Surplus presented in the balance of the State budget EUR 1,964,000 for the period January – August, according to state budget execution data, on a modified cash base – against the target for a deficit of EUR 1,381 million included for the corresponding period of 2025 in the € 2025 budget report of EUR 2025.
The primary outcome on a modified cash base stood at a surplus of EUR 8,499,000, against a target for a primary surplus of EUR 4,929 million and a primary surplus of EUR 7,567,000 for the same period in 2024. It is noted that € 1,895,000 relating to deprivation of deprivation of € 540 million and 540 million euros. It concerns the delayed 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 793 million.
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.
In January – August 2025, the amount of net revenue of the state budget amounted to EUR 48,458,000, showing an increase of EUR 184 million or 0.4% against the target included for the corresponding period in the budget report of 2025. as well as 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.
The increase in net revenue against the target is observed, although the proceedings were included in June 1,350,000 euros in the month of June of the € 1,350,000 -euro concession contract for the funding, operation, maintenance and exploitation of the Egnatia Motorway, and the Egnatia Road March 29, On the one hand, the Greek State and the HRIP (now ESSYP) and on the other hand “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 1,534 million or 3.3% against the target, mainly due to increased tax revenue.
In particular, the revenue of the major categories of the state budget are as follows:
I. Revenue revenue in pre -refund tax amounted to EUR 46,519,000, increased by EUR 2,042,000 or 4.6% against the targetmainly because of the better performance of this year’s tax collection (income taxes, VAT, EFK, etc.) and from the best income tax return of the previous year received in installments by the end of February 2025.
Specifically for the main taxes in this category, the following are observed:
- VAT revenue amounted to EUR 18,185,000 and increased by the target of € 507 million.
- The revenue of the EFSC amounted to EUR 4,857,000 and is increased by the target of EUR 83 million.
- Revenue revenue of real estate tax amounted to EUR 1,983,000 and is increased by the target of € 73 million.
- Income tax revenues amounted to € 17,306,000 and is increased by the target of EUR 1,135,000 of which: The income tax of natural persons is increased by EUR 828 million, the income tax of legal entities reduced by EUR 38 million and the other income tax increased by EUR 345 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.
II. Revenue of the “Social Contributions” category amounted to 41m euros, according to the target.
III. Revenue of the “Transfers” category amounted to EUR 4,495,000, reduced by € 8 million against the target included in the budget report of 2025. EUR 1,346,000 was collected by the recovery and resilience fund in accordance with the target, while an amount of EUR 2,507,000 relates to RIP revenue, which is reduced by EUR 422 million against the target.
IV. Revenue of the “Sales of Goods and Services” category amounted to 1,740,000 euros and includes the amount of EUR 784.8 million from the new Attica Odos concession contract, while the target contains € 1,350,000 from the Egnatia Odos exploitation price, as mentioned above. If the above amounts are excluded, the revenue of the major “sales of goods and services” amount to € 955 million, up EUR 259 million against the target.
V. Revenue of the “Other Current Revenue” category amounted to EUR 1,822,000, reduced by 75m euros against the target included in the budget report of 2025. Of the above amount of EUR 1,822,000, EUR 185 million relates to EUR 29 million revenue, which is increased by EUR 29 million against the target.
Revenue refunds amounted to EUR 6,181,000 and incorporate the VAT refund of EUR 784.8 million from the new Attica Odos concession contract, as mentioned above, which is budget in the year 2024. If this amount is excluded, tax refunds amounted to EUR 5,39,000 and is € 5,39,000. (EUR 4,711,000), included in the budget report of 2025.
Given the above, net income from refunds in January – August 2025 appear by € 1,357,000 against the budget objectives. As mentioned above, an amount of EUR 342 million in the first two months is fiscalized in the year 2024.
The total revenue of the RIP amounted to EUR 2,692,000, reduced by EUR 393 million from the target (EUR 3,085,000), included in the 2025 budget report.
In particular, in August 2025, the total net revenue of the state budget amounted to EUR 5,605,000, reduced by EUR 634 million against the monthly target, mainly due to increased tax refunds – from the clearance of tax returns – budgeted for the following month.
In particular, the revenue of the major categories of the state budget are as follows:
I. Revenue of the “Taxes” category amounted to EUR 6,086,000, reduced by EUR 109 million or 1.8% against the target. It is noted that part of the income tax was proceeded in the past months, because the application for the submission of tax returns was put into operation in mid -March.
Specifically for the main taxes in this category, the following are observed:
- VAT revenue amounted to EUR 2,481,000 and increased by the target of € 150 million.
- The revenue of the EFSC amounted to EUR 699 million and is reduced by the target of € 5 million.
- Revenue revenue of real estate tax amounted to EUR 113 million and is reduced by the target of € 17 million.
- Income tax revenue amounted to EUR 2,378,000 and is reduced by the target of EUR 181 million, of which the income tax of natural persons is reduced by EUR 79 million, the income tax of legal entities is reduced by EUR 97 million and the rest of the income is reduced by € 5 million.
II. Revenue of the “Social Contributions” category amounted to 6m euros, according to the target.
III. Revenue of the “Transfers” category amounted to EUR 375 million, down by EUR 158 million against the target included in the budget report of the budget of 2025. EUR 306 million relates to the revenue of the RIP, which is reduced by EUR 217 million against the target.
IV. Revenue of the “Sales of Goods and Services” category amounted to 20m euros against zero monthly target.
V. Revenue of the “Other Current Revenue” category amounted to 180m euros, up by € 57m against the target included in the budget report of 2025. From the above amount of EUR 180 million, EUR 34 million relates to EUR 27 million revenue, which is increased by EUR 27 million against the target.
Revenue refunds amounted to 1,135,000 euros, increased by 433m euros from target (EUR 702 million).
PDI revenue amounted to EUR 340 million, reduced by EUR 190 million from target (EUR 530 million).
State budget expenditure for the January – August 2025 period amounted to EUR 46,494 million and are reduced by EUR 3,161 million against the target (EUR 49,655 million), which has been included in the budget report of 2025.
In the regular budget, payments are reduced by the target of EUR 3,054 million, which is mainly due to the delayed transfer payments to OKA and other general government bodies by EUR 1,895 million and the cash payments of the equipment programs by EUR 540 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 897 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 the transport bodies (OASA, OASTH and OSE) of EUR 251 million and
- The grant to higher education institutions of EUR 145 million.
Investment expenditure payments amounted to EUR 7,040 million, reduced by EUR 106 million compared to the target, which has been included in the 2025 budget report. At the same time, they are increased by the corresponding payments of 2024 by EUR 491 million.