2027 State Budget: Government says PS measures would lead to a 0.2% GDP deficit next year

The Minister of Finance stated that the Socialist Party's (PS) proposed tax cuts for 2027—including reductions on fuel and food VAT, suspending the corporate tax (IRC) cut, and lowering tax rates on moderate rents—would shift the projected 0.1% budget surplus into a 0.2% deficit. The government maintains that it will only implement new measures based on available fiscal margin throughout the year, rather than through structural tax changes.