The House of Representatives is expected to vote today on the 2026 state budget, following the conclusion of a three-day plenary debate. The final session begins at 10.00 and will end with the formal approval procedure.
The budget outlines primary expenditure of €10.7 billion for 2026, representing an increase of €508 million or 5.0 percent compared with last year. Development spending is projected to rise by 4.7 percent, while social benefits are set to increase by 6.7 percent, including allocations for education, health and social welfare.
Finance Minister Makis Keravnos said he is confident that the budget will be approved, allowing its implementation to begin with the new year. He described it as a balanced and development-oriented framework that also provides safeguards for unexpected shocks in an ever-changing economic and political environment.
Keravnos outlined the key priorities for 2026, including maintaining a fiscal surplus, containing public-sector employment, continuing the downward trajectory of public debt as a share of GDP, and advancing the green transition and digital transformation. Particular emphasis is placed on completing reforms and investments under the Recovery and Resilience Plan, along with projects funded through other EU programmes.
Source: CNA