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03/26/2026

As the government is formed, the Fiscal Council calls for policy commitments to be aligned with public finance realities

The new government will have to swiftly define its policy priorities, specify how they will be financed, and ensure that the announced measures are properly incorporated into the relevant fiscal planning documents. The decisive factor in ensuring fiscal sustainability will be the selection and effective implementation of the measures, rather than the ambition of the […]

03/04/2026

Monthly Information, March 2026

According to preliminary data, the state budget deficit for the first two months of the year totalled EUR 116 million, while in the same period last year it recorded a modest surplus (EUR 19 million). For the full year 2026, the budget deficit has been projected at EUR 2.1 billion. In this period, revenue (excluding […]

02/04/2026

Monthly Information, February 2026

The state budget recorded the lowest January surplus (EUR 14 million) in recent years. Revenue increased three times slower than expenditure. The high growth in expenditure was fuelled by an increase in current spending (primarily an increase in subsidies and labour costs) resulting from economic policy measures, and transfers to budgetary funds. Economic policy measures, […]

01/08/2026

Monthly Information, January 2026

The state budget deficit, excluding intervention measures, increased significantly from EUR 0.2 billion in 2024 to EUR 1.7 billion in 2025. According to the current budget documents, the deficit is expected to further increase in 2026-2027. The high year-end budget deficit was mainly due to economic policy measures (winter bonus and winter allowance, additional financing […]

12/04/2025

Monthly Information, December 2025

The state budget deficit, excluding intervention measures, was around EUR 1 billion in the first eleven months of this year. This is approximately half of the projected full-year deficit (EUR 1.8 billion), also excluding intervention measures. The projected December deficit (EUR 852 million) is one of the highest to date. Only in December 2023 was […]

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