Greece’s tax revenue significantly surpassed targets in the first quarter of 2023, the finance ministry said on Wednesday. In a report on budget execution on an amended cash basis for the period January-March 2023, the finance ministry said that tax revenue totaled 13.682 billion euros in the three-month period, up 12.4% from budget targets, helping the state budget to record a primary surplus of around 3 billion euros.
Alternate Finance Minister Theodore Skylakakis, commenting on the report, noted the March figures confirmed the fact that the Greek economy was performing significantly better than expected. “The country was moving towards general elections in an environment of financial stability and improved economic performance,” he noted.
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