Blueprint for fiscal stability until 2028

The Medium-Term Fiscal Structural Plan for 2025-2028 foresees a sharp rise in GDP, significant primary surpluses, and a drop in unemployment to pre-crisis levels, according to the presentation by National Economy and Finance Minister Kostis Hatzidakis and his deputy, Thanos Petralias, on Monday.

At a press conference following the plan's presentation at a cabinet meeting, the ministers presented the basic points, with Hatzidakis adding that under the plan the government will achieve "fiscal stability with a reduction of debt, development and an increase in salaries."

The recent improved fiscal performance has allowed Greece to get European approval for extra spending of 4 billion euros by 2028.

The plan is being tabled in Parliament for its first reading in committee on Friday, in the presence of the Bank of Greece and the Hellenic Fiscal Council. The final...