Greece submits 2027 draft budget to Commission, reflects medium-term fiscal strategy

Greece submitted its 2027 Draft Budgetary Plan to the European Commission, incorporating all interventions from the Medium-Term Fiscal Strategy. The plan signals continued fiscal consolidation and alignment with EU fiscal rules, though specific deficit and debt targets remain undisclosed. This matters as it reinforces Greece's commitment to fiscal discipline, potentially supporting its investment-grade status and reducing sovereign risk premia.