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  1. Underspend and improved tax collection help budget beat target by 881 mln in July
    Finance Ministry

    EconomyMacroeconomy

    The budget primary balance came to a surplus of 3.56 billion euros in July, compared to a deficit...) budget execution data released on Wednesday. In the first seven months of the year, the budget... budget, came to 28.66 billion euros. Net revenues came to 37.15 billion euros. The budget balance up

    13%

  2. Timing factors, underspend lead to budget outperformance of 4.54 bln in 2023
    Photo by MacroPolis

    EconomyMacroeconomy

    The 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

    13%

  3. Final Nov budget data reaffirms solid finances as underspend boosts primary surplus
    Photo by MacroPolis

    EconomyMacroeconomy

    The 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

    13%

  4. Final budget data for 2024 affirms solid surplus due to strong revenues, 2.75 bln underspend
    Photo by MacroPolis

    EconomyMacroeconomy

    The 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

    13%

  5. Strong income tax revenues and contained spending maintain budget outperformance in May

    EconomyMacroeconomy

    The 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

    13%

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

    EconomyMacroeconomy

    The 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

    13%

  7. Primary balance on target in Oct, revenues beat target thanks to tax and tourism VAT
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance up to October landed at a deficit of 7.2 billion euros, compared... (MoF) budget execution data released on Monday. The primary balance was broadly in line... interest payments and the public investment budget, came to 43.89 billion euros. Net revenues came

    13%

  8. PM touts strong economy and housing measures but voters focus on everyday worries
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    PM Kyriakos Mitsotakis hit back at his critics in the budget debate on Tuesday, by unveiling new.... Mitsotakis used his budget speech to defend his government's record on the economy, stressing that the 2026 budget rests on a 2.4 pct growth forecast, which is double that of the eurozone, while

    13%

  9. Tracking Greece's fiscal performance
    Photo by MacroPolis

    Agora

    , running as disciplined a balanced budget policy as we have seen. As discussed in Blogs 10 and 11... time. Figure 1 shows the overall fiscal balance over 10 years through 2022-Q2 as reported by two key... that the original data are mostly cash outlays and expenditures in the budget, with some adjustments

    13%

  10. Greece on way to 2013 primary surplus as budget outperformed targets by 3.85bn euros to August

    Economy

    The budget execution to August showed revenues outperforming monthly targets by 400 million euros..., with the latter being significantly boosted by cumulative Public Investment Budget (PIB) revenues of 2.2 billion. Moreover, a Jan-Aug primary surplus of 1.36 billion and a budget deficit of 4.0 billion

    13%