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Corporate taxation, underspend lead to 3 bln primary surplus in March
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of close to 3 billion euros in March, compared to a surplus of 3.08 billion euros in the same month of 2023, according to the final Finance Ministry (MoF) budget execution data released on Tuesday.
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Government tones down fiscal pledges as tighter framework starts to bite
EconomyMacroeconomyThe tight fiscal framework imposed by the new Stability and Growth Pact rules and Greece's long-standing commitment to primary surpluses above 2 pct of GDP for decades are catching up with the Greek government, as the window that allowed for handouts and support initiatives thanks to the escape clause is now firmly closed.
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Budget outperforms in Mar, delivers 2.95 bln primary surplus thanks to strong tax collection
EconomyMacroeconomyThe budget primary balance recorded a surplus of 2.95 billion euros in March, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday.
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Income tax and VAT revenues drive budget primary surplus to 3.38 bln in Feb
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 3.38 billion euros in February, compared to a surplus of 4.22 billion euros in the same month of 2023, according to the final Finance Ministry (MoF) budget execution data released on Tuesday.
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Budget continued to outperform in Feb, delivering 3.4 bln primary surplus
EconomyMacroeconomyThe budget primary balance recorded a surplus of 3.4 billion euros in February, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Friday.
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Budget starts new year on track, timing factors lead to 1.16 bln outperformance
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 2.28 billion euros in the opening month of 2024, compared to a surplus of 2.77 billion euros in the same month of 2023, according to the final Finance Ministry (MoF) budget execution data released on Monday.
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Strong start to budget execution in 2024 as Jan brings 2.12 bln primary surplus
EconomyMacroeconomyThe budget primary balance started the new year strongly with a surplus of 2.12 billion euros in January, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Thursday.
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Primary surplus lands at 3.92 bln in 2023 thanks to significant underspend and RRF funds
EconomyMacroeconomyThe budget primary balance in December was confirmed at a surplus of 3.92 billion euros, compared to a deficit of 6.65 billion euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Thursday.
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Timing factors, underspend lead to budget outperformance of 4.54 bln in 2023
EconomyMacroeconomyThe budget primary balance came to a surplus of 3.69 billion euros for the full year in December, compared to a deficit of 6.65 billion euros in 2022, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday.
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Solid revenues, contained spending lead to primary balance beating target by 2 bln in Nov
EconomyMacroeconomyThe budget primary balance came to a surplus of 5.85 billion euros in November, compared to a deficit of 1.09 billion euros in the same period of 2022, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Tuesday.