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Euronews
Euronews
Angela Barnes

Greece announces €1 billion in financial benefits after posting budget surplus

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.

The figures “record a significant overperformance by the national economy and a surplus in state coffers. Which means that, with everyone’s help, we did much better than we expected,” Prime Minister Kyriakos Mitsotakis said in a televised address to the nation.

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