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09/05/2022

Monthly Information, September 2022

According to provisional data, the state budget deficit amounted to EUR -342 million in the first eight months of 2022, while, without taking into account the direct effect of COVID-related measures, there would have been a surplus of EUR 189 million. Revenues increased by 16.7% year-on-year in the first eight months of 2022 and 20.2% […]

07/07/2022

Public Finance and Macroeconomic Developments, July 2022

Public finance position continues to improve gradually on the back of strong revenue growth, coupled with a rapid recovery in economic activity and the withdrawal of support to mitigate the effects of the epidemic, while the rest of public spending is growing markedly. For the time being, heightened macroeconomic risks are mainly reflected in the […]

06/21/2022

Assessment of compliance of the general government budgets with the fiscal rules in 2021

Last year, fiscal trends were again seriously affected by the epidemic. The scope of measures taken to mitigate its impact was again substantial, however, the general government deficit decreased, mainly due to a marked rebound in economic activity and the resulting cyclically driven high revenue growth. Nevertheless, fiscal policy was pro-cyclically expansionary according to the […]

06/07/2022

Monthly Information, June 2022

According to provisional data, the state budget deficit amounted to EUR -22 million in the first five months of 2022, while without taking into account the direct effect of COVID-related measures, there would have been a surplus of EUR 309 million. Revenue in the first five months of 2022 on a year-on-year basis was 17.3% […]

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