-
Inflation and economic bounce boost tax revenues as Jan-Apr budget primary balance beats target by 1.65 bln
-
Removal of restrictions boosts travel receipts in Mar
-
Growth in industrial turnover continues in Mar as manufacturing, petroleum products lead 38.3 pct rise
-
Current account deficit deepens in Mar, reaching 6.45 bln for Q1
-
Public debt jumps by more than 6 bln in Q1, nearing 395 bln in total
-
Central govt cash balance records surplus of 714 mln in April, improves by 5 bln YoY in first four months
Primary budget deficit at 1.69 bln euros in Q1 as tax revenues continue to overperform
The budget primary balance for the first three months of 2022 came to a deficit of 1.69 billion euros, compared to a deficit of 3.41 billion euros in the same period last year, according to the preliminary Finance Ministry (MoF) budget execution data released on Tuesday.
The primary balance is below the target by 357 billion euros against an anticipated deficit of 1.33 billion euros at this point of the year. Expenditure, excluding interest payments and the public investment budget, came to 11.07 billion euros. Net reve...
You need a subscription to access our analysis. Please choose one of the packages available.
Full Access
A tailor-made service for professionals
Apart from having access to all our analysis and data, subscribers will be able to consult one-on-one with our analysts.
Free Access
Read some of our analysis for no charge
By signing up to MacroPolis, readers will be able to read two of our articles without charge each month. They will not have access to our data or weekly e-newsletter.
Standard Access
Our analysis and data at your fingertips
Subscribers will be able to read the full range of our articles, access our statistics and charts, and receive our weekly e-newsletter for €450 per year.
€480.00