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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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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 154 -9/03/2018
came in below the Ministry of Finance’s (MoF) final budget estimate of 1.6 percent. The figure... percent. The MoF’s final budget for 2018 had anticipated exports of goods and services to rise by 6.9... the MoF’s own forecasts, following a substantial revision in the draft budget, the Ministry of Finance
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Newsletter 223 -11/10/2019
Budget negotiations continue Athens still in talks with institutions on 2020 fiscal gap amid excess...’s draft budget as the two sides try to ensure that there is no danger of a fiscal gap appearing... in the final version of the budget. The economic plan includes tax relief and spending measures worth 1.2
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