Surpluspresented in the balance of the State budgetEUR 2,168 million on amended cash base, for the period of January – July 2025, according to state budget execution data, against the target of a deficit of EUR 1,961 million included for the corresponding period of 2025 in the rapporteur of 2025 and EUR 139 million.
The primary outcome on a modified cash base stood at a surplus of EUR 7.939 billion, against a target for a primary surplus of EUR 3,599 million and a primary surplus of EUR 5,665 billion for the same period in 2024. It is noted that EUR 2,208 billion relating to the taxpayer of EUR 605 billion and a € 608 billion of Millions of euros in detention of payments of equipment programs do not affect the outcome of the general government in budgetary terms.
In addition, an amount of EUR 342 million in the first two months is fiscalized in the year 2024. Excluding the above amounts, exceeding the primary outcome on a modified cash base, against the budget objectives, is estimated at EUR 1,183 billion.
It should be noted that the primary outcome in budgetary terms differs from the outcome in cash terms. In addition, the above relate to the primary outcome of the central administration and not the whole general government, which includes the financial results of the legal entities and sub -divisions of the Local Authorities and OKAs.
During January – July 2025, the net revenue of the state budget amounted to EUR 42,853 billion, increasing an increase of EUR 817 million or 1.9% against the target included for the corresponding period in the budget report of 2025. Tax refunds (VAT), the amount of EUR 784.8 million from the transactions required in January 2025 for the completion of the new Attica Road concession contract, which relate to the year 2024 and are fiscal neutral.
This increase is observed, although in the targeting of the rapportement report, the recovery of € 1,350 billion was included in the month of the month of the funding, operation, maintenance and exploitation of the Egnatia Road Motorway, and the 3 vertical axes, which was signed by the Egnatia Road, and the 3 vertical roads, and HRIPED (now ESSYP) and on the other hand of the company “NEW EGNATIAS SA” as a concessionaire. The next steps of the procedure until the price is paid are expected to be completed in the coming months. Except for the above amount, net revenue increases by EUR 2,167 billion or 5.3% against the target, mainly due to increased tax revenue.
In particular, the revenue of the major categories of the state budget are as follows:
1. Class revenue ‘Taxes»They were EUR 40,434 billion, increased by EUR 2,150 million or 5.6% against the target. This over -execution comes from the best return on the recovery of taxes of this year, as well as from the better return of income taxes of the previous year, collected in installments by the end of February 2025.
Specifically for the main taxes in this category, the following are observed:
- VAT revenue amounted to € 15,704 million and is increased by the target of EUR 357 million.
- The revenue of the EFSC amounted to EUR 4,158 million and is increased by the target of EUR 87 million.
- Revenue revenue of real estate tax amounted to € 1,870 million and increased by the target of € 90 million.
- Income tax revenues amounted to EUR 14,928 million and is increased by the target of EUR 1,316 million, of which: the income tax of natural persons is increased by EUR 907 million, the income tax of legal entities increased by EUR 59 million and the other taxes increased by € 350 million. It is noted that regarding the income tax of natural persons, part of the receipts appears forwardly because the application for the submission of tax returns was put into operation in mid -March.
2. Class revenue ‘Social contributions»They amounted to 35m euros, according to the target.
3. Class revenue ‘Transfers»Amounted to EUR 4,120 billion, increased by EUR 149 million against the target included in the budget report of 2025. EUR 1,346 billion was received by the recovery and resilience fund in accordance with the target, while EUR 2,200 billion is reduced by EUR 205 million.
4. Class revenue ‘Sales of goods and services»They amounted to EUR 1,667 billion and includes EUR 784.8 million from the new Attica Odos concession contract, while targeting € 1,350 billion from the price for the exploitation of Egnatia Road as mentioned above. Excluding the above amounts, the revenue of the major “sales of goods and services” amount to € 882 million, up EUR 270 million against the target.
5. Class revenue ‘Other running revenue»They amounted to EUR 1,642 billion, reduced by EUR 132 million against the target included in the budget report of 2025. From the above amount of EUR 1,642 billion, EUR 151 million relates to EUR 2 million revenue, which is increased by EUR 2 million against the target.
Returns of revenue They amounted to EUR 5,045 million and incorporated the VAT refund of EUR 784.8 million from the new Attica Odos concession contract, as mentioned above, which fiscalities affects the year 2024. If this amount is excluded, tax refunds amounted to EUR 4,260 billion (€ 4,260 billion. euro), included in the budget report of the budget 2025.
The total revenue of the RIP They amounted to EUR 2,352 billion, reduced by EUR 203 million from the target (EUR 2,555 billion), which has been included in the budget report of 2025. In particular, in July 2025, the total net revenue of the state budget amounted to EUR 8,472 billion increased by EUR 333 million.
In particular, the revenue of the major categories of the state budget are as follows:
1. Taxes in the category amounted to EUR 8,226 billion, reduced by EUR 85 million or 1.0% against the target.
Specifically for the main taxes in this category, the following are observed:
- VAT revenue amounted to EUR 2,818 million and increased by the target of € 41 million.
- The revenue of the EFSC amounted to EUR 727 million and is reduced by the target of EUR 6 million.
- Revenue revenue of real estate taxes amounted to € 172 million and is reduced by the target of € 30 million.
- Income tax revenue amounted to EUR 3,847 million and is reduced by the target of EUR 91 million, of which: (a) the income tax of natural persons is reduced by EUR 188 million against the target, which is due to the increased recovery of the FEPF in previous months, due to their earnings. Tax returns, (b) Legal income tax is increased by EUR 16 million and (c) Other income taxes increased by EUR 81 million.
2. Revenue of the “Social Contributions” category amounted to EUR 5 million, according to the objective.
3. Revenue in the “Transfers” category amounted to EUR 548 million, up by EUR 471 million against the target included in the budget report of EUR 2025. EUR 400 million relates to RIP revenue, which is increased by EUR 357 million against the target.
4. Revenue in the “Sales of Goods and Services” category amounted to EUR 126 million, reduced by EUR 8 million against the monthly target.
5. Revenue of the “Other Current Revenue” category amounted to EUR 240 million, reduced by EUR 66 million compared to the target included in the budget report of 2025. From the above € 240 million, € 29 million relates to EUR 17 million, which is € 17 million.
Returns of revenue They amounted to EUR 673 million, reduced by EUR 20 million from the target (EUR 693 million).
The total revenue of the RIP They amounted to EUR 429 million, increased by EUR 374 million from the target (EUR 55 million).
State budget expenditure for the period of January – July 2025 amounted to EUR 40,685 billion and are reduced by EUR 3,311 billion against the target (EUR 43,997 billion), which has been included in the EUR 2025 budget report.
In the regular budget, payments are reduced by the target of EUR 3,277 billion, which is mainly due to the delayed transfer payments to OKAs and other general government bodies by EUR 2,208 billion and the cash payments of EUR 605 million. It is noted that the above amounts do not affect the outcome of the General Government on budgetary terms.
Noteworthy transfers are as follows:
- Transfers to Hospitals and the YPDs of EUR 726 million,
- The transfer of EUR 400 million to cover the cost of providing utility services in the electricity sector (SGI), in accordance with article 55 of Law 4508/2017 (A ‘200),
- The grant of EUR 377 million to the National Central Authority of Health Supplies (EKAPY) for the supply of pharmaceuticals, products and health services on behalf of public hospitals, on behalf of public hospitals,
- Grants to transport bodies (OASA, OASTH and OSE) of EUR 208 million and
- The grant to higher education institutions of EUR 115 million.
Investment expenditure payments amounted to EUR 6,131 billion, reduced by EUR 34 million compared to the target, which has been included in the budget report of 2025. At the same time, they are increased by the corresponding payments of 2024 by EUR 32 million.