In TaNea.gr, the Centre for Liberal Studies (KEFiM), as part of the Epicenter network, presented its study “Fiscal Challenges and Prospects: Greece and the European Union,” welcoming Greece’s exit from the European Commission’s list of countries with macroeconomic imbalances while warning against complacency. The analysis highlights Greece’s fiscal turnaround from a 15.4% deficit in 2009 to a 1.3% surplus in 2024, but stresses ongoing pressures from rising pension spending, defence obligations and limited fiscal flexibility. KEFiM underlines that Europe’s high “hidden” pension debt (403% of GDP in Greece) and the lag in private pension savings (€19.7 trillion behind the US) mean that any expansion of common EU borrowing must be accompanied by strict rules, transparency and accountability, with resources directed towards productive investment rather than short-term spending.