Greece exits EU fiscal surveillance over macroeconomic imbalances

The European Commission has removed Greece from the EU’s macro‑economic imbalances surveillance programme, signalling the country’s return to full EU fiscal normality. Greek Prime Minister Kyriakos Mitsotakis presented the decision as evidence of the government’s economic stability, citing rising surpluses, debt reduction and the creation of almost 600,000 jobs. The ruling New Democracy party highlighted the move as a boost for its election campaign, linking it to increased wages, pension reforms and tax cuts for families.

Opposition voices and commentators warned that the positive outlook may not translate into improved living standards for all citizens, noting that ten other EU members remain under the imbalances watch list. They also stressed that the fiscal exit does not erase past austerity hardships nor guarantee future prosperity without further structural reforms.