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  1. 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%
  2. 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%
  3. 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%
  4. 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%
  5. 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%