Primary Surplus at €5.683 billion Jan.-Jul. 2024
Greek state budget deficit for January-July 2024 amounted to €121 million, significantly lower than the target of €3.745 billion
Greek state budget deficit for January-July 2024 amounted to €121 million, significantly lower than the target of €3.745 billion
Greece’s state budget posted a primary surplus of 5.8 billion euros, on a cash basis, in the January-October 2023 period
What do the data of the Bank of Greece show about the cash result of the central administration
It confirms the objectives of the draft budget submitted to Parliament
The Greek state budget recorded a primary surplus of 273 million euros last year
"The Greek economy has turned the page. It returned, dynamically, to the European scene" commented the Minister of Finance
This development comes primarily from the overperformance in VAT and annual income tax collection
On March 13-14, finance ministers meet in Brussels to reform the Stability Pact
Net budget revenue was 7.166 billion euros in January
What the central bank data shows
The draft budget will provide for a primary surplus, even marginal, as well as the continuation of growth against the unfavorable climate that has been created in Europe
Last year, during the same period, there was a primary cash deficit of 2.719 billion euros
According to the updated estimates of the Bank of Greece, the medium-term sustainability of the public debt remains guaranteed
At the end of the first quarter of 2021 the debt amounted to 344.1 billion euros, while in the first quarter of 2020 it was 333.842 billion euros
The Minister of Finance, Christos Staikouras, during the discussion on the Preliminary Draft State Budget 2022, stressed that one of the priorities is the return of the real economy to normal rates
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