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  1. Strong tax performance and underspend push 6M primary surplus to 1.7 bln above target
    Image: MacroPolis

    EconomyMacroeconomy

    of the current year’s taxes, such as VAT and excise taxes. The full revenue breakdown will be provided

    9%

  2. Primary balance 4 bln above target in Jul due to underspend and tax performance
    Image: MacroPolis

    EconomyMacroeconomy

    in the collection of the current year’s taxes, such as VAT and excise taxes. The full revenue breakdown

    9%

  3. Bumper results for banks add to frustration over interest rates, fees

    EconomyBanking

    and VAT revenues. The Finance Ministry has picked up on the friction which is also a source

    9%

  4. Significant underspend pushes 8M primary balance to 7.57 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    in the collection of the current year’s taxes, such as VAT and excise taxes. The ministry also notes that much

    9%

  5. Budget comfortably beats target up to Aug thanks to 2 bln excess taxes, 3.6 bln underspend
    Photo by MacroPolis

    EconomyMacroeconomy

    billion euros. VAT revenues amounted to 16.8 billion, 532 million above the target. Excise tax

    9%

  6. Draft budget for 2025 sees 2.3 pct growth and strong primary surplus
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    billion in 2024, with taxes rising to 68.72 billion euros, from 66.25 billion this year. VAT will rise

    9%

  7. Strong taxes and significant underspend push 9M primary balance 3.45 bln above target
    Photo by MacroPolis

    EconomyMacroeconomy

    in the collection of the current year’s taxes, such as VAT and excise taxes. The ministry also notes

    9%

  8. Newsletter 439 - 01/11/2024

    Newsletters

    plan, the increase in tax revenues from improving VAT collection and cracking down on tax fraud

    9%

  9. Privatisation proceeds, major underspend push Oct primary surplus to 8.82 bln above target
    Photo by MacroPolis

    EconomyMacroeconomy

    of the current year’s taxes, such as VAT and excise taxes. The ministry also notes that the actual

    9%

  10. Final Oct budget execution data reaffirms solid primary surplus boosted by privatisation takings
    Photo by MacroPolis

    EconomyMacroeconomy

    beat the target by 47 million euros. VAT revenues amounted to 21.49 billion, 20 million above

    9%