Greece's 2026 Budget: Growth Amidst Protests
Greece's parliament passed the 2026 budget amidst protests over subsidies and living costs. The budget projects a 2.4% economic growth and a 2.8% primary surplus. It includes tax breaks and substantial aid packages. Despite reforms, wages remain low as living expenses rise, prompting public outcry.
- Country:
- Greece
Greece's parliament has passed the 2026 budget, projecting a 2.4% economic growth and a 2.8% primary surplus, amid protests by farmers and public sector workers over delayed subsidies and rising living costs.
Despite recovering from a financial crisis with international aid, Greece's salaries still trail the euro zone average, exacerbating living expenses as inflation continues.
Prime Minister Kyriakos Mitsotakis responded by announcing further financial aid to farmers and proposed subsidies for home renovations to address rental market shortages, aiming to bolster worker wages and support vulnerable groups.
(With inputs from agencies.)
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