-
Budget overperformance in Aug fuelled by VAT and income tax, spending significantly contained
-
Travel balance to July soars by 19 pct, reaching almost 9 bln
-
Agriculture output prices jump 28.7 pct YoY in Jul, despite input costs falling
-
Industrial turnover drops by 10.2 pct in Jul, driven by foreign markets and manufacturing
-
Current account deficit shrinks to 7 bln in 7 months as energy and imports ease
-
Loans managed by servicers broadly stable in Q2 at 71.16 bln
Tax revenues continue to outperform in Aug, as ministry explains frugal approach
The budget primary balance came to a surplus of 5.59 billion euros in August, compared to a surplus of 19 million euros in the same period of 2022, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday.
In the first eight months of the year, the budget outperformed by 3.27 billion euros.
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.
€500.00