surplus

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 […]

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 surplus was attributed primarily to improvements in the secondary income balance and, to a lesser extent, the services balance

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

For the 11-month term January-November of 2023 it recorded a surplus of €17.895,5 million, the data revealed

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.

Up from surplus target of 3.771 billion euros, and primary deficit of 1.091 billion euros reported over corresponding period in 2022.

BoG interim report forecasts 2.5% growth rate in 2024, 2025

The state budget in Greece posted a primary surplus of 6.08 billion euros in the January-October 2023 period, up from a target  surplus of 5.607 billion and a primary deficit of 350 million euros in the corresponding period last year, according to a finance ministry report, released on Monday, regarding budget execution on an amended […]

The country’s central bank said cash result of central administration posted a surplus of 93 million euros