of the state budget amounted to 30.203 billion euros, <\/b>exceeding the target set for the corresponding period in the explanatory report of the 2026 Budget by 2.516 billion euros.<\/p>\nHowever, if excluded <\/b>both the VAT <\/b>amounts collected by the State <\/b>under the concession contract for the Egnatia Motorway<\/b>as well as the \u20ac135 million from the second installment of the fee for the concession of a casino <\/b>operating license at Elliniko, regular tax revenues for this period amounted to 27.676 billion euros and were up <\/b>by 258 million euros<\/b> or 0.9% compared to the target.<\/p>\n
More specifically, according to the provisional data<\/b> on the execution of the state budget, on a modified cash basis, for the period January\u2013May 2026, there is a surplus in the state budget balance of 91 million euros compared to the target deficit of 2.176 billion included for the corresponding period of 2026 in the explanatory report of the 2026 Budget and a surplus of 1.875 billion euros for the corresponding period of 2025.<\/p>\n
The primary balance on a modified cash basis stood at a surplus of 3.638 billion euros<\/b>, compared to a target of a primary surplus of \u20ac1.243 billion and a primary surplus of \u20ac5.343 billion for the same period in 2025.<\/p>\n
It should be noted that the primary balance in fiscal <\/b>terms differs from the balance in cash terms. Additionally, the above figures refer to the primary balance of the Central Government and not to the General Government as a whole, which also includes the fiscal results of legal entities and the subsectors of local government and public enterprises.<\/p>\n
The General Accounting Office of the State<\/b> notes that in the revenue figures for January 2026, included the amounts from the transactions required to finalize the Service Concession Agreement for the financing, operation, maintenance, and operation of the Egnatia Odos highway and its three vertical road axes for 35 years, which was ratified by Law 5260\/2025 (A’ 229).<\/p>\n
Specifically<\/b>:<\/p>\n
– an amount of 306 million euros relating to 24% VAT on the transaction price, was paid by the concessionaire to the Greek State, recorded under the \u201cTaxes\u201d category, and accompanied by a tax refund of the same amount.<\/p>\n
– Subsequently, the same amount of 306 million euros was paid again to the Greek State and recorded under the category \u201cSales of goods and services.\u201d<\/p>\n
During the period January\u2013May 2026, revenues from the Public Investment Program (PIP) amounted to \u20ac2.519 billion, an increase of 574 million euros compared to the target included in the explanatory report of the 2026 Budget.<\/p>\n
The exact breakdown among the state budget\u2019s revenue categories will be provided upon the release of the final bulletin.<\/p>\n
Revenue recovery in May<\/b><\/p>\n
Specifically in May, total net state budget revenue amounted to \u20ac5.028 billion, an increase of \u20ac406 million compared to the monthly target.<\/p>\n
Tax revenue amounted to \u20ac5.454 billion, an increase of \u20ac375 million, or 7.4%, compared to the target.<\/p>\n
Revenue refunds amounted to \u20ac834 million, an increase of \u20ac25 million over the target (\u20ac809 million).<\/p>\n
Revenues from the Public Investment Budget (PIB) amounted to \u20ac208 million, an increase of \u20ac113 million compared to the target (\u20ac95 million).<\/p>\n
On the expenditure side, for the period January\u2013May 2026, State Budget expenditures amounted to \u20ac30.112 billion, an increase of \u20ac249 million compared to the target (\u20ac29.863 billion) included in the explanatory report of the 2026 Budget. Furthermore, they are \u20ac3.018 billion higher than in the corresponding period of 2025.<\/p>\n
In the Regular Budget section, payments are \u20ac722 million higher than the target.<\/p>\n
The following transfers are noteworthy:<\/b><\/p>\n
\u2022 The grant to the National Organization for the Provision of Health Services amounting to 825 million euros.<\/p>\n
\u2022 The grant to the Social Security Welfare Benefits Agency amounting to 1.159 billion euros.<\/p>\n
\u2022 A grant of \u20ac915 million to the National Central Health Procurement Authority (EKAPY) for the procurement of pharmaceuticals, health products, and services on behalf of public hospitals.<\/p>\n
\u2022 Transfers to hospitals and Primary Health Care totaling 520 million euros.<\/p>\n
\u2022 Subsidies to public transportation agencies (OASA, OASTH, and OSE) amounting to \u20ac169 million.<\/p>\n
\u2022 The subsidy to the Information Society amounting to \u20ac131 million for the payment of the FUEL PASS.<\/p>\n
Payments <\/b>under the investment expenditure <\/b>category amounted to 4.185 billion euros, a decrease of \u20ac473 million compared to the target included in the explanatory report of the 2026 Budget. However, they are \u20ac456 million higher than the corresponding payments in 2025.<\/p>\n
It should also be noted that in the month of May <\/b>expenditures were incurred for the Greek State\u2019s participation <\/b>in the share capital increases of PPC SA and DES ADMIE SA, amounting to 1.289 billion euros <\/b>and \u20ac259 million, respectively, which, however, constitute financial transactions and are therefore budget-neutral.<\/p>\n","protected":false},"excerpt":{"rendered":"
The primary surplus of the state budget is reported to be more than \u20ac2.4 billion above the target for the first five months.
\nAccording to the …<\/p>\n","protected":false},"author":1,"featured_media":10775,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[],"class_list":["post-10774","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy"],"acf":[],"_links":{"self":[{"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/posts\/10774","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10774"}],"version-history":[{"count":0,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/posts\/10774\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/media\/10775"}],"wp:attachment":[{"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10774"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10774"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10774"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}