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[BUSINESS] · Greece · 2 sources

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Greece reports 49.5 billion euros in tax revenue

The Greek state has collected 49.5 billion euros in tax revenue over an eight-month period, exceeding government targets by 1.4 billion euros. This total includes 441 million euros from the Egnatia Odos concession and the Elliniko casino license. The primary budget surplus has reached 6.5 billion euros.

Despite the increase in state revenue, household finances face pressure from rising costs. Gasoline prices have reached approximately 2.16 euros per liter, while diesel stands at 2.14 euros per liter. Heating oil prices are also projected to rise significantly compared to the previous year. The Bank of Greece estimates annual inflation at 3.5%.

While economic growth has contributed to the revenue surplus, the state also collects increased VAT and special consumption taxes as fuel prices rise. Additionally, nominal wage increases may lead to higher income tax burdens, potentially offsetting gains in purchasing power.