ELSTAT: At 1.3% the surplus of 2024 – Awaiting Mitsotakis announcements for support measures (table)
The surplus was 1.3%, according to figures announced by both ELSTAT and Eurostat, which paves the way for government support measures.
In particular, the outcome of the General Government for the year 2024, according to ESA 2010, is estimated at € 3.18 billion (surplus), while the gross consolidated debt of the General Government at nominal prices at the end of 2024 is estimated at EUR 364.9 billion (153.6% of the gross product).
The government is reportedly preparing to announce support measures close to 1 billion euros. Of these, 500 million will be directed to the investment fund to be funded public projects. Still, € 250 million will be directed to permanent retirees’ support measures while an amount will be directed to support for tenants.
Announcements by the Prime Minister are expected at 12:30 in the following announcement of the surplus by both ELSTAT and Eurostat at 12.
The announcements also come in the aftermath of the upgrade by S&P.
The resulting money comes from various sources, such as tax evasion, while it is worth noting that data from the Ministry of National Economy and Finance shows over € 1.8 billion tax revenue for the first quarter of 2025.
Beyond that, the next field that can add points to the piggy bank is the escape clause for defense spending.