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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... by 4.54 billion euros. Expenditure, excluding interest payments and the public investment budget, came
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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.... Expenditure, excluding interest payments and the public investment budget, came to 3.58 billion euros. Net
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Draft budget for 2025 sees 2.3 pct growth and strong primary surplus
EconomyMacroeconomyThe draft budget for 2025 was tabled in Parliament on Monday, with the main parameters in line... its time in office. Growth for this year is seen at 2.2 pct, when the 2024 budget had assumed..., nowhere near the 15.1 pct growth that was initially forecast in the 2024 budget. Private
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Final Nov budget data reaffirms solid finances as underspend boosts primary surplus
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 12 billion euros in November, compared... Ministry (MoF) budget execution data released on Friday. Up to November, the budget primary balance outperformed by 2.1 billion euros of the revised targets post final 2025 budget submission
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Final budget data for 2024 affirms solid surplus due to strong revenues, 2.75 bln underspend
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 8.7 billion euros in December..., according to the final Finance Ministry (MoF) budget execution data released on Monday. For 2024, the budget primary balance outperformed by 4.06 billion euros of the revised targets post final 2025
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Strong income tax revenues and contained spending maintain budget outperformance in May
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 5.34 billion euros up to May, compared... Ministry (MoF) budget execution data released on Wednesday. In the period, the budget primary balance... and the public investment budget, came to 20.98 billion euros. Net revenues came to 28.97 billion euros
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Budget underspend carries on in Oct as taxes continue to outperform
EconomyMacroeconomyThe budget primary balance produced a surplus of 10.3 billion euros up to October, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday. The primary... and the public investment budget, came to 44.28 billion euros. Net revenues were 60.96 billion euros
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Newsletter 35 - 17/07/2015
November 2011 to May 2012. Primary surplus widens Greece’s budget primary surplus widened to 1.88 billion... expenditure (by 2.63 billion) and a higher public investment budget balance (by 1.54 billion). Revenues... will continue to hover above Greece until the third bailout has been agreed. Interior Minister Nikos Voutsis
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Newsletter 87 - 09/09/2016
of the state budget posted a drop from last year. The breakdown showed revenues grew by 3.58 billion... monthly drop also includes arrears’ clearance of 970 million, according to the July budget execution... to recognise reality, while finding someone to pin the blame on. When German Interior Minister Thomas de
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Newsletter 111 - 17/03/2017
93.41 bln in January The budget primary balance recorded a surplus of 2.12 billion euros in the first... Ministry preliminary budget execution bulletin revealed. This year’s primary surplus beat the target... until the full details of such a settlement are known. A comment by Interior Minister Panos Skourletis
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