News
04/06/2021
Monthly Information, April 2021
According to preliminary data, the state budget deficit in the first three months of 2021 was EUR 1,291 million, which is almost half of the projected deficit for the whole of 2021. Not counting the direct effect of COVID measures, the deficit amounts to EUR 432 million. While a deficit increase in the first quarter is not uncommon, mostly due to […]
04/02/2021
03/30/2021
03/05/2021
Monthly Information, March 2021
According to the preliminary data, the state budget deficit in the first two months of 2021 was EUR 661 million, which is almost a quarter of the projected deficit for the whole of 2021. The deficit would be smaller (EUR −128 million) without considering COVID measures. The monthly cost of COVID measures with a direct effect on the state budget balance was EUR 65 million […]
02/10/2021
Public Finance and Macroeconomic Developments, February 2021
Being undertaken due to the epidemiological crisis, the extensive measures are reflected in the significant increase in general government expenditure, while general government revenue has also seen a substantial decline due to the restrictions imposed on a range of economic activities resulting in a severe economic downturn. The deterioration of public finances is predominantly a […]
02/04/2021
Monthly Information, February 2021
According to provisional data, the state budget deficit amounted to EUR 434 million in January 2021, and without the effect of COVID-related measures the state budget would have had a slight surplus (EUR 36 million). The monthly cost of COVID-related measures with a direct effect on the state budget balance was EUR 472 million in […]
© Fiscal Council 2017 - 2025