The draft state budget of the year 2026 was submitted to the Standing Committee on Economic Affairs for discussion today.

In the letter to the members of the Standing Committee on Economic Affairs of the House, the Minister of National Economy and Finance Kyriakos Pierrakakis and Deputy Minister Thanos Petralias report:

“The draft is deposited amid significant international uncertainty, both at the geopolitical and public level. Geopolitical tensions in Ukraine and the Middle East, coupled with the enhancement of protectionism and duties, as well as the fiscal challenges facing Europe’s major economies, intensify the uncertainty about the prospects of global development.

Despite the above increased uncertainty in the global economic environment, the Greek economy is projected to continue for a sixth year to record a significantly higher rate of real growth than the eurozone average. The growth rate is expected to reach 2.2% in 2025 and 2.4% in 2026.

It is noted that, according to the European Commission’s spring forecasts, the growth rate for the eurozone is estimated at 0.9% for 2025 and 1.4% for 2026, while, according to recent forecasts by the European Central Bank in September 2025, the growth rate of the eurozone is projected at 1.2% in 20% and 20% in 20% in 20%. Nominal GDP is expected to increase from € 249.6 billion in 2025 to 260.9 billion euros in 2026. At the same time, domestic inflation is expected to divergent from 2.6% in 2025 to 2.2% in 2026.

Both tax reform and other interventions announced at the Thessaloniki International Exhibition play an important role in accelerating the growth rate of growth. Through the structural reform of income tax, with a focus on young people, families with children and the middle class, citizens’ income is immediately strengthened.

At the same time, the reduction of rates implies greater benefit for employees, pensioners, farmers and freelancers with every future increase in their earnings.

In the context of Demographic Tax Reform, additional measures are introduced with local features and interventions related to the housing problem, such as the gradual abolition of ENFIA for settlements with a population of up to 1,500 residents, the reduction of VAT on the islands with a population of up to 20,000, the reduction of rentals, the reduction of rentals, and the reduction of rentals, and the reduction of rentals, and the reduction of rentals, Living for houses and other assets, with the exemption of dependent children from the minimum living expense.

In addition, retirees’ income is reinforced through the gradual abolition of offsetting pensions with personal difference, with further increase in pensions based on GDP and inflation, as well as by reinforcing low -income pensioners and people with disabilities with the amount of EUR 250 each.

The rate of change in investment is expected to increase from 4.5% in 2024 to 5.7% in 2025 and 10.2% in 2026, as, in conjunction with the dynamics of private investment, a significantly expanded public investment program with € 16.7 billion is expected to be implemented in 2026.

The above increase in investment is the second largest increase in the Eurozone for 2025 and the largest increase in both the eurozone and the European Union of 27 for 2026, further reducing the productive gap. It is noted that the average investment increase in the eurozone is estimated at 1.3% for 2025 and 2.2% for 2026, according to the European Commission’s spring forecasts.

The unemployment rate, having dropped to a single -digit number in 2025, is projected to further improve in 2026 by half a percentage percentage of the workforce, stood at 8.6% based on the Labor Research Research, which corresponds to the lowest unemployment rate in Greece after 2008.

The primary outcome of the state budget is expected to be 3.6% of GDP for 2025 and 2.8% in 2026, while the overall result of the general government at 0.6% in 2025 and -0.1% in 2026.

In this context, the general government’s debt as a percentage of GDP is expected to present the highest decline in the European Union for the sixth consecutive year and to be less than 140%, with the prediction of 137.6%, which is the lowest level since 2010.An the unstable world is now unstable. This recognition by European and international institutions is not self -evident.

It is the result of collective effort, responsibility and stable reformist orientation. Maintaining the fiscal balance, coupled with the continuation of investment and structural changes, is the basis for sustainable development and substantial improvement in the standard of living of all citizens. “