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Budget continued to outperform in Feb, delivering 3.4 bln primary surplus
EconomyMacroeconomyThe budget primary balance recorded a surplus of 3.4 billion euros in February, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Friday.
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Budget starts new year on track, timing factors lead to 1.16 bln outperformance
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 2.28 billion euros in the opening month of 2024, compared to a surplus of 2.77 billion euros in the same month of 2023, according to the final Finance Ministry (MoF) budget execution data released on Monday.
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Primary surplus lands at 3.92 bln in 2023 thanks to significant underspend and RRF funds
EconomyMacroeconomyThe budget primary balance in December was confirmed at a surplus of 3.92 billion euros, compared to a deficit of 6.65 billion euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Thursday.
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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 data released by the Finance Ministry (MoF) on Monday.
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Primary surplus confirmed at 5.83 bln in Nov on back of spending under-execution
EconomyMacroeconomyThe budget primary balance in November was confirmed at a surplus of 5.83 billion euros, compared to a deficit of 1.09 billion euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Wednesday.
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Solid revenues, contained spending lead to primary balance beating target by 2 bln in Nov
EconomyMacroeconomyThe budget primary balance came to a surplus of 5.85 billion euros in November, compared to a deficit of 1.09 billion euros in the same period of 2022, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Tuesday.
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Final budget data for Oct verifies solid tax revenues on back of indirect and income tax haul
EconomyMacroeconomyThe budget primary balance in October was confirmed at a surplus of over 6 billion euros, compared to a deficit of 350 million euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Monday.
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Final budget sees 2.9 pct growth in 2024, primary surplus at 2.1 pct of GDP
EconomyMacroeconomyThe Finance Ministry submitted to Parliament the final budget for 2024, which sees growth picking up next year and a sizable primary surplus in line with the country’s fiscal commitments that support debt sustainability.
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Budget continues to outperform in Oct, paving way for 350 mln Christmas handout
EconomyMacroeconomyThe budget primary balance came to a surplus of 6.08 billion euros in October, compared to a deficit of 350 million euros in the same period of 2022, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Wednesday.
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VAT and income taxes buoy revenue performance as primary surplus target is beaten in Sep
EconomyMacroeconomyThe budget primary balance in September was confirmed at a surplus of almost 6 billion euros, compared to a surplus of 52 million euros in the same month of 2022.