Surplus of EUR 2,160 million shows the balance of the State budget For the period of January – August 2025, in accordance with the provisional data of the state budget, on a modified cash base, against the target for a deficit of EUR 1,381 million included for the corresponding period of 2025 in the budget report of 2025 and a surplus of EUR 1,044 million. A cash base stood at a surplus of EUR 8,696 million, against a target for a primary surplus of EUR 4,929 million and a primary surplus of € 7,567 million for the same period in 2024.

EUR 1,895 million relating to regular budget transfer payments and EUR 682 million concerning the decentralization of equipment payments of 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 848 million.

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 – August 2025, the amount of net revenue of the state budget amounted to EUR 48,459 million, showing an increase of EUR 185 million or 0.4% against the target included for the corresponding period in the budget report of 2025. Services »), as well as 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 financially neutral.

The increase in net revenue against the target is observed, although the proceedings were included in the June of € 1,350 million in the month of the proceedings of the Services Concession for the Funding, Operation, Maintenance and Operation of the Egnatia Motorway and 39 March 2024, between the Greek State and the HRIP (now ESSYP) and 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 1,535 million or 3.3% against the target, mainly due to increased tax revenue.

Pre -tax revenue amounted to EUR 46,596 million, increased by EUR 2,119 million or 4.8% against the target. This over -execution comes from the best return on the recovery of taxes of this year, as well as the best yield on the previous year’s income taxes, which were collected in installments until February 2025.

Revenue refunds amounted to EUR 6,181 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 that amount is excluded, tax refunds amounted to EUR 5.396 million. (EUR 4,711 million), included in the budget report of 2025.

Taking into account the above, net tax revenue after refunds in January – August 2025 are increased by EUR 1,434 million against the budget objectives. As mentioned above, an amount of EUR 342 million in the first two months is fiscalized in the year 2024.

The revenue of the RIP amounted to EUR 2,692 million, reduced by EUR 393 million from the target (EUR 3,085 million), included in the budget report of 2025.

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

In particular, in August 2025, the total net revenue of the state budget amounted to EUR 5,605 million, reduced by EUR 633 million against the monthly target, mainly due to increased tax refunds – from the clearance of tax returns – which had been budgeted for the following month.

Tax revenue amounted to EUR 6,163 million, reduced by EUR 32 million or 0.5% against the target. It is noted that part of the income tax was proceeded in the past months, because the application for the submission of tax returns was put into operation in mid -March.

Revenue refunds amounted to EUR 1,135 million, increased by € 433 million from the target (€ 702 million).

The revenue of the RIP amounted to EUR 340 million, reduced by € 190 million from the target (€ 530 million).

State budget expenditure for the January – August 2025 period amounted to EUR 46,299 million and are reduced by EUR 3,356 million against the target (EUR 49,655 million), which has been included in the budget report of 2025.

In the regular budget, payments are reduced by the target by EUR 3,250 million, mainly due to the delayed transfer payments to OKAs and other general government bodies by EUR 1,895 million and the cash payments of the equipment programs by EUR 682 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 YPDs of EUR 897 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 the transport bodies (OASA, OASTH and OSE) of EUR 251 million and
  • The grant to higher education institutions of EUR 145 million.

Investment expenditure payments amounted to EUR 7,040 million, down by EUR 106 million compared to the target, which has been included in the 2025 budget report. At the same time, they are increased compared to the corresponding payments of 2024 by EUR 491 million.