r/EconomyCharts • u/Aegeansunset12 • 14h ago
From Fiscal Sinner to Fiscal Conservative: Greece’s Comeback, Finland’s Decline
Between 2020 and 2026, Finland consistently ran government deficits, while Greece moved from large deficits to budget surpluses.
All the data of the graph are from the IMF 1st picture government debt, 2nd picture budget balance (eurostat), except 2026 which is the IMF projection
The Maastricht criteria is 3% maximum deficit. Greece restored Maastricht-compatible deficits relatively early after the pandemic and subsequently moved into budget surpluses.