Greece's state budget surplus in the first quarter of 2026 came in more than double its initial target, according to data published by the Ministry of National Economy and Finance.
The primary surplus reached €5.175 billion, against a forecast of €2.298 billion. In the same period of 2025, the figure stood at €5.148 billion.
The ministry said the headline result was inflated by a series of one-off and time-shifted entries, including advance payments for armaments and investment programmes, transfers to general government bodies, and revenues from the Recovery Fund and the Public Investment Programme.
Stripping those out, the underlying overshoot is estimated at €358m.
On the revenue side, the result was boosted by the early arrival of the seventh Recovery Fund tranche — worth €884m and originally scheduled for June — as well as €461m in additional revenues from the European Investment Fund.
