According to the execution of the state budget, on a modified cash basis, for the January – June 2025, a deficit of the state budget of EUR 564 million is presented against the target of a deficit of EUR 2,795 million included for the equivalent period of 205 and 2025. millions of euros in the corresponding period of 2024.

The primary result on a modified cash base stood at a surplus of EUR 4,519 million, against a target for a primary surplus of EUR 2,235 million and a primary surplus of € 2,905 million 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 433 million concerning the detention of the 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 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 EUR 717 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 34,381 million, increasing an increase of EUR 484 million or 1.4% against the target included for the corresponding period in the budget report of the budget 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 reporting report, the recovery of € 1,350 million 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. Except for the above amount, net revenue increases by EUR 1,834 million or 5.6% against the target, mainly due to increased tax revenue and despite the collection of reduced revenue from the RIP.

In particular, the revenue of the major categories of the state budget are as follows:

Revenue in the “taxes” category amounted to EUR 32,208 million, increased by EUR 2,236 million or 7.5% against the target, mainly due to:

(a) The collection of part of the income tax of 944 million euros, which had been projected to be collected by the end of July, because the application for the submission of tax returns was put into operation in mid -March as mentioned in March.

(b) Better yield on this year’s tax collection (VAT, EFK, etc.) and the best yield of the previous year’s income taxes until the end of February 2025.

Specifically for the main taxes in this category, the following are observed:

  • VAT revenue amounted to EUR 12,886 million and increased by the target of EUR 316 million.
  • The revenue of the EFSC amounted to EUR 3,432 million and increased by the target of EUR 93 million.
  • Revenue revenue of real estate tax amounted to € 1,697 million and increased by the target by € 120 million.
  • Income tax revenues amounted to EUR 11,081 million and is increased by the target of EUR 1,406 million, of which: the income tax of natural persons is increased by EUR 1,095 million, mainly due to the earlier activation of the tax application for tax returns, the tax on tax returns, Income increased by EUR 269 million against the target.

Ii. Proceeds from the “social contributions” amounted to € 30m, according to the target.

Iii. Revenue in the “Transfers” category amounted to EUR 3,572 million, reduced by EUR 322 million against the target included in the budget report of 2025. EUR 1,346 million was collected by the Recovery Fund and Rules of EUR 56 million. against the goal.

Iv. Revenue in the “Sales of Goods and Services” category amounted to EUR 1,541 million and includes EUR 784.8 million from the Attica Odos concession contract, while targeting € 1,350 million from the price for the exploitation of Egnatia Road. Excluding the above amounts, the revenue of the major “sales of goods and services” amount to € 756 million, up EUR 278 million against the target.

V. Revenue in the “Other Current Revenue” category amounted to EUR 1,402 million, reduced by EUR 66 million compared to the target included in the budget report of 2025. From the above amount of EUR 1,402 million, EUR 123 million relates to EUR 153 million.

Revenue refunds amounted to EUR 4,373 million and incorporate the VAT refund of EUR 784.8 million from the Attica Odos Concession Agreement, as mentioned above, which fiscalities affects the year 2024. If this amount is excluded, tax refunds amounted to EUR 27 million. (EUR 3,315 million), included in the budget report of 2025.

The total revenue of the RIP amounted to EUR 1,923 million, reduced by EUR 577 million from the target (EUR 2,500 million), included in the budget report of 2025.

In particular, in June 2025, the total net revenue of the state budget amounted to EUR 5,413 million, reduced by EUR 1,148 million against the monthly target, as the proceedings were included in the time of the month of June, the price of the concession of the 3rd. Its vertical road axes of EUR 1,350 million, as mentioned above.

In particular, the revenue of the major categories of the state budget are as follows:

Revenue of the “taxes” amounted to EUR 5,254 million, up EUR 559 million or 11.9% against the target.

Specifically for the main taxes in this category, the following are observed:

  • VAT revenue amounted to € 1,891 million and is increased by the target of € 45 million.
  • The revenue of the EFSC amounted to EUR 642 million and is increased by the target of EUR 35 million.
  • Revenue revenue of real estate tax amounted to EUR 167 million and is reduced by the target of EUR 19 million.
  • Income tax revenue amounted to EUR 1,914 million and increased by the target of EUR 439 million, of which the income tax of natural persons is increased by EUR 278 million, due to the earlier activation of the application for tax returns, as the taxpayer was increased by € 113 million.

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

Revenue in the “Transfers” category amounted to EUR 291 million, reduced by EUR 320 million against the target included in the budget report of 2025. EUR 192 million relates to RIP revenue, which is reduced by EUR 411 million against the target.

Revenue in the “Sales of Goods and Services” category amounted to EUR 92 million, down by € 1,319 million against the monthly target, as the June target was € 1,350 million, as mentioned above.

Revenue in the “Other Current Revenue” category amounted to EUR 323 million, reduced by EUR 143 million compared to the target included in the budget report of 2025. From the above collection of EUR 323 million, EUR 5 million is reduced by EUR 12 million.

Revenue refunds amounted to EUR 553 million, reduced by € 76 million from the target (€ 629 million).

June total revenue of the June 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 34,945 million and are reduced by EUR 1,746 million against the target (EUR 36,692 million), which has been included in the budget report of 2025.

In the regular budget, payments are reduced by the target of EUR 1,659 million, which is mainly due to the delay of transfer payments to OKAs and other general government bodies by EUR 792 million and the cash payments of the equipment programs by EUR 433 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 YPE-PEDIs of EUR 594 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, OAST and OSE) of EUR 158 million and
  • The grant to higher education institutions of EUR 115 million.

Investment expenditure payments amounted to EUR 5,051 million, 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.