Greece Expected to Amend 2025 Budget Due to Increased Tax Revenues
Greece is set to revise its 2025 budget as tax revenues exceed projections, attributed to stronger economic performance and effective tax collection strategies. Finance Minister Kostis Hatzidakis reported a surplus of €6.1 billion for the first ten months of 2023, compared to an expected deficit. Enhanced government measures against tax evasion contribute significantly, with plans for early debt repayments. The overall economic growth is projected at 2.2%, surpassing the EU average, further bolstering fiscal health and enabling potential tax cuts and pension increases.