ECONOMY

Tax revenues underperformed in the first half

Tax revenues underperformed in the first half

The course of tax revenues in the first half of the year is a cause for concern at the Finance Ministry, as they came in 25 million euros below the target set for the January-June period, according to the latest official data.

Restricted spending improved the budget picture, which showed a primary surplus of 635 million euros against 1.93 billion in the same period last year.

If the Public Investments Program had been executed as planned, the budget would have had a primary deficit.

Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.