Greece’s economy expanded by 2% in the first quarter of 2026, driven by higher investment, stronger exports and tax cuts for citizens, Finance Minister Kyriakos Pierrakakis said on Monday at the 2nd Greece 2030 conference, titled “Economy & Growth: Reforms, Investments, Primary Production – The New Agenda.”
The minister stressed that the government’s foremost priority remains supporting households affected by high prices, by strengthening disposable income.
“Our first, absolute and decisive priority is to help those who are being hit by inflation by increasing their disposable income with every euro available to us,” Pierrakakis said. “What we will not do, however, is mislead citizens or undermine the course of the economy, because that would ultimately harm precisely those who need the support of the state,” he added.
On the issue of public and private debt, he described recently announced measures on private debt as the most comprehensive reform undertaken since the financial crisis.
On public debt, he predicted that Greece would no longer be Europe’s most indebted country by 2027, earlier than previously expected. “All these developments are important,” he said.
