Brussels - Inflation rewrites the benefits bill

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With positive forecasts for growth, fiscal balance and the labor market, but with significant uncertainties due to international energy developments, the draft budget for 2027 is being submitted to Parliament today, Monday. The baseline scenario foresees a strengthening of the economic growth rate and a further reduction in public debt and unemployment. However, the new tension in the Middle East and the risk of a resurgence in oil prices creat…

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Greek Finance Minister Kyriakos Pierrakakis presented the draft budget for 2027 on Monday, under intense pressure on the international bond markets and on the volatility of the energy market. Pierrakakis spoke about "a proof of Greece's stability and credibility and projected growth over the European average, surpluses [...]

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Growth of 2.3 percent, further reduction in unemployment, increased investment, reduction in public debt to 128.8 percent of GDP, primary surplus of 3.3 percent, among other things, is envisaged by Greece's draft budget for 2027, which the Minister and Deputy Minister of National Economy and Finance Kyriakos Pierakakis and Thanos Petralias submitted to the Greek Parliament, the correspondent […] The post Growth of 2.3 percent and reduction in un…