New Democracy (ΝΔ) ended 2024 with total commitments of implicit 541 cardinal eurosof which astir 531 cardinal euros relationship for slope loans and borrowings.
Against this background, footage from the enactment event, where participants are celebrating and rejoicing, caused a crisp absorption connected κοινωνικά networks: galore users called what was happening “feast during the plague”.
Key Findings
- New Democracy (ΝΔ) ended 2024 with total commitments of approx. €541.9 million.
- Of this magnitude astir €530.9 million comprise slope loans and borrowings.
- The party’s income for 2024 amounted to astir 18.4 cardinal euroswhile operating expenses exceeded 71 cardinal euros.
- Against the backdrop of indebtedness and economical unit connected citizens, footage from the enactment solemnisation raised the question: who really pays for the governmental “fiestas”?
- The occupation of enactment debts raises the question of treble standards: citizens and small businesses are severely punished for debts, while ample parties person been surviving successful a special authorities for decades.
According to published New Democracy’s authoritative equilibrium expanse for 2024the party’s obligations astatine the extremity of the year amounted to 541,866,000 euros. As helium writes in.grbank liabilities reached astir €530.9 millionhaving accrued implicit the year by much than 55 cardinal euros.
In different words, the country’s ruling enactment exists with a indebtedness burden, which for an mean endeavor would agelong agone person go a crushed for tough actions by banks, creditors and tax authorities. But successful Greek politics, arsenic usual, there are two modes of reality: 1 for citizens and small businesses, the different for ample parties who unrecorded with indebtedness for years without losing entree to power, banks and nationalist funding.
Video from X: vacation amid debts
Η ΝΔ χρωστάει μισό δις.
Τα στελέχη της χρωστάνε δεκάδες εκατομμύρια σε δάνεια.
Ποιος πληρώνει αυτές τις φιέστες των υπερχρεωμένων εκατομμυριούχων δεξιών με ιδιωτικά δάνεια δεκάδων εκατομμυρίων;
Ο ελληνικός λαός; pic.twitter.com/RwIQYnalwi
— Πεν Νταλαούρα (@ntalaoura) May 18, 2026
The crushed for a caller wave of disapproval was a video published connected a κοινωνικά web Xwhere the enactment lawsuit participants New Democracy celebrate, creation and rejoice.
In the comments, users compared what was happening to “feast during the plague”. And this examination does not look accidental: the state lives successful conditions of precocious prices, a lodging crisis, fatigue of the mediate people and chronic unit connected households, and the enactment successful powerfulness with a indebtedness of much than fractional a cardinal euros continues to show an ambiance of lightness and carefreeness.
This is where the main question arises: what precisely is being celebrated? The economical success of the country, which for some crushed millions of citizens bash not spot successful their wallets? Ability to unrecorded connected loans? The quality to clasp costly enactment events while carrying a gigantic indebtedness load? Or is it conscionable the usual feeling of governmental impunity, when some wage their bills, while others explicate their debts with beauteous accounting formulas for years?
Half a cardinal debts and enactment fiestas
Against the backdrop of these figures, the question becomes particularly acute: who pays for large enactment events, congresses, media campaigns, rental of halls, technical support, connection office and each the governmental entourage, without which modern parties nary longer look to beryllium capable to adjacent breathe?
Formally, parties are financed from respective sources: state support, rank fees, donations, loans and their ain revenues. But when we are talking astir a enactment with debts of much than half a cardinal eurosthe evident question arises: however sustainable is such a fiscal exemplary astatine each and why are rules applied to it that would beryllium inaccessible to astir citizens and businesses?
If an mean national does not wage a loan, the slope does not put a league for him with a buffet table, lighting plan and applause. They telephone him, complaint him interest, endanger him with penalties and explicate that fiscal subject is simply a ineffable cow. When it comes to the enactment successful power, for some crushed the aforesaid cattle calmly grazes connected the tract of governmental expediency.
Who ultimately pays
To accidental straight that each specific legislature is paid for retired of the citizen’s pouch would beryllium legally rude. But the political-economic logic is overmuch much unpleasant: if banks clasp immense enactment debts for years, if parties person authorities funding, if the system allows them to accumulate liabilities without consequences, then the ultimate hazard still remains successful the nationalist zone.
Greek banks person been repeatedly supported by the state and European mechanisms successful caller years, and taxpayers already cognize each too well what the look means “stabilization of the banking system”. Therefore, the contented of enactment debts is not lone interior accounting New Democracy. This is simply a question of governmental morality: why is simply a national obliged to unrecorded by the rules of fiscal responsibility, but the parties that write and enforce these rules tin show the other for decades?
This looks particularly cynical against the backdrop of changeless talk astir discipline, budgetary responsibility, the combat against evasion, national checks, integer tax power and fines for the slightest violations. The state requires a receipt from the national for each euro, but the governmental system lives softly with debts that person agelong gone beyond mean economical logic.
Revenues 18 million, expenses 71 million
According to in.grtotal income New Democracy for 2024 amounted to astir 18.4 cardinal euroswhile operating expenses reached 71.1 cardinal euros. This means a immense spread betwixt the party’s revenues and existent expenses.
For an mean company, such a representation would look similar a warning motion of fiscal insolvency. For the enactment successful power, for some reason, this turns into conscionable different equilibrium sheet, which is published, discussed for a mates of days, and postponed until adjacent year, when the numbers get worse again.
And present the question is not lone for the enactment itself, but besides for the banks, the state and the full power system. If a governmental structure has been expanding indebtedness for years, but continues to spend, clasp large-scale events and support the usual nationalist rhythm, then the system itself considers this situation acceptable. But such generosity is usually not offered to a national with a precocious payment. Apparently, ideology is democracy, but the recognition standing of the governmental people is still special, astir mythological.
The occupation is not lone for New Democracy
To beryllium fair, the occupation of enactment debts successful Greece is not constricted to 1 New democracy. According to Greek media, PASOK besides remains a enactment with a immense indebtedness load: its obligations for 2024 exceeded 507 cardinal euros. Together, the two humanities parties person accumulated debts approaching 1 cardinal euros.
But precisely New Democracy Today she is successful power, which means she faces a special question. The enactment that governs the country, approves budgets, talks astir reforming the system and demands fiscal subject from society cannot unreal that its ain debts are a technical item for accountants. This is simply a governmental fact.
When a ruling enactment with much indebtedness 500 cardinal euros holds vibrant conventions and governmental events, a national has a elemental question: if I owed the slope adjacent a small fraction of this amount, would I beryllium treated arsenic patiently? The answer, arsenic usual, is too evident to beryllium printed successful ample print.
Financial asymmetry of power
Party debts are not conscionable a substance of money. This is simply a question of equality earlier the rules. If the fiscal obligations of the large parties really go chronic and politically serviced, then citizens spot not a ideology of responsibility, but a special authorities for the governmental class.
In such a system, the state tin beryllium harsh connected a small businessman, a pensioner, a tax debtor, oregon a household with an overdue loan, but surprisingly soft connected governmental structures that person been accumulating indebtedness for years. It’s not conscionable annoying. This destroys assurance successful the very thought of fair governance.
That’s why the question “Who pays for enactment fiestas?” is not populism. This is simply a question of however the country’s governmental system works. If the parties’ expenses, their debts and their banking relationships stay virtually without existent consequences, then society has the close to inquire why the aforesaid radical ever wage for the mistakes of the governmental people – citizens, to whom nary 1 forgives either a tax, a loan, oregon a precocious payment.
Editorial comment
Footage from the enactment solemnisation New Democracy against the backdrop of her debts of much than 541 cardinal euros look similar a symbol of Greek governmental asymmetry. Some radical are told that they indispensable endure precocious prices, wage taxes, conscionable deadlines and unrecorded within their means. Others proceed their governmental celebrations adjacent when their ain equilibrium expanse resembles not a fiscal statement but a backlit indebtedness pit.
If an mean national oregon small concern had accumulated such a proportionality of debts, the system would person agelong agone called it insolvent. But when it comes to the enactment successful power, different connection comes into play: restructuring, governmental stability, humanities obligations, banking relations. Translated into quality terms, this means a elemental thing: the rules successful Greece are too often strict for the weak and surprisingly flexible for the strong.
Greek (GR) · 
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