{"id":1298,"date":"2026-04-18T09:24:00","date_gmt":"2026-04-18T06:24:00","guid":{"rendered":"https:\/\/en.tomanifesto.gr\/?p=1298"},"modified":"2026-04-18T09:24:00","modified_gmt":"2026-04-18T06:24:00","slug":"eurostat-fiscal-outperformance-a-defence-against-the-crisis-positive-forecasts-for-greece","status":"publish","type":"post","link":"https:\/\/en.tomanifesto.gr\/?p=1298","title":{"rendered":"Eurostat: fiscal outperformance, a defence against the crisis – Positive forecasts for Greece"},"content":{"rendered":"

Positive news on the economy<\/b> is expected for Greece next Wednesday (4\/22), when the final figures for the primary surplus<\/strong> for 2025 will be released. <\/p>\n

This data will form the basis for subsequent interventions to support citizens against the impact<\/b> of the crisis<\/b> in the Middle East. <\/p>\n

On April 22,<\/b> announcements from Eurostat and ELSTAT are expected to confirm a fourth consecutive year of exceeding targets. Already, the finance minister, Kyriakos Pierrakakis<\/strong>, has foreshadowed an upward revision. <\/p>\n

Internationally reported estimates suggest the surplus may move closer to 4.8%-4.9% of GDP<\/strong>, higher than the initial target of 3.7%. At the same time, there are indications that this positive trend will continue into 2026, surpassing the target of 2.8%<\/strong>. <\/p>\n

In the same vein, the International Monetary Fund<\/b> in its report on Greece ( Fiscal Monitor) this week predicted high primary surpluses for 2025 and for the next six years and a dynamic reduction<\/b> in debt<\/b> to 110,9% <\/b>of<\/b> the AER<\/b>P at the end of 2031 from 145.7% in 2025. In terms of the primary surplus, the IMF estimates it to be 4.4% in 2025, 3.8% in 2026 and 3.1% in 2027 and 2028, respectively. <\/p>\n

A crucial factor for this picture is the growth<\/strong> of the Greek economy. Despite pressures from the energy crisis and the war raging in the Middle East<\/b>, increased revenues – especially from the fight<\/b> against tax evasion<\/strong> – are boosting public coffers.<\/b> <\/p>\n

Based on these facts, the government is planning the continuation of the support measures. The aim is to address increases in energy<\/strong> and inflation<\/strong>. <\/p>\n

However, the European spending rule will also be taken into account when determining the available fiscal space<\/strong>. The scope of the new interventions will depend on this. <\/p>\n

Two <\/i>two<\/b> <\/i>support packages have already been activated. <\/b>They include caps on profit margins on fuel<\/strong> and basic goods, as well as subsidies such as the fuel pass<\/strong> and aid for fuel<\/strong>. <\/p>\n

Further on, the amount of space available and the length of the crisis will determine the decisions. As Kyriakos Pierrakakis<\/strong> said, interventions will be adjusted depending on developments in the region, particularly in the Sea of Hormuz<\/strong>. <\/p>\n

Finally, he stressed that time will play a crucial role as the reaction will be different if the crisis ends soon or if it is prolonged for months. <\/p>\n","protected":false},"excerpt":{"rendered":"

\n Positive news on the economy is expected for Greece next Wednesday (22\/4), when the final figures for the Greek economy will be released.<\/p>\n","protected":false},"author":1,"featured_media":1299,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[],"class_list":["post-1298","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy"],"acf":[],"_links":{"self":[{"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/posts\/1298","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1298"}],"version-history":[{"count":0,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/posts\/1298\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/media\/1299"}],"wp:attachment":[{"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1298"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1298"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1298"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}