According to the data of the Ministry of Finance, the primary balance was € 364,98 million. The primary balance sheet and the budget surplus in the corresponding period of 2014 were € 151,2 million and € 507,2 respectively.
2,22% down revenue
Public revenues in the period January-August 2015 amounted to € 4,17 billion, showing a decrease of 2,22% compared to € 4,27 billion in the corresponding period of 2014.
Current revenues decreased by 1,46% and amounted to € 4,12 billion compared to € 4,18 billion in the period January - August 2014. Tax revenues in the period January - August 2015 increased by 0,41% and amounted to € 3,57 billion compared to € 3,55 billion.
Revenues from income tax in the eight months of 2015 increased by 4,41% and amounted to € 728,5 million compared to € 699,7 million in the corresponding period of 2014. On the contrary, a decrease of 13,17% was recorded by other indirect taxes , which fell to € 591 from the period January - August 2015 compared to € 680,6 from the corresponding period of 2014.
Indirect taxes amounted to € 1,60 billion, showing an increase of 2,98% compared to € 1,55 billion in the period January - August 2014, in contrast to import duties, which decreased by 32% and were reduced to € 20,58 , 30,22 million compared to € XNUMX million.
Revenues from the category of other indirect taxes increased by 3,67%, which amounted to € 1,58 billion compared to € 1,52 billion in the corresponding period of 2014.
Excise duties in the period January - August of this year amounted to € 414,45 million, showing an increase of 0,53% compared to € 412,4 million in the corresponding period of 2014.
VAT revenues accelerated by 2,69% in the eight months of 2015 and amounted to € 932,2 million compared to € 907,8 in the eight months of 2014. Finally, the category of other taxes increased by 14,38% and amounted to € 233,7 million compared to € 204,35 million in the eight months of 2014.
The contributions to the Social Insurance Funds amounted to € 651,6 million, increased by 4,71% compared to € 622,3 million in the eight months of 2014.
However, a decrease of 12,1% was presented by non-tax revenues, which fell to € 551,7 million compared to € 627,6 in the corresponding period of 2014. A decrease of 40,8% was presented by the income from sponsorships, which in the eight months of 2015 fell to € 48,7 million compared to € 82,4 million in the eight months of 2014.
1,09% increase in expenses
In the period January - August of this year, public expenditures amounted to € 4,16 billion, showing an increase of 1,09% compared to € 4,11 billion in the corresponding period of 2014, with current expenditures increasing in the eight months of 2015 by 1,08% to € 4,04 billion compared to € 4,00 billion in the eight months of 2014.
Expenditures on salaries and wages fell by 1,94% and amounted to € 1,04 billion compared to € 1,06 billion in the corresponding period of 2014. Expenditures on purchases of goods and services decreased by 1,16%. which fell to € 229,67 million compared to € 232,36 million.
Expenditures for subsidies in the eight months of 2015 increased by 2.40% and amounted to € 53,47 million compared to € 52,22 million in the corresponding period of 2014.
Expenditures for public debt servicing decreased by 0,75%, which in the eight months of 2015 fell to € 353,37 million compared to € 356,05 million.
Payments to Social Security Funds decreased in the period January - August by 3,71% to € 961,43 million compared to € 998,5 in the eight months of 2014. On the contrary, expenses and pensions for gratuities increased by 3,57 % and amounted to € 379,26 million compared to € 366,19 million in the eight months of 2014.
Expenditures for social pension showed a slight increase of 0,44%, amounting to € 41,63 million compared to € 41,45 million in the eight months of 2014.
Current transfers, which include social benefits and sponsorships to Municipalities, accelerated by 10,34% and amounted to € 952,25 million compared to € 863,03 in the corresponding period of 2014.
Investments increased by 1,57%, which in the period January - August amounted to € 113,44 million compared to € 111,7 million in the corresponding period of 2014.
Finally, public savings fell to € 125 million compared to € 262,9 million in the corresponding period of 2014.