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The Independent UK
The Independent UK
National
Elena Becatoros

Greece announces 1 billion euros in financial benefits after posting 1.3% budget surplus

Greece Defense - (Copyright 2025 The Associated Press. All rights reserved)

Greece’s prime minister on Tuesday announced 1 billion euros ($1.15 billion) in financial benefits for lower-income households and the public investment program, after the country became one of the few European Union members to post a budget surplus in 2024.

Only six of the EU’s 27 member nations posted a surplus for 2024, figures released by Eurostat showed. Greece’s surplus of 1.3% of gross domestic product — compared to an overall EU deficit of 3.2% — was a marked improvement in financial performance for a country that was deeply mired in a debt crisis that roiled the EU and international financial markets about a decade ago.

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