- The final budget plan includes decisions regarding reduced VAT rates.
- The estimated reading time for the informative note is 9 minutes.
- The budget plan predicts a 3% growth rate for the Greek economy in 2024.
- The inflation rate is expected to decrease to 2.4% in 2024.
- Unemployment is projected to decrease to 10.6% in 2024.
- The primary surplus is estimated to be 2.1% of GDP in 2024.
- Public debt is expected to decrease to 152.2% of GDP in 2024.
- Despite international uncertainty and the impact of climate change, the Greek economy is expected to remain on an upward trajectory.
- The government’s economic policies are recognized internationally for their reliability.
- The surplus exceeded the budget target, demonstrating the success of the government’s policies.
- The government aims to maintain stability and send positive messages, especially in light of upcoming credit rating evaluations.
- The government follows EU recommendations to discontinue horizontal energy subsidies and provide targeted assistance to vulnerable groups.
- The price of heating oil was higher last year compared to this year, and the government implemented emergency measures at the European level.
- Without emergency measures like the market pass, households will need to cover increased expenses for energy and food.
Source: taxheaven.gr
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
