Key Parameters of the 2026 Budget
Parliament is beginning debates on the draft State Budget Act for 2026. The main indicators include:
- Deficit: 5.7% of GDP.
- Revenue: 49.6 billion euros.
- Expenditure: 56.8 billion euros.
- Government Debt: Expected to reach 37.7 billion euros (30.1% of GDP).
The planned capital expenditures amount to 9.360 billion euros, combining national and European funding, including funds from the Recovery and Resilience Plan.
Upcoming Changes for Citizens and Businesses
- Transport: Increase in toll fees and a 30% hike in vignette prices starting August 1, 2026.
- Excise Duties: Accelerated schedule for increasing excise duties on tobacco products.
- Social Security: Civil servants will begin paying personal social security contributions (an 80:20 ratio starting in August 2026, transitioning to 60:40 in 2027).
- Minimum Wage: Freezing at the current level of 620 euros until a new determination mechanism is adopted.
Other Items on the Parliamentary Agenda
The agenda also includes:
- Denunciation of the Energy Charter Treaty.
- First reading of six bills amending the Electoral Code.
- Amendments to the Consumer Protection Act.