According to preliminary data from the Greek finance ministry, tax revenues reached €46.59 billion for January-August 2025, compared to the target, representing a 4.8% increase, or €2.119 billion.
Meanwhile, the primary surplus amounted to €8.69 billion against a €4.92 billion target. The state budget balance recorded a €2.16 surplus for January-August 2025, up from a projected €1.38 deficit.
The primary balance on a modified cash basis amounted to a surplus of €8.696 billion, compared with a target of €4.929 billion and a primary surplus of €7.567 billion for the same period in 2024.
The 4.8% increase in tax revenues (before tax returns) is attributed to more efficient tax collection, as well as a more comprehensive tax filing last year.
State Budget expenditures for the period January–August 2025 amounted to €46.299 billion, lower by €3.356 billion compared with the target of €49.655 billion included in the 2025 Budget Report. They were, however, higher by €2.210 billion compared with the same period in 2024.
Within the Ordinary Budget, payments were lower than the target by €3.250 billion, mainly due to the delay in transfer payments to Social Security Funds and other general government entities by €1.895 billion and the postponement of cash payments for defense procurement programs by €682 million. It is noted that these amounts do not affect the general government balance in fiscal terms.
