Growth of 2.3% and primary surplus 3.2% of GDP

Smaller public debt and higher primary surplus is foreseen for 2025 by the Ministry of National Economy and Finance.

In the progress report on the targets of the Medium Term 2025-2028 submitted to the Commission, the bar for the primary surplus rises to 3.2% of GDP this year from 2.4% of GDP provided by the budget and the general surplus of 0.1% of GDP.

Debt estimation lowers 145.7% of GDP against debt estimation 147.5% of the budget. Inflation assessment at 2.4% from 2.1% for the whole year is revised, while 2.3% maintain a provision for growth rate.

The report incorporates fiscal interventions for the years 2024 and 2025, such as the reform of the public sector payroll, the reduction in taxation for families with children, the additional reduction in insurance contributions by one percentage unit, the increase in public wages of the public sector after the increase of 80 euros. Innovation, mergers and acquisitions, the independent taxation of NHS doctors, the exemption from the tax insurance tax for children, « My Home 2 » and measures for the demographic and housing problem.

Also included are the new € 1.3 billion measures funded by the positive fiscal performance of 2024 and increased revenue due to the fight against tax evasion. Specifically:

n Increase the Public Investment Program by EUR 500 million.

n Permanent return of a rent to medium and low -income families (EUR 230 million).

n Permanent reinforcement of 250 euros to 1.44 million pensioners, disabled and uninsured elderly (EUR 360 million).

n Expection of pharmaceutical expenditure for low -income pensioners (EUR 23 million).

n Danger allowance in uniforms (222 million euros).

Particular attention is given to tax evadion reforms, with the full POS – cash interconnection, application of « Mydata », the introduction of compulsory electronic payments, new cash use limits, prepaid benefits and digitization of controls. The positive effect of the above measures is estimated at more than € 2 billion per year for public revenue.

« Through the implementation of important reforms and the exploitation of digital tools, our country has succeeded in reducing tax evasion, with the estimated direct positive impact on public revenue exceeding € 2 billion a year, » the Minister of National Economy and Finance said in It allows us to boost citizens’ income and support growth. « 

The Hellenic Financial Council is positively evaluated by the annual progress report 2025 as well as the Athens request for activation of the national escape clause. Concerning the progress report, he notes that in 2024 it was characterized by « active revenue measures » due mainly to the fight against tax evasion, which worked beneficial to limiting primary expenditure.