According to the execution of the state budget, on a modified cash base, for the period of January – May 2025, a surplus is presented in the state budget balance of EUR 1,875 million against the target of a deficit of EUR 2,475 million included for the equivalent of 2025 and 2025. millions of euros in the corresponding period of 2024.

The primary outcome on a modified cash base stood at a surplus of EUR 5,343 million, against a target for a primary surplus of EUR 1,055 million and a primary surplus of EUR 3,197 million for the same period in 2024.

It is noted that EUR 1,993 million relating to regular budget payments and EUR 499 million for investment spending does not affect the outcome of the General Government on budgetary terms. In addition, an amount of EUR 342 million in the first two months of tax revenue is budget in the year 2024.

Excluding the above amounts, exceeding the primary outcome on a modified cash base against budget objectives is estimated at € 1,454 million. It is noted that this five -month amount also includes a part of part of the EUR 665 million estimated income tax, which had been projected to be collected in the coming months, because the application for 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.

In January – May 2025, the net revenue of the state budget amounted to EUR 28,969 million, increasing an increase of EUR 1,632 million or 6% 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.

Revenue of the major categories of state budget

Revenue of the “taxes” amounted to EUR 26,954 million, up EUR 1,677 million or 6.6% against the target mainly due to: (a) part of the income tax of natural persons estimated at EUR 665 million, which was foreseen to be collected for the next few months by the application for the next few months. of tax returns as mentioned above and (b) the best performance in the recovery of this year’s taxes (VAT, EFK, etc.) and the better income tax 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 10,995 million and increased by the target of € 271 million.
• The revenue of the EFSC amounted to EUR 2,789 million and increased by the target of € 58 million.
• Revenue revenue of real estate tax amounted to EUR 1,530 million and increased by the target of € 139 million.
• Income tax revenue amounted to EUR 9,167 million and is increased by the target of EUR 967 million, of which: the income tax of natural persons is increased by EUR 817 million, the other income taxes increased by EUR 221 million, while the income tax of € 70 million by € 70 million. payment of the monthly installments of the previous financial year.

Proceeds from the “Social contributions” amounted to 25m euros, according to the target.

Revenue in the “Transfers” category amounted to EUR 3,281 million, down by EUR 2 million against the target included in the budget report of 2025.

EUR 1,346 million was collected by the recovery and resilience fund in accordance with the target, while EUR 1,608 million relates to RIP revenue, which is reduced by EUR 151 million against the target.

Revenue in the “Sales of Goods and Services” category amounted to € 1,450 million and includes € 784.8 million, as mentioned above. Excluding this amount, the revenue of the major “sales of goods and services” amounted to € 665 million, up € 247 million against the target.

Revenue in the category “Other Current Revenue” amounted to EUR 1,079 million, up EUR 78 million against the target included in the budget report of 2025. From the above € 1,079 million, € 117 million relates to EUR 3 million.

Revenue refunds amounted to EUR 3,819 million 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 34 million and € 34 million. (EUR 2,686 million), included in the budget report of 2025.

The total revenue of the RIP amounted to EUR 1,725 ​​million, reduced by EUR 154 million from the target (EUR 1,880 million), included in the budget report of 2025.

In particular, in May 2025, the total net revenue of the state budget amounted to EUR 5,909 million, increased by EUR 1,403 million against the monthly target, mainly due to the collection in May of the Thursday of the Thursday from the Recovery Fund and resilience, € 1,346 million. April.

Revenue of the major categories of state budget

Revenue of the “taxes” amounted to EUR 4,945 million, up EUR 316 million or 6.8% against the target. This increase mainly comes from the income tax of natural persons, 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 2,117 million and is reduced by the target of € 5 million.
  • The revenue of the EFSC amounted to EUR 600 million and is reduced by the target of EUR 3 million.
  • Revenue revenue of real estate tax amounted to EUR 191 million and is reduced by the target by € 54 million.
  • Income tax revenue amounted to EUR 1,569 million and increased by the target of EUR 312 million, mainly due to increased income tax revenue by € 227 million, due to the earlier activation of the application for tax returns.

Proceeds from the “social contributions” category amounted to 5m euros, according to the target.

Revenue in the “Transfers” category amounted to EUR 1,461 million, up EUR 1,336 million against the target included in the budget report of 2025, due to the fifth installment of the TAA of EUR 1,346 million, which was foreseen in April. EUR 95 million relates to RIP revenue, which is reduced by EUR 8 million against the target.

The total revenue of the “Sales of Goods and Services” amounted to € 98 million, up € 25m against the target.

Revenue in the “Other Current Revenue” category amounted to EUR 179 million, up EUR 27 million against the target included in the budget report of 2025. From the above collection of EUR 179 million, EUR 9 million is reduced by EUR 3 million.

Revenue refunds amounted to EUR 778 million, up by € 301 million from the target (EUR 478 million).

The total revenue of the RIP of May amounted to EUR 104 million, reduced by € 11 million from the target (€ 115 million).

State budget expenditure for the period of January – May 2025 amounted to EUR 27,094 million and are reduced by EUR 2,718 million against the target (EUR 29,812 million), which has been included in the budget report of 2025.

In the regular budget, payments are reduced by the target by EUR 2,218 million, mainly due to the delayed transfer payments to OKA and other general government bodies by EUR 1,539 million and the cash payments of the equipment programs by EUR 455 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 Red EUR 588 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 290 million to the National Central Authority of Health Supplies (EKAPY) for the supply of pharmaceuticals, products and health services, on behalf of public hospitals,
  • Grants to the transport bodies (OASA, OASTH and OSE) of EUR 124 million and
  • The grant to higher education institutions of EUR 113 million.

Investment expenditure payments amounted to EUR 3,729 million, reduced by EUR 499 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 685 million.