Feb 18 • 13:14 UTC 🇬🇷 Greece Naftemporiki

SYRIZA: The government admits to deep cuts exceeding 3.3 billion in six ministries by 2029

SYRIZA announces that the Greek government has acknowledged significant budget cuts exceeding 3.3 billion euros in six key ministries by 2029.

The Greek political party SYRIZA has released a statement highlighting the admission by the ruling New Democracy (ND) government regarding substantial budget cuts amounting to over 3.3 billion euros across six critical ministries. They emphasize that this revelation is documented in a front-page article by Pano Kosmas in 'Efimerida ton Sintakton', which outlines the government's plans reflected in the medium-term financial strategy for 2026 to 2029. Additionally, the Ministry of National Economy and Finance has acknowledged a lack of funding plan beyond the Recovery Fund, raising concerns about the future fiscal landscape.

According to information provided in response to questions from the SYRIZA-Progressive Alliance parliamentary group, the ND government plans to implement cuts in several domains: 700 million euros from education, 670 million from digital governance, 1.2 billion from the environment and energy sectors, 440 million from agricultural development, 270 million from culture, and 99 million from tourism. This multifaceted reduction in funding poses significant threats to vital public services and development initiatives, demonstrating a clear shift in government priorities.

SYRIZA argues that the government's failure to contest these figures validates their long-standing criticisms shared for months concerning the administration's budgetary decisions. This situation illustrates the broader implications of austerity measures on various sectors, raising essential discussions about the sustainability and future direction of public services in Greece amidst evolving economic challenges.

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