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Hellenic > Blog > Business > Primary surplus of € 2.7 billion in the first two months of 2025 in the state budget
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Primary surplus of € 2.7 billion in the first two months of 2025 in the state budget

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Last updated: 2025/04/05 at 9:22 AM
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At 11.9 billion the tax receipts were

The government’s financial objectives are observed in accordance with the provisional data on the execution of the state budget, on a modified cash base, for the period of January -February 2025.

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At 11.9 billion the tax receipts wereRelated tags

Specifically, there is a surplus in the government budget balance of EUR 629 million against the target of a deficit of EUR 51 million included for the corresponding period of 2025 in the budget report of 2025 and a surplus of EUR 1,437 million in 2024. It stood at a surplus of EUR 2,721 million, against a target for a primary surplus of EUR 2,029 million and a primary surplus of EUR 3,378 million for the same period in 2024.

It is noted that an amount of EUR 468 million relating to delayed regular budget payments and an amount of EUR 473 million concerning delayed payments by the Public Investment Program, do not affect the outcome of the General Government on budgetary terms. It is also noted that the primary outcome in budgetary terms differs from the outcome in cash terms. In addition, the above relates to the primary outcome of the central administration and not to the whole general government, which includes the financial results of the legal entities and sub -sectors of the Local Authorities and OKAs.

In January -February 2025, the net revenue of the state budget amounted to EUR 11,663 million, increasing an increase of EUR 90 million or 0.77% against the target included for the corresponding period in the budget report of 2025. On tax refunds (VAT), the amount of EUR 784.8 million from the transactions required in January 2025 to complete the new Attica Road concession contract, which relate to the year 2024 and are fiscal neutral.

Tax revenue amounted to EUR 11,901 million and is increased by EUR 527 million or 4.6% against the target included in the budget report of 2025. It is noted that most of the two -month January -February tax revenues affects the year 20. Budget will be carried out with the issuance of the final card.

Revenue refunds amounted to EUR 1,859 million and incorporate the VAT refund of EUR 784.8 million from the Attica Odos concession agreement, which fiscally affects 2024. If this amount is excluded, tax refunds amounted to EUR 1,074 million. euro) included in the budget report on 2025.

The total revenue of the Public Investment Program (RIP) amounted to EUR 166 million, reduced by EUR 629 million from the target (EUR 795 million), included in the budget report of 2025.

In particular, in February 2025, total net revenue of the state budget amounted to EUR 5,672 million, up EUR 196 million against the monthly target.

Tax revenue amounted to EUR 6,022 million, increased by EUR 214 million or 3.7% against the target.

Revenue refunds amounted to EUR 651 million, reduced by € 76 million from the target (€ 727 million).

Public Investment Budget Revenue (RIPs) amounted to EUR 71 million, reduced by € 44 million from the target (EUR 115 million).

State budget expenditure for the January -February 2025 period amounted to EUR 11,034 million and are reduced by EUR 590 million against the target (EUR 11,625 million), which has been included in the 2025 budget report.

In the regular budget, payments are reduced by the target by € 246 million. Excluding the dispute in the distribution of € 343 million, which does not correspond to payments but to credit transfers to the other categories from which payments are made, the difference in payments against the target amounts to EUR 97 million.

Investment expenditure payments amounted to EUR 1,339 million, down by EUR 344 million compared to the target, which has been included in the 2025 budget report. At the same time, they are reduced by the corresponding payments of 2024 by EUR 716 million.

Related tags

Budget 2025 Tax Revenue

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TAGGED: billion, Budget, budget 2025, income, months, primary, State, surplus, taxes

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