Greece’s state budget primary surplus, based on final data, reached 758 million euros in January 2025, according to figures released on Tuesday by the finance ministry. The surplus is higher than the envisioned goal of 200 million euros that is included in the introductory report for the 2025 state budget for the specific period. The […]

The Greek budget recorded a primary surplus of €2 billion, up from the €1.4-billion target for January. According to provisional data for the execution of the state budget on a revised cash basis, the Greek government budget balance reported a €780-million-euro surplus against the €200-million target for January 2025 included in the preliminary report. The primary […]

In previous budget execution reports, in October, a net amount of €3.241bln was collected from the new Concession Agreement for Attiki Odos

These measures aim to foster fairer banking practices and enhance the availability of affordable housing and credit.

Prime Minister Kyriakos Mitsotakis is expected to deliver his remarks late in the evening, shortly before the decisive vote that will conclude the session

Greece begins 2025 state budget debate in Parliament, marking PASOK's return as the main opposition, with a key focus on tax cuts.

This amendment comes as part of PASOK’s broader strategy to present itself as a people-focused yet pragmatic political alternative to New Democracy.

Ruling New Democracy has proposed the budget, presenting it as a set of measures that will improve Greece’s economy through “fiscal prudence”.

A significant part of this surplus is attributed to the receipt of €3.2 billion in October from the new concession agreement for the Attiki Odos

The most prominent spending increase affects pension rates, which will be raised by 2.2% to 2.5%, on average

The economy is expected to close this year with growth at around 2.2%, while for 2025, the target is slightly higher at 2.3% as outline in the medium-term fiscal plan.

A major issue of concern is how the Israel-Iran conflict will play out with pundits projecting a surge in oil prices.

The performance was almost double the target of 3.316 billion euros

Greek state budget deficit for January-July 2024 amounted to €121 million, significantly lower than the target of €3.745 billion

The central government posted a primary balance surplus of 2.9 billion euros in January-June 2024 period, up from 1.519 billion euros in H1 2023, the Bank of Greece (BoG) announced on Wednesday. Specifically, Greece’s central bank said the central government cash balance posted a deficit of 1.558 billion euros in the January-June 2024 period, compared […]

The primary surplus amounted to 3.282 billion euros, against a target for a primary surplus of 631 million euros

Value Added Tax (VAT) revenues reached 5.876 billion euros, down by 16 million euros compared to the target.

This is up from a target of 2.133 billion euros over the same period last yeat, and compared to a primary surplus of 3.079 billion in the corresponding quarter last year

The primary surplus on a modified cash basis amounted to 3.401 billion euros, compared to a target primary surplus of 1.981 billion euros

According to estimates, food prices in 2024 are expected to increase by an average of 4.6%, adding to the revaluations of 2023 that exceeded an average of 7.2%. Canned goods are projected to increase by 14%, legumes and rice by 10%, and cereals by 8%