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Thursday
04
Jun 2026
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Budget 2025: Limited Spending, Open to Additional Benefits

Ministries and Agencies to Submit Budget Proposals by July 31, Evaluating New Tax Evasion Measures

House Budget Office: Small benefit to prices from VAT reduction

"In Spain the VAT reduction in the first few months subsides significantly within a quarter"

Budget: Primary surplus of €3.197 billion in the first 5 months of the year

For the first time, government revenues from consumption "stumbled"

State Budget: Surplus of 2.35 billion euros in the first five months

Excess of 13% in state revenues - 800 million euros more were paid in taxes

Budget Office of the Parliament: Predicts 2.5% growth under conditions

The improvement is attributed to increased tax revenues (both direct and indirect taxes) due to rising employment along with simultaneous increases in wages and pensions

Mitsotakis’ speech to the Parliament on the budget (video) (Upd.2)

The Prime Minister stated that the 2024 budget is a cut as it is the first to be drawn up after the recovery of the investment grade

Rand Paul issues ultimatum: Withdraw Ukraine billions or face government shutdown

“If leadership insists on funding another country’s government at the expense of our own government, all blame rests with their intransigence”

Here’s what you need to know about President Biden’s newest budget

More taxes & more spending

The Governments With the Largest Space Budgets (infographic)

China is second

PM Mitsotakis on budget debate in Parliament (video)

The PM attacked Tsipras for failing to present his plan

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