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Wednesday
03
Jun 2026
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Athens 22°C

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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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