The Technical Budget Support Unit (UTAO) has expressed skepticism regarding the government's 2027 State Budget, specifically citing a lack of evidence for an expected 300 million euro revenue gain from anti-fuel fraud measures. UTAO notes that the current proposal lacks the detailed mechanisms to support this estimate, creating a significant risk of revenue underperformance.
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The Socialist Party (PS) is planning to propose an amendment to the State Budget to create a mechanism that automatically directs extra tax revenue—generated if inflation exceeds the government's 2.3% forecast—toward measures intended to mitigate the cost of living. This proposal includes a short-term approach to offset the budgetary impact of these measures, which the PS intends to implement early in 2027.
Wholesale gas prices in Europe have reached 100 euros per MWh, their highest level since 2023, putting upward pressure on electricity production costs. While current residential bills remain stable due to existing fixed-price contracts and lower grid access tariffs, experts warn that new contracts and renewals will soon reflect these rising energy costs. Additionally, the energy regulator (ERSE) may need to upwardly revise its 2027 regulated tariff proposal because it currently underestimates future energy market prices.
Although Euribor rates saw slight declines in September ahead of an ECB decision, the accumulated increases continue to raise the cost of credit for families. Mortgage installments subject to a rate reset in November will experience an increase due to the calculation methods used by banks.