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Wed, Feb

Greece Tax Revenues Miss Target; €109M Surplus

Greece Tax Revenues Miss Target; €109M Surplus

Hellenic Shipping News

Greece opened 2026 posting a primary surplus of €3.5 billion in

Greece opened 2026 posting a primary surplus of €3.5 billion in January, well above the budget target of €1.751 billion, the Finance Ministry said.

The figure also exceeded the €1.98 billion primary surplus recorded in the same month last year, signaling a robust start to the new fiscal year.

However, officials cautioned that the headline result reflects timing shifts in certain payments and revenues, underscoring the distinction between cash-based and fiscal accounting measures.

Greece opened 2026 posting a primary surplus of €3.5 billion in January, well above the budget target of €1.751 billion, the Finance Ministry said.

The figure also exceeded the €1.98 billion primary surplus recorded in the same month last year, signaling a robust start to the new fiscal year.

However, officials cautioned that the headline result reflects timing shifts in certain payments and revenues, underscoring the distinction between cash-based and fiscal accounting measures.

Revenue Near Target

Net state budget revenues reached €6.138 billion in January, €35 million, or 0.6%, above target.

Tax revenues totaled €6.118 billion. That figure includes €306 million linked to the 35-year concession agreement for the Egnatia motorway, a major highway project in northern Greece.

The amount reflects

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