×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Sunday
15
Nov 2026
weather symbol
Athens 17°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by
> Economy

Pierrakakis: Municipalities will receive additional funding in 2026

The fiscal margins are specific says in his post on the demands of KEDE the Minister of Economy - From 2019 to date the budget of municipalities has increased by about 1 billion euros

Newsroom October 29 09:26

Δείτε περισσότερα άρθρα μας στα αποτελέσματα αναζήτησης

Add Protothema.gr on Google

The country’s municipalities will continue to have an increase in resources in 2026, but within the limits allowed by budgetary conditions, the Minister of National Economy and Finance, Kyriakos Pierrakakis, stresses in a post on social media.

Referring to the meeting he had this morning with the Board of Directors of KEDE, the minister underlines that from 2019 to date, the budget of municipalities has increased by about 1 billion euros. In 2025, they received about 100 million euros more, while in 2026, a new increase of 80 million euros is expected. He stressed that “the budgetary margins are specific, as the spending rule strictly defines the amount and type of allowable expenditure” and “every available resource should be used efficiently and reach the final recipient, the citizens.”

Specifically, in his post, Minister of National Economy and Finance Kyriakos Pierrakakis said:

“With Thodoris Livanios and Thanos Petralias, we welcomed the Board of Directors of the K.E.D.E.

During the meeting, the intention of the Greek Government to further strengthen the Local Government, in terms of transparency, accountability, and fiscal discipline, so that every available resource is used effectively and reaches the final recipient, the citizens, was underlined.

From 2019 to date, the budget of municipalities has increased by approximately 1 billion euros, which reflects the Government’s consistent political choice to actively support local government.

We stressed that the fiscal margins are specific, as the spending rule strictly defines the amount and type of spending allowed, to maintain fiscal balance and the sustainability of public finances.

Nevertheless, municipalities will receive additional funding of €100 million for 2025, while a new increase of €80 million is foreseen for 2026, as part of the gradual strengthening of the resources and financial autonomy of local authorities.

In addition, the Ministry of Finance will promote a legislative regulation for the return of 60% of the revenues from the use of the coastal areas directly to the municipalities, with faster payment of the relevant amounts.

>Related articles

Pierrakakis: Europe can withstand successive shocks as IMF praises Greece for early loan repayments

Pierrakakis meets Romanian President in Bucharest, discusses economic cooperation

Pierrakakis post on meeting with Peter Magyar in Budapest

Finally, the bill for the implementation of the National Development Programme (NDP), from which municipalities also benefit, will be submitted soon, to accelerate projects with measurable developmental and social benefits for local communities.”

 

 

Ask me anything

Explore related questions

#funding in 2026#Pierrakakis
> More Economy

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

Mother and two daughters charged with felony arson after two firefighters die in Fyli blaze

November 15, 2026

Nvidia scandal sparks infighting in Trump administration as Commerce Secretary faces calls to resign

November 15, 2026

Rape victim Mia Latter breaks silence on Russell Brand relationship and calls for changes to UK consent laws

November 15, 2026

PM’S Sunday address: Heating allowance raised to €1,560, new cancer treatment, 23 trains and investment in satellite production

November 15, 2026

Temperatures fall across Greece as rain spreads to several regions, with thunderstorms expected tonight

November 15, 2026

Wall Street Journal: Greece is now Europe’s most fiscally responsible country after debt crisis

November 15, 2026

Athens Polytechnic anniversary 2026: Full list of road closures and traffic restrictions in the capital

November 15, 2026

Mother and teenage daughters arrested after deadly Athens fire kills two firefighters in Zephyri

November 15, 2026
All News

> Greece

In reverence, the emotional deposition in Jerusalem, see photos & video

The Holy Temple of the Resurrection opened after many days due to the war between Israel and Iran

April 10, 2026

In the final stretch for the accreditation of joint master’s degrees: Aiming for their launch in the coming academic year

April 10, 2026

Schedule for Epitaph Procession today (10/4)

April 10, 2026

Perfect weather for Easter excursions, according to Tsatrafyllia’s forecast

April 10, 2026

Easter in Greece: The customs that continue in Greek tradition – From Nafpaktos to Corfu

April 10, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα