Fiscal Policy

Greece to Roll Out Major Tax Cuts and Income Support Measures in 2025

In 2025, the Greek government will implement 18 tax reductions and 7 income support measures aimed at increasing disposable income…

3 weeks ago

New Tax Bill Passes Greek Parliament

The Greek Parliament has passed a new tax bill introduced by the National Economy and Finance Ministry, with the ruling…

2 months ago

France Matches Greece in Borrowing Costs as French Debt Woes Deepen

For the first time in over a decade, France's borrowing costs have matched those of Greece, highlighting growing concerns about…

2 months ago

EU Approves Greece's 2025 Budget Plan

The European Commission has approved Greece's 2025 budget plan, recognizing its adherence to fiscal recommendations. This positive assessment aligns with…

2 months ago

Greece Approves 2025 State Budget with Tax Cuts and Salary Increases

Greece's Cabinet, chaired by Prime Minister Kyriakos Mitsotakis, approved the 2025 State Budget, highlighting a combination of tax cuts and…

2 months ago

Cyprus Regains 'A' Investment Grade Rating After 13 Years

Cyprus has returned to the 'A' investment category for the first time since 2011 after Moody's raised its credit rating…

2 months ago

Greece Plans to Raise €11 Billion from Bond Markets in 2025

Greece plans to raise €11 billion from bond markets in 2025 to address rising financing needs, nearly doubling its net…

2 months ago

Greece to Revise 2025 Budget After Unexpected Financial Surplus

Greece is revising its 2025 budget after unexpectedly strong financial results, including a €6.1 billion surplus through October, well above…

2 months ago

PM Mitsotakis Outlines New Minimum Wage Policy and Economic Reforms in Cabinet Meeting

Greek Prime Minister Kyriakos Mitsotakis announced a new system for calculating the minimum wage during a cabinet meeting on Thursday,…

3 months ago

Greece Exceeds Primary Surplus Target with €8.7 Billion Surplus in First Nine Months of 2024

Greece reported a primary surplus of €8.74 billion for January to September 2024, significantly exceeding the government's target of €5.3…

3 months ago

Greece Submits Medium-Term Budget Plan to European Commission

Greece has submitted its Medium-Term Draft Budgetary Plan (DBP) for 2025-2028 to the European Commission, confirming fiscal projections for 2024…

3 months ago

Greek Government Unveils 2025 Budget with 2.3% Growth Forecast and Focus on Resilience

Greece's 2025 draft budget forecasts 2.3% growth, 2.1% inflation, and reduced public debt at 149.1% of GDP. Despite global challenges,…

4 months ago

Greece Prepares Key 2025 Budget with Focus on Economic Support and Fiscal Discipline

Greece's 2025 budget will focus on supporting vulnerable groups, maintaining fiscal discipline, and continuing tax cuts. As the government finalizes…

5 months ago

Greece Posts Unexpected Budget Surplus

Greece has exceeded expectations with a €2.9 billion primary budget surplus for the first half of 2024. The figure surpasses…

6 months ago

Greece Earns Vote of Confidence with Fitch Reaffirming Stable Outlook and BBB- Rating

Athens, Greece - In a resounding endorsement of Greece's economic progress, Fitch Ratings has reaffirmed the nation's long-term foreign-currency issuer…

8 months ago