state budget

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

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 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.

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

Net tax revenues including rebates recorded an increase of €337 million for the twelve months, exceeding the set targets. This rise was mainly attributed to the revenues in November but was offset by an increase in payments by the Public Investment Program by €362 million compared to the targets.