A primary surplus of €12,011 million is shown in the final budget execution data for the January-November period, against a target of a primary surplus of €9,912 million and a primary surplus of €5,826 million for the same period in 2023.

The difference with respect to the target mainly stems on the one hand from the receipt of an amount of €206 million in October 2024 from the extraordinary levy on electricity suppliers, which is planned to be allocated through the Ministry of Environment and Energy, and on the other hand from the deferral of expenditures of the armament programs and transfers to the OCA of €432 and 788 million, respectively, which do not affect the outcome in fiscal terms. It is noted that tax revenues are close to the budget targets (difference of EUR 4 million).

According to the state budget execution data, on an amended cash basis, for the period January-November 2024, the state budget balance shows a surplus of €4,375 million, compared to the target of a surplus of €2,293 million included for the corresponding period of 2024 in the 2025 Budget Report and a deficit of €1,032 million in the corresponding period of 2023.

It should be noted that the primary outcome in budgetary terms differs from the outcome in cash terms. In addition, the above refers to the primary result of the Central Administration and not to the general government as a whole, which includes the fiscal results of the legal entities and the sub-sectors of OTAs and OKAs.

In the period January–November 2024, the amount of net revenues of the State Budget amounted to EUR 66,721 million, showing an increase of EUR 303 million, or 0.46%, compared to the target included for the corresponding period in the 2025 Budget's explanatory report, mainly due to the collection of EUR 206 million in October 2024 from the extraordinary levy on electricity suppliers, which was not foreseen.