EUR 7.93 billion amounted to the primary surplus of the state budget, on a modified cash base in the seven months of the year, with taxpayers increased by € 2.15 billion or 5.6% against the target adding more than € 40 billion to state funds.

According to the execution data of the state budget, on a modified cash base, for the period of January – July 2025, it is presented Surplus in the state budget balance of EUR 2,168 million against the target for a deficit of EUR 1,961 million included for the corresponding period of 2025 in the budget report of 2025 and a deficit of EUR 139 million in 2024.

The primary effect on a modified cash base was shaped to surplus of 7,939 million eurosagainst a target for a primary surplus of EUR 3,599 million and a primary surplus of EUR 5,665 million for the same period in 2024.

It is noted that EUR 2.208 million relating to the delayed transfer payments of the regular budget and an amount of EUR 605 million concerning the decentralization of equipment payments of the 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 1,183 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.

More specifically, In the period January – July 2025the height of the net revenue of the state budget was amounted to 42.853 million eurosshowing an increase of EUR 817 million or 1.9% against the target included for the corresponding period in the budget report of 2025. It is noted that this amount contains both in the revenue (in the “sales of goods and services”), as well as on tax refunds (VAT), the amount of EUR 784.8 million from the month. 2025 for the completion of the new Attica Odos Concession Convention, which relate to the year 2024 and are financially neutral.

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 2,167 million or 5.3% 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. The income revenue ‘Taxes’ They amounted to EUR 40,434 million, increased by EUR 2,150 million or 5.6% against the target. This over -execution comes from the best return on the recovery of taxes of this year, as well as from the better return of income taxes of the previous year, collected in installments by the end of February 2025.

In particular for the main taxes of this category are observed:

  • VAT revenue amounted to € 15,704 million and is increased by the target of EUR 357 million.
  • The revenue of the EFSC amounted to EUR 4,158 million and is increased by the target of EUR 87 million.
  • Revenue revenue of real estate tax amounted to € 1,870 million and increased by the target of € 90 million.
  • Income tax revenues amounted to EUR 14,928 million and is increased by the target of EUR 1,316 million, of which: the income tax of natural persons is increased by EUR 907 million, the income tax of legal entities increased by EUR 59 million and the other taxes increased by € 350 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. The income revenue ‘Social contributions’ They amounted to 35m euros, according to the target.

Iii. The income revenue ‘Transfers’ They amounted to EUR 4,120 million, increased by EUR 149 million against the target included in the budget report of 2025. EUR 1,346 million was earned by the Recovery and Ruage Fund in accordance with the target, while EUR 2,200 million relates to EUR 205 million revenue, which is reduced by 205 million euros.

Iv. The income revenue ‘Sales of goods and services’ They amounted to EUR 1,667 million and includes EUR 784.8 million from the new Attica Road concession contract, while targeting € 1,350 million from the Egnatia Road, as mentioned above. Excluding the above amounts, the revenue of the major “sales of goods and services” amount to € 882 million, up EUR 270 million against the target.

V. the income revenue ‘Other running revenue’ They amounted to EUR 1,642 million, reduced by EUR 132 million against the target included in the budget report of 2025. From the above amount of EUR 1,642 million, EUR 151 million relates to EUR 2 million revenue, which is increased by EUR 2 million against the target.

Revenue returns amounted to 5,045 million euros and incorporate the VAT refund of EUR 784.8 million from the new Attica Odos concession contract, as mentioned above, which is fiscaling the year 2024. If the amount is excluded, tax refunds amounted to EUR 4,260 million and increased by EUR 252 million (EUR 4,00 million), which has € 4,008 million (€ 4,008 million). Budget 2025.

The total revenue of the RIP amounted to EUR 2,352 millionreduced by EUR 203 million from the target (EUR 2,555 million), included in the budget report of 2025.

In particular, In July 2025 The total net revenue of the state budget amounted to EUR 8,472 million increased by EUR 333 million against the monthly target.

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

I. The income revenue ‘Taxes’ They amounted to EUR 8,226 million, reduced by EUR 85 million or 1.0% against the target.

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

  • VAT revenue amounted to EUR 2,818 million and increased by the target of € 41 million.
  • The revenue of the EFSC amounted to EUR 727 million and is reduced by the target of EUR 6 million.
  • Revenue revenue of real estate taxes amounted to € 172 million and is reduced by the target of € 30 million.
  • Income tax revenue amounted to EUR 3,847 million and is reduced by the target of EUR 91 million, of which: (a) the income tax of natural persons is reduced by EUR 188 million against the target, which is due to the increased recovery of the FEPF in previous months, due to their earnings. Tax returns, (b) Legal income tax is increased by EUR 16 million and (c) Other income taxes increased by EUR 81 million.

Ii. The income revenue ‘Social contributions’ They amounted to 5m euros, according to the target.

Iii. The income revenue ‘Transfers’ They amounted to EUR 548 million, up EUR 471 million against the target included in the budget report of EUR 2025. EUR 400 million relates to RIP revenue, which is increased by EUR 357 million against the target.

Iv. The income revenue ‘Sales of goods and services’ They amounted to EUR 126 million, reduced by EUR 8 million against the monthly target.

V. the income revenue ‘Other running revenue’ It amounted to EUR 240 million, reduced by EUR 66 million against the target included in the budget report of 2025. From the above collection of EUR 240 million, EUR 29 million relates to EUR 29 million, which is increased by EUR 17 million against the target.

Revenue refunds amounted to 673m eurosreduced by 20 million euros from the target (EUR 693 million).

The total revenue of the RIP amounted to 429m eurosincreased by EUR 374 million from the target (EUR 55 million).

The expenditure of the state budget for the period of January – July 2025 amounted to EUR 40,685 million and is reduced by EUR 3,311 million against the target (EUR 43,997 million), which has been included in the EUR 2025 report report.

In the regular budget, payments are reduced by the target by EUR 3,277 million, mainly due to the delayed transfer payments to OKAs and other general government bodies by EUR 2,208 million and the cash payments of the equipment programs by EUR 605 million. It should be noted that the aforementioned amounts do not affect the outcome of the general government in budgetary terms.

Noteworthy transfers are as follows:

  • Transfers to Hospitals and the YPDs of EUR 726 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 transport bodies (OASA, OASTH and OSE) of EUR 208 million and
  • The grant to higher education institutions of EUR 115 million.

Investment expenditure payments amounted to EUR 6,131 millionreduced by EUR 34 million compared to the target, which has been included in the budget report of 2025. At the same time, they are increased compared to the corresponding payments of 2024 by EUR 32 million.