
The Greek state budget recorded a primary surplus of 273 million euros last year, reversing a budget forecast for a deficit of 3.3 billion euros, or 1.6 percent of GDP, the Hellenic Statistical Authority (EL.STAT) announced on Friday.
In 2021, Greece recorded a primary deficit of 4.7 percent of GDP, or 8.45 billion euros.
The figures, approved by Eurostat, said the general government’s debt dropped by 23 percentage points to 171.3 percent of GDP in 2022, down from 194.6 percent of GDP in 2021.
In absolute terms, the general government’s debt totaled 356.256 billion euros in 2022, up from 353.489 billion euros in 2021.


Latest News

Meloni and Trump Meet in Washington, Vow to Strengthen Western Ties
“I am 100% sure there will be no problems reaching a deal on tariffs with the EU—none whatsoever,” Trump stressed.

ECB Cuts Interest Rates by 25 Basis Points in Expected Move
The ECB’s Governing Council opted to lower the deposit facility rate—the benchmark for signaling monetary policy direction—citing an updated assessment of inflation prospects, the dynamics of underlying inflation, and the strength of monetary policy transmission.

Current Account Deficit Fell by €573.2ml Feb. 2025: BoG
The improvement of Greece’s current account was mainly attributed to a more robust balance of goods and, to a lesser extent, an improved primary income account

Hellenic Food Authority Issues Food Safety Tips for Easter
Food safety tips on how to make sure your lamb has been properly inspected and your eggs stay fresh.

Greek Kiwifruit Exports Smash 200,000-Ton Mark, Setting New Record
According to data by the Association of Greek Fruit, Vegetable and Juice Exporters, Incofruit Hellas, between September 1, 2024, and April 17, 2025, kiwifruit exports increased by 14.2%.

Easter Tourism Boom: Greece Sees 18.3% Surge in Hotel Bookings
Among foreign markets, Israel has emerged as the biggest growth driver, with hotel bookings more than doubling—up 178.5% year-on-year.

Greece to Launch Fast-Track Tender for Offshore Hydrocarbon Exploration
Last week, Papastavrou signed the acceptance of interest for the two Cretan blocks, while similar decisions regarding the two Ionian Sea blocks were signed by his predecessor

American-Hellenic Chamber of Commerce to Open Washington D.C. Branch
AmCham's new office aims aims to deepen U.S.-Greece economic ties and promote investment and innovation between the two countries

Why Greece’s New Maritime Spatial Plan Is a Geopolitical Game-Changer
This landmark development is more than just a bureaucratic step — it's a strategic declaration about how Greece intends to use, protect, and assert control over its seas

Eurozone Inflation Eases to 2.2% in March
Compared to February, inflation decreased in 16 member states, remained unchanged in one, and rose in ten.