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 balance on a modified cash basis reached a surplus of €2.002 billion, exceeding the target of a €1.4 billion primary surplus. This figure also represents a slight decline from the €2.282 billion surplus recorded during the same period in 2024.
In January 2025, the net revenue of the state budget amounted to €6.013 billion, reflecting a decrease of €84 million or 1.38% compared to the target set for the same period in the Budget 2025 report. It is important to note that this amount includes €784.8 million, related to transactions required for the completion of the new Concession Agreement for the Attiki Odos highway. This sum, which appears both in the revenue category (“Sales of goods and services”) and in VAT refunds, pertains to 2024 and is fiscally neutral.
Tax revenues totaled €5.974 billion, exceeding the target by €409 million or 7.3%. It should be noted that the majority of January’s tax revenues impact the fiscal results for 2024.
Government budget spending amounted to €5.23 billion in January 2025, recording a €644 million drop compared to the target included in the introductory report of the 2025 Budget which outlines the financial targets and projections for the year, providing a comprehensive framework for the government’s fiscal policy.
