January 21, 2026

Athens News

News in English from Greece

Framion bubble: how Greece manipulates numbers in 2025


Everywhere wherever you look – the celebration. It seems that all system media have received an instruction from one center. They all trumpet about surplus in size 5.16 billion euroswhich the Greek economy has reached in the first four months of 2025.

But is it really so? Should I rejoice at these … achievements? The answer based on the data execution of budgets over the previous two years is more likely to force us fearnot rejoice. In conditions of extremely cruel Crisis cost of lifeimposed Kiryakos MitsikatisWhen inflation A month after a month devastates the layman's wallets, the Greek economy in absolute values, Shows a sharp fall.

Conclusions from the data

This is not we argue – conclusions follow from budget execution from 2023 to 2025.

  • For the period from January to April 2023 General income of the state budget compiled 23.185 billion eurosat the same time, income from the category “taxes” reached 17.803 billion euros.
  • For the period from January to April 2024 Pure budget revenues made up 22.538 billion eurosand tax revenues – 20.244 billion euros.
  • For the period from January to April 2025 Pure budget revenues have reached 23.074 billion euroswith tax income in the amount 22.103 billion euros.

This Destructive economic policy reduces the momentum of a real economy, the basis of which is small and medium -sized businesses, and at the same time reduces purchasing power Due to inflation, fed by greed. As a result, in four months of 2025, the Greek economy Lost 111 million euros compared with the same period of 2023, but increased tax revenues for 4.3 billion euros.

Manipulations with numbers

Here the question arises about the surplus. Is it really 5.16 billion eurosHow do almost all system media write? The answer is given by the announcement of the Ministry of National Economics and Finance on the data execution of budget for the first four months of the current year.

The announcement indicates: “The primary result on a modified cash basis was a surplus of 5.165 billion euros against the target primary surplus of 1.973 billion euros and a primary surplus of 3.282 billion euros for the same period of 2024. At the same time, the amount of 2.053 billion euros associated with the temporary displacement of payments according to the regular budget, and the amount of 736 million euros associated with the temporary displacement of investment expenses do not affect the result of the General Government in a fiscal plan. In addition, the amount of tax revenues for the first two months in the amount of 342 million euros is taken into account fiscal in 2024 “.

Now to arithmetic. If we subtract the amounts not related to fiscal conditions, the surplus is reduced to 2.034 billion euros. If you subtract from this amount 784.8 million euros VAT return on the new concession of the Attic road, which is fiscal by 2024, the surplus is reduced to 1.25 billion euros. But even this surplus falsified With the help of accounting manipulations: expenses compared to four months of 2024 decreased by 1.58 billion eurosand payments for investment costs (recovery fund, ESP, etc.) decreased by 1.14 billion euros.



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