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  1. Significantly contained spending pushes July primary surplus 4.36 bln above target

    EconomyMacroeconomy

    expenditure was 4.43 billion euros, below target by 18 million. Overall, the PIB balance landed at a deficit

    4%
  2. Underspend and taxes push primary balance up to Aug 3.77 bln above target

    EconomyMacroeconomy

    , the PIB balance landed at a deficit of roughly 2.3 billion euros. RRF-related expenditures were 2.05

    4%
  3. Tax collections and contained spending take primary surplus 4.15 bln above target in Sep
    Finance Ministry

    EconomyMacroeconomy

    by 378 million. Overall, the PIB balance landed at a deficit of roughly 2.7 billion euros. RRF

    4%
  4. Budget underspend carries on in Oct as taxes continue to outperform

    EconomyMacroeconomy

    expenditure was 6.28 billion euros, below target by 656 million. Overall, the PIB balance landed at a deficit

    4%
  5. Budget continues to outperform in Nov as taxes beat target by 334 mln

    EconomyMacroeconomy

    . Overall, the PIB balance landed at a deficit of roughly 4 billion euros. RRF-related expenditures were

    4%
  6. Small total surplus for budget at close of 2025 as underspend remains prominent

    EconomyMacroeconomy

    balance landed at a deficit of roughly 6.2 billion euros. RRF-related expenditures were 4.9 billion

    4%
  7. Jan primary surplus at 3.5 bln as underspend continues into 2026

    EconomyMacroeconomy

    million euros. Overall, the PIB balance landed at a deficit of roughly 200 million euros. RRF-related

    4%
  8. Budget primary surplus at 3 bln in Feb as tax performance moderates

    EconomyMacroeconomy

    euros. Overall, the PIB balance landed at a surplus of roughly 200 million euros. RRF-related

    4%
  9. Underspend and rising tax revenues push primary surplus to 4.39 bln by March

    EconomyMacroeconomy

    below target by 212 million euros. Overall, the PIB balance landed at a surplus of roughly 750

    4%
  10. Honey, I shrunk the Greeks vol. 2

    Agora

    claims, you end up with a “subordination risk” where private money is seen as being inferior

    4%