Fiscal margin for new support

The National Economy and Finance Ministry will get a representation of its fiscal ammunition. [INTIME]

Greece tin concern different circular of support measures akin to the 1 activated connected April 1, and is waiting for consultations astatine the European level to beryllium completed to find its further moves.

The ample surplus expected to beryllium recorded during the execution of the 2025 fund – there is adjacent talk of a superior surplus of 4.8% oregon €2.9 cardinal supra target – creates some country for flexibility, but the deficiency of an flight clause does not permission overmuch country for maneuver. By the extremity of this month, the National Economy and Finance Ministry will person formed a implicit representation of the fiscal “ammunition” it will person astatine its disposal successful bid to concern caller support measures.

In the coming weeks, the magnitude of the superior fund surplus generated successful 2025 will beryllium revealed. Then it will beryllium clarified, aft consultations with Brussels, whether this surplus tin beryllium carried implicit to the 2026 fiscal year, and a amended representation of the economical consequences of the war successful existent terms will beryllium formed.

Ministry officials look astatine this stage to beryllium peculiarly cautious astir the margins of endurance. On its own, Greece presently appears to beryllium capable to concern support measures until mid-summer. After that, bold decisions will person to beryllium taken astatine a pan-European level.