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03
Oct 2026
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Russia: Defence budget to exceed $200 billion in 2027, highest since the start of the war

Russia’s total defence spending is expected to reach $590 billion over the next three years – Defence spending prompts revision of the projected budget deficit to 3.2%

European Central Bank readies new interest rate rise, and what it means for mortgages and business loans

Germany's Joachim Nagel says a further quarter-point increase is effectively certain as eurozone inflation holds near 3%, with the rise set to filter through to Euribor and then variable mortgages and business loans within weeks

Budget: Primary surplus of €5.77 billion in the first seven months of the year

Tax revenues were €990 million above target, while public spending increased by €1.046 billion due to the acceleration of investment and Recovery Fund projects

Budget camping holidays surge in popularity, with Chalkidiki occupancy hitting 95%

Greek campsite operators report booming demand into September nationwide, with Greeks now up to 40% of guests amid rising hotel costs, while occupancy across Greece's 293 organised sites has climbed about 10% overall this year

Budget: Primary surplus at €5.725 billion in the January–July 2026 period

Tax revenues stood at €42.9 billion, €1.55 billion above target - How revenues and expenditure performed and how they compare with projections

Budget: Primary surplus at €3.638 billion in the five-month period

€2.4 billion above target – “Net excess” of €258 million also in tax revenues

New home renovation scheme to offer higher subsidies and cover more beneficiaries

The new «Renovate» programme is expected to have a total budget of around €500 million and to provide significantly higher cost coverage than previous schemes

Pierrakakis announced a supplementary budget of 800 million and a bill with new measures

Next week, the package of interventions for pensioners, families, rent, debt and first home will be consulted next week - The beneficiaries of the 300 euro aid are extended

Budget: Primary surplus of €4.369 billion in Q1 2026

The target for the primary surplus was €2.732 billion - Tax revenues exceeded the target by €308 million, mainly driven by VAT, while expenditures were lower than forecast, strengthening the result

Budget: Primary surplus of €2.99 billion in the first two months

Primary result 53% higher than the target, spending 9.2% lower than planned and net revenues about 1% below target

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