Greece’s General Fiscal Balance Expected to show 2.5% Surplus in 2025.

Macro Political

• The Greek PDMA announced that during the 26W T-Bills auction of EUR 500mn which took place yesterday, the total bids reached EUR 1,013mn and the amount finally accepted was EUR 600mn at a uniform yield of 1.90% (vs 2.10% in the previous 26W T-Bills auction in March 2025).
Source: PDMA

• In its Fiscal Monitor Report – April 2025 the IMF forecasts that Greece’s general government overall balance will present a deficit of 0.5% of GDP in 2025 and 0.6% of GDP in 2026. Primary Balance is expected to be in surplus of 2.5% of GDP in 2025, 2.4% of GDP in 2026 and 2027, and 2.3% of GDP per year for the period of 2028 – 2030. According to the IMF, the country’s debt to GDP ratio is expected to fall to 142.2% by the end of this year from 150.9% in 2024, declining further to 125.1% by 2030.
Source: IMF