The 2027 Draft Budgetary Plan (DBP) was submitted to the European Commission by the State General Accounting Office within the prescribed deadlines.
The DBP confirms the fiscal figures for 2026 and 2027, as set out in the 2027 Draft Budget submitted on 5 October to Parliament’s Standing Committee on Economic Affairs. It forecasts growth of 2% in 2026 and 2.3% in 2027, and a fall in the debt ratio from 146.1% of GDP in 2025 to 136.7% in 2026 and 128.8% in 2027.
This also reinforces the country’s steady fiscal course in the eyes of the international community, amid global geopolitical uncertainty, as well as its continuing growth momentum, which significantly outpaces the European Union’s average growth rate, the Finance Ministry said.
The DBP sets out all the measures announced at the Thessaloniki International Fair, which are due to be implemented in the coming period, with the primary aim of supporting citizens’ disposable income, promoting entrepreneurship and investment, as well as detailing the measures being implemented to address the energy crisis.
The DBP also provides a detailed account of reforms under way that are aligned with European priorities.
It also sets out the impact of the government’s new fiscal measures on disposable income, poverty and inequality indicators, and the tax burden on citizens.
More specifically, the new measures are expected to deliver an average increase in disposable income of €701 (4.6%) in 2027, a 0.3% reduction in the average tax burden and an estimated 2.2% fall in the absolute poverty rate, with a larger decrease among families with children (3.4% to 5.5%).
* See the details in the Supporting Material column.