Surplus

Tax revenues for the period January-February 2023 have increased by 1.245 billion euros or 14.2% compared to the target, according to the execution data of the state budget, on a modified cash basis.

This significant excess comes mainly from the overperformance in the collection of value-added tax and income tax.

Greece's central government achieved a primary budget surplus of 823 million euros ($921.02 million) in the first two months of the year, missing the target due to lower revenues, finance ministry data showed on Monday.

The endurance of the Greek economy is noteworthy.

Despite the worsening of the external environment and the geopolitical tensions in our neighbourhood the country's economic climate index rose to 109.5 points last month, the highest level in the last 12 years and steadily above the EU average.

Consumer trust was maintained at a 19-year high.

Greece's central government achieved a primary budget surplus of 2.9 billion euros in the first eight months of the year, well above its target thanks to higher revenues, Finance Ministry data showed on Monday.

Greece's central government achieved a primary budget surplus of 382 million euros  ($430.44 million) in the first half of the year, well above its target, thanks to higher revenues, finance ministry data showed on Monday.

The 2020 budget will have to produce a primary surplus overrun of more than 2 billion euros just for the repetition of the measures the outgoing government has voted in over the last few weeks for 2019. If one adds the bill for the election pledges of the two main parties for next year, the cost jumps over 4 billion euros.

The official data on the execution of the 2018 budget show a higher deficit and a lower primary surplus compared to the targets the government had set.

The November revenues of the Single Social Security Entity (EFKA) are down both on the previous month and November 2017, according to sources, with experts estimating that the extensive talk of handouts combined with workers' increased tax obligations in the last few months of the year have led to a freeze in payments.

Greece's central government achieved a primary budget surplus of 3.14 billion euros ($3.67 billion) in the first eight months of the year, well above target, thanks to higher revenues and lower spending, Finance Ministry data showed on Friday.

Greece's central government achieved a primary budget surplus of 617 million euros ($722.20 million) in the first six months of the year, well above target, thanks to much lower spending, finance ministry data showed on Monday.