Primary surplus of EUR 4,667 billion, on amended cash base for the January – June 2025 period, was presented by the execution of budgetagainst a target for a primary surplus of EUR 2,235 billion and a primary surplus of EUR 2,905 billion for the same period of 2024. Tax revenue amounted to EUR 32,296 billion, increasing an increase of EUR 2,323 billion or EUR 7.8% compared to the target.
According to the provisional execution data of the state budget, on a modified cash base, for the January – June 2025 period, a deficit in the state budget balance of EUR 416 million is presented, against the target of a deficit of EUR 2,795 billion. EUR 2,256 billion in 2024.
The primary result on a modified cash base stood at a surplus of EUR 4,667 billion, against a target for a primary surplus of EUR 2,235 billion and a primary surplus of € 2,905 billion for the same period in 2024.
It is noted that an amount of EUR 792 million relating to the delayed transfer payments of the regular budget and an amount of EUR 510 million relating to the detention of equipment programs payments do not affect the outcome of the General Government on 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 788 million.
It is noted that this amount of the semester includes part of part of the income tax of natural persons provided to be collected in the coming months, because the application for the submission of tax returns was put into operation in mid -March.
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 – June 2025, the net revenue of the state budget amounted to EUR 34,385 billion, increasing an increase of EUR 488 million or 1.4% against the target included for the corresponding period in the budget report of 2025.
It is noted that this amount contains both revenue (in the “Sales of goods and Services”) and tax refunds (VAT), the amount of EUR 784.8 million from the transactions required in January 2025 for the completion of the new Attica Concession Agreement.
This increase is observed, although at the targeting of the rapportement report, the recovery of € 1,350 billion was included in the month of June for the funding, operation, maintenance and exploitation of the Egnatia Road Motorway, between the Egnatia Road, between the Egnatia Road and the three (3) vertical roads, Greek State 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.
Tax revenue amounted to EUR 32,296 billion, increased by EUR 2,323 billion or 7.8% against the target mainly due to:
- of the earlier collection of part of the income tax of natural persons, which had been projected to be collected by the end of July, because it has already been put into operation by mid -March to apply for the submission of tax returns as mentioned above and
- The best performance in this year’s tax collection (VAT, EFK, etc.) and the best performance of the previous year’s income taxes until the end of February 2025.
The accurate distribution between the state budget revenue categories will take place with the issuance of the final card.
Revenue refunds amounted to EUR 4,373 billion and incorporate the VAT refund of EUR 784.8 million from the Attica Road concession contract, as mentioned above, which is fiscally affected by 2024. If this amount is excluded, tax refunds amounted to EUR 27 and € 27 billion. (EUR 3,315 billion), included in the budget report of 2025.
The revenue of the RIP amounted to EUR 1,923 billion, reduced by EUR 577 million from the target (EUR 2.5 billion), which has been included in the 2025 budget report.
In particular, in June 2025, the total net revenue of the state budget amounted to EUR 5,416 billion, reduced by EUR 1,144 billion against the monthly target, due to non -collection, in June, the price of concession, the Egnatia Motorway and 3 EUR 1,350 billion, as provided.
Tax revenue amounted to EUR 5,342 billion, up EUR 647 million or 13.8% against the target. This increase is estimated to be mainly derived from the income tax of natural persons, because the application for tax returns was put into operation by mid -March.
Revenue refunds amounted to EUR 553 million, reduced by € 76 million from the target (€ 629 million).
The revenue of the June PDP amounted to 197 million euros, reduced by € 423 million from the target (EUR 620 million).
State budget expenditure for the January – June 2025 period amounted to EUR 34.801 billion and are reduced by EUR 1,891 billion against the target (EUR 36,692 billion), included in the 2025 budget report.
In the regular budget, payments are reduced by the target of EUR 1.803 billion, which is mainly due to the duties of transfer payments to OKAs and other general government bodies by EUR 792 million and the cash payments of EUR 510 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 Hypothesis of EUR 594 million
- The transfer of EUR 400 million to cover the cost of providing utility services in the electricity sector (SGI)
- The grant of EUR 290 million to the National Central Authority of Health Supplies (EKAPY)
- Grants to transport bodies (OASA, OAST and OSE) of EUR 158 million
- Grant to Higher Education Institutions of EUR 115 million
Investment expenditure payments amounted to EUR 5,051 billion, reduced by EUR 88 million compared to the target, which has been included in the budget report of 2025. At the same time, they are reduced by the corresponding payments of 2024 by EUR 109 million.