Budget tax revenues in July were up by 4.2 billion or 16.3% compared to the target, according to the official final data released by the Ministry of Finance.
It is worth noting that this overperformance is due to: the extension of the deadline for the payment of traffic fees until the end of February 2022, the better performance of the previous year’s taxes collected in installments until the end of February 2022, the better performance in the collection of the taxes for this year, as well as the collection of the first three installments of ENFIA property tax during the months of May, June and July, while it was predicted that they would be collected in the months of September, October and November respectively.
At the same time, revenue from the Energy Product Tax is down by €196 million, a sign of falling consumption as citizens appear to have cut back on fuel.
Primary deficit
According to the state budget execution data, on a modified cash basis, for the period January – July 2022, there is a deficit in the state budget balance amounting to 4,585 million euros against a target for a deficit of 9,180 million euros that has been included for the corresponding period of 2022 in the introductory report of the 2022 Budget and a deficit of 12,515 million euros in the corresponding period of 2021. The primary result was a deficit of 1,161 million euros, against a target of a primary deficit of 5,808 million euros and a primary deficit of 9,063 million euros for the same period in 2021.
The amount of state budget net revenues amounted to 33,703 million euros, showing an increase of 4,803 million euros or 16.6% compared to the estimate for the corresponding period included in the introductory report of the 2022 Budget, despite the reduced revenues of the Public Investment Program. The increased tax revenue of the seven months was further strengthened during the month of July: (a) by the collection of €644 million from ANFA’s, which was not foreseen in the 2022 Budget and (b) by the €636 million exceeding forecasts for payment for the refundable deposit.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Foreign-Owned Businesses in Greece Thrive in Trade and Services
Despite government efforts to attract foreign investment, only 0.6% of all businesses across Greece are foreign-owned.
41st Athens Marathon- Traffic Regulations in Athens from Thursday to Sunday
Traffic regulations will be implemented gradually, starting from Thursday, as part of the 41st Athens Marathon.
Greek Households Most Pessimistic in Europe: IOBE Report
Over six in ten (65%) of households said that their financial situation worsened over the past year
JP Morgan Remains ‘Bullish’ on Greek Banks
JP Morgan reiterated its analysis of DTCs, prompted by Piraeus Bank’s plan to accelerate their amortization
Source of Wealth Declarations for Greek Public Officials Made Easier
Source of wealth declarations are designed to improve transparency and prevent corruption among Greece's public officials. Yet 98% of Greeks still believe corruption is widespread in the country, according to Eurobarometer.
Greece’s Labor Market Slack Among Highest in EU
Greece ranks 4th in EU for labor market slack, mostly due to high unemployment levels, and has widest gender gap in the EU.
Livestock Crisis Threatens Greek Feta
Feta in particular, is Greece’s primary dairy export, with 65% of production going abroad.
Moldova’s Sandu Wins Second Term amid Meddling Claims
According to the Central Election Commission, with 98% of votes counted, Maia Sandu led with 54.35% to Alexandr Stoianoglo’s 45.65%
Attica Wins ‘Best Greek Hospitality Region’ at 2024 Awards
The Greek Hospitality Awards, now in their tenth year, are one of the premier tourism industry events at the European level
Greece Takes Command of EU’s Operation ASPIDES in Red Sea
The defense minister also visited the Greek frigate Spetsai, which is participating in Operation ASPIDES, while in the port of Djibouti
![Ξενοδοχεία Αθήνας – Αττικής: Μείωση πληρότητας για πέμπτο συνεχόμενο μήνα [γραφήματα]](https://www.ot.gr/wp-content/uploads/2024/03/hotel-1-90x90.jpg)
