Primary surplus of 4.5 billion euros versus target of 616 million euros was recorded by budget the first quarter of the year

Tax revenue was over 1.8 billion euros.

In detail, according to the temporary execution data of the state budget, on a modified cash base, for the period of January – March 2025, a surplus is presented in the state budget balance of EUR 1,605 million against the target for a deficit of EUR 2,364 million and € 205 million. A deficit of EUR 44 million in 2024.

The primary outcome on a modified cash base stood at a surplus of EUR 4,493 million, against a target for a primary surplus of EUR 616 million and a primary surplus of EUR 2,987 million for the same period in 2024. It is noted that EUR 1,423 million relating to deprivation of payments of € 696 million. A deception of investment costs do not affect the outcome of the general government on budgetary terms.

In addition, from the Tax Revenue amounting of EUR 890 million of the first installment of ENFIA received in March, it was foreseen that it would be collected in April, while an amount of EUR 342 million in January-February is fiscalized in the year 2024. Excluding the above amounts, exceeding the primary outcome of a modified cash base.

It is noted that this amount also includes a part of part of the income tax provided to be collected in the coming months, as 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 – March 2025, the net revenue of the state budget amounted to EUR 17,691 million, increasing an increase of EUR 1,816 million or 11.44 % against the target included for the corresponding period in the budget report of the budget 2025.

It is noted that this amount contains: (a) the first installment of ENFIA originally provided for in April, estimated EUR 890 million and (b) both in the revenue (in the “Sales of goods and Services”), as well as tax refunds (VAT), the amount of EUR 784.8. Completion of the new Attica Road concession contract, which relate to the year 2024 and are fiscal neutral.

Tax revenue amounted to EUR 16,896 million, increased by EUR 1,830 million or 12.1% against the target mainly due to: (a) Collection in March of the first installment of ENFIA, which was foreseen to be collected in April, as mentioned above and b) the best time reported by the taxpayer, as mentioned above. etc.) and the best performance of income taxes of the previous year received in installments by the end of February 2025.

It is noted that most of the two months of January – February two months of tax revenue affects budgetary terms in 2024.

Consequently, excluding a January-February tax revenue amount in the year 2024, as well as an amount of EUR 890 million of the first installment of ENFIA, which was foreseen to be collected in April 20, 20 The budget objectives are estimated at € 598 million.

This amount also includes a possible collection of part of the income tax provided to be collected in the coming months, as the application for the submission of tax returns was put into operation in mid -March.

The accurate distribution between the state budget revenue categories will take place with the issuance of the final card.

Revenue refunds amounted to EUR 2,414 million and incorporate the VAT refund of EUR 784.8 million from the new Attica Odos concession contract, as mentioned above, which financially affects the year 2024. If that amount is excluded, tax refunds amounted to EUR 103 million and € 103 million. (EUR 1,732 million), included in the budget report of 2025.

Revenue of (RIP) amounted to EUR 1,320 million, reduced by EUR 315 million from the target (EUR 1,635 million), included in the budget report of 2025.

In particular, in March 2025, the total net revenue of the state budget amounted to EUR 5,948 million, increased by EUR 1,646 million against the monthly target.

Tax revenue amounted to EUR 5,016 million, increased by EUR 1,324 million or 35.8% against the target. This increase is mainly due to the collection of the first installment of ENFIA initially projected to be collected in April, estimated EUR 890 million.

Revenue refunds amounted to EUR 555 million, up by € 66 million from the target (€ 490 million).

The total revenue of (RIP) amounted to EUR 1,131 million, increased by EUR 291 million from the target (EUR 840 million).

State budget expenditure for the January -March 2025 period amounted to EUR 16,086 million and are reduced by EUR 2,152 million against the target (EUR 18,238 million), which has been included in the € 2025 budget report.

In the regular budget, payments are reduced by the target of EUR 1,456 million, mainly due to the delayed transfer payments to OKA and the cash payments of equipment programs by EUR 978 and EUR 445 million respectively. It is noted that the above amounts do not affect the outcome of the General Government on budgetary terms.

Remarkable payments are transfers to hospitals and the Ministry of Education of EUR 455 million, as well as 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.

Investment expenditure payments amounted to EUR 1,791 million, down by EUR 696 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 1,021 million.