The Greek economy is maintaining a sound fiscal position despite continued expansionary support measures, according to the Spring Report 2026 released on Monday by the Hellenic Fiscal Council (HFC).
The HFC said this development, combined with higher revenues from fighting tax evasion, is creating fiscal space for surpluses that allow interventions to help vulnerable citizens. As HFC’s Spring Report noted, the Greek economy grew at a rate of 2.1% in 2025, higher than the European Union average, while the forecast for 2026 puts growth at 1.9%.
At the same time, the general government balance stood at a surplus of 1.7% of GDP, while public debt fell to 146.1% of GDP in 2025. The positive trend was confirmed in the first quarter of 2026 as well, with a projected primary surplus of 3.2% of GDP for the full year, the report said.
However, the HFC stressed that economic progress cannot be taken for granted. Maintaining it, it said, “requires continued prudent fiscal policy along with the deepening of structural reforms.” The Fiscal Council placed particular emphasis on medium-term challenges.
As it pointed out, “maintaining the growth momentum in the coming years is the most significant challenge of the Greek economy.” In this respect, it warned, chronic structural imbalances – such as high unemployment, especially among young people, low productivity, and high external debt – continue to drag on growth.
