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EconomyMacroeconomy
Strong taxes and significant underspend push 9M primary balance 3.45 bln above target The budget primary balance recorded a surplus of 8.74 billion euros up to September, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Wednesday.
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EconomyMacroeconomy
Draft budget for 2025 sees 2.3 pct growth and strong primary surplus The draft budget for 2025 was tabled in Parliament on Monday, with the main parameters in line with the medium-term fiscal-structural strategy (MTS) that was presented by the government last week.
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EconomyMacroeconomy
New medium term plan to 2028 sees tight fiscal path, moderate growth once RRF concludes The Finance Ministry presented on Monday the latest Medium Term Fiscal Plan for the 2025-2028 after negotiations with Brussels within the context of the new SGP rules.
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EconomyMacroeconomy
Budget comfortably beats target up to Aug thanks to 2 bln excess taxes, 3.6 bln underspend The budget primary balance was confirmed at a surplus of 7.57 billion euros in August, compared to a surplus of 5.6 billion euros in the same period a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Wednesday.
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EconomyMacroeconomy Significant underspend pushes 8M primary balance to 7.57 bln The budget primary balance recorded a surplus of 7.57 billion euros by August, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Tuesday.
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EconomyMacroeconomy
Corporate, income taxes and VAT propel tax outperformance in July above 2 bln The budget primary balance was confirmed at a surplus of 5.67 billion euros in July, compared to a surplus of 3.56 billion euros in the same month a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Monday.
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EconomyMacroeconomy Primary balance 4 bln above target in Jul due to underspend and tax performance The budget primary balance recorded a surplus of 5.68 billion euros by July, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Friday.
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EconomyMacroeconomy
Primary surplus reaches 2.91 bln in Jun as VAT and corporate tax lead revenue outperformance The budget primary balance was confirmed at a surplus of 2.91 billion euros in June, compared to a surplus of 2.12 billion euros in the same month a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Friday.
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EconomyMacroeconomy
Strong tax performance and underspend push 6M primary surplus to 1.7 bln above target The budget primary balance recorded a surplus of 2.9 billion euros by June, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday.
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EconomyMacroeconomy
VAT and income tax takings plus 721 mln underspend lead to 3.2 bln primary surplus in May The budget primary balance was confirmed at a surplus of 3.2 billion euros in May, compared to a surplus of 2.3 billion euros in the same month a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Tuesday.