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  1. Amidst Covid and inflation uncertainty, 2022 budget looks forward to solid growth
    Photo by MacroPolis

    EconomyMacroeconomy

    on the inflation front, led by energy prices, the Finance Ministry tabled a revised final budget for 2022... of October. This is the second year on the bounce that the government has tabled a final budget... and headline deficits are higher by roughly 700 million euros in the final budget compared

    5%

  2. Budget primary deficit ends 2022 at 6.68 bln, from 10.33 bln in 2021
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance up to December 2022 came to a deficit of 6.68 billion euros, compared... Ministry (MoF) budget execution data released on Monday. The full year outperformance came to 1.83... and the public investment budget, came to 58.06 billion euros. Net revenues came to 59.6 billion euros

    5%

  3. Budget starts year where it left off in 2022, beating target by 618 mln in Jan
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance in January this year came to a surplus of 2.77 billion euros, compared... Ministry (MoF) budget execution data released on Thursday. In the first month of the year, the budget... budget, came to 3.75 billion euros. Net revenues came to 7.16 billion euros. The budget balance

    5%

  4. Budget primary balance beats target by 2.39 bln in Feb as taxes outperform
    Photo by MacroPolis

    EconomyMacroeconomy

    The 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

    5%

  5. Budget primary surplus of 2.43 bln in April thanks to 1.64 bln tax outperformance
    Photo by MacroPolis

    EconomyMacroeconomy

    The 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

    5%

  6. Budget primary surplus comfortably beats target in May as taxes outperform by 2 bln
    Finance Ministry

    EconomyMacroeconomy

    The 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

    5%

  7. 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

    5%

  8. 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

    5%

  9. 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

    5%

  10. 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

    5%