State Budget Surplus Exceeds Targets in 2024
The Greek state budget achieved a primary surplus of €8.7 billion in 2024, significantly surpassing the target of €4.635 billion and the €3.92 billion surplus recorded in 2023, according to final data from the finance ministry, CE Report quotes Athens-Macedonian
On a modified cash basis, the state budget balance showed a surplus of €369 million for January-December 2024, compared to a projected deficit of €3.6 billion and a €3.76 billion deficit in the same period in 2023.
This better-than-expected performance was attributed to an increase in cash revenue from the Public Investments Programme by €612 million and the deferral of certain military procurement payments to 2025.
