The Italian newspaper Il Foglio refers to Greece’s fiscal stability and growth path in an article entitled “Lessons from Athens”
The paper notes that the Greek economy is on a better trajectory than initially forecast, with public debt falling and the Kyriakos Mitsotakis government implementing policies to support households.
According to the article, while a primary surplus target of 0.6% was set for 2025, data from the Hellenic Statistical Authority and Eurostat showed that the figure reached 1.7%.
The newspaper underlines that Greece, after the period of economic crisis, has gradually returned to a state of normality, following policies of fiscal discipline aimed at strengthening its credibility in international markets and maintaining growth.
It also notes that the country is among the five European economies with fiscal surpluses and has been performing better than forecast in recent years. GDP is growing at a rate of about 2 percent, while public debt, which has fallen to 146 percent, is expected to decline further, according to International Monetary Fund estimates.
The paper concludes by recalling the prime minister’s statement that these results are the product of prudent fiscal policy.
