Tag: economy

Greece’s 2026 Budget: Soaring Surplus, Slowing Growth, and Rising Costs

As Greece prepares to unveil its 2026 draft budget on October 6, the nation faces a challenging economic landscape. The government projects a robust 4% primary surplus, exceeding expectations, but this comes amid slowing growth, with GDP expected to dip to 1.9% in 2026. Persistent inflation, forecasted at 3.1%, continues to strain households, driven by rising costs for food, rent, and wages. While fiscal gains may allow for new social benefits, Greek families are feeling the squeeze of a high cost of living.

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