Greece’s state budget recorded a primary surplus of €4.49 billion in the January-June period, exceeding the target by €2.53 billion, driven mainly by stronger-than-expected tax revenues from value-added tax, property taxes and direct income taxes.
In June alone, tax revenues amounted to €5.79 billion, significantly surpassing the monthly target. According to the final budget execution figures released by the Ministry of Finance for the first half of the year, tax revenues totaled €33.38 billion (excluding the one-off proceeds from Egnatia Odos and the Elliniko casino), exceeding the target by €584 million, or 1.8%.
