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Budget primary balance beats target by 2.39 bln in Feb as taxes outperform
EconomyMacroeconomyThe budget primary balance in February came to a surplus of 4.2 billion euros, compared... (MoF) budget execution data released on Thursday. In the first two months of the year, the budget... budget, came to 7.46 billion euros. Net revenues came to 12.95 billion euros. The budget balance up
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Budget primary surplus of 2.43 bln in April thanks to 1.64 bln tax outperformance
EconomyMacroeconomyThe budget primary balance came to a surplus of 2.34 billion euros in April, compared to a deficit...) budget execution data released on Monday. In the first four months of the year, the budget outperformed by 3.3 billion euros. Expenditure, excluding interest payments and the public investment budget
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Budget primary surplus comfortably beats target in May as taxes outperform by 2 bln
EconomyMacroeconomyThe budget primary balance came to a surplus of 2.29 billion euros in May, compared to a deficit...) budget execution data released on Thursday. In the first five months of the year, the budget... budget, came to 20.29 billion euros. Net revenues came to 26.24 billion euros. The budget balance up
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Budget execution continues to outperform in June, led by 2.2 bln in excess taxes
EconomyMacroeconomyThe budget primary balance came to a surplus of 2.12 billion euros in June, compared to a deficit...) budget execution data released on Monday. In the first half of the year, the budget outperformed by 2.53 billion euros. Expenditure, excluding interest payments and the public investment budget, came
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Underspend and improved tax collection help budget beat target by 881 mln in July
EconomyMacroeconomyThe 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
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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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