A deficit of €142.7m for the period of April-June 2026, compared to a deficit of €127,9m that was recorded during the period of April-June 2025 is indicated in the preliminary General Government fiscal results.
The results are prepared by CySTAT.
Revenue
During the period of April-June 2026, total revenue increased by €69.1m (2%) and amounted to €3,601m, compared to €3,531.9m in the corresponding period of 2025.
In detail, social contributions increased by €81.1m (6.9%) and amounted to €1,258.5m, compared to €1,177.4m in the second quarter of 2025.
Taxes on production and imports increased by €94.8m (8.3%) and amounted to €1,242.3m, compared to €1,147.5m in the corresponding quarter of 2025, of which net VAT revenue increased by €140.5m (19%) and amounted to €879.4m, compared to €738.9m in the corresponding quarter of 2025.
On the contrary, capital transfers decreased by €31.1m (-26.2%) and amounted to €87.6m, compared to €118.7m in the corresponding quarter of 2025.
Revenue from taxes on income and wealth decreased by €7.7m (-1.3%) and amounted to €600.9m, compared to €608.6m in the corresponding quarter of 2025.
Other current transfers decreased by €32.2m to €108.5m, from €140.8m in the second quarter of 2025.
Revenue from the sale of goods and services decreased by €12.2m (-4.8%) to €242.5m, from €254.7m in the corresponding quarter of 2025.
Property income receivable decreased by €23.6m (-28%) to €60.7m from €84.3m in the corresponding quarter of 2025.
Expenditure
During the period of April-June 2026, total expenditure increased by €84m (2.3%) and amounted to €3,743.7m, from €3,659.8m in the corresponding period of 2025.
Specifically, social transfers increased by €77.2m (5.3%) and amounted to €1,540.9m, compared to €1,463.7m in the second quarter of 2025.
Compensation of employees (including imputed social contributions and pensions of civil servants) increased by €39m (4%) and amounted to €1,004.9m, compared to €965.9m in the corresponding quarter of 2025.
Intermediate consumption increased by €72.9m (20.2%) and amounted to €434.6m, compared to €361.7m in the corresponding quarter of 2025.
Property income payable increased by €12m (6.9%) and amounted to €184.9m, compared to €172.9m in the corresponding quarter of 2025.
On the contrary, the capital account decreased by €99.4m (-24.2%) and amounted to €310.9m (€261.3m capital formation and €49.6m capital transfers), compared to €410.3m (€263.4m capital formation and €146.9m capital transfers) in the corresponding quarter of 2025.
Subsidies decreased by €9.1m (-28.1%) to €23.3m, from €32.4m in the second quarter of 2025.
Other current expenditure decreased by €8.6m (-3.4%) and amounted to €244.2m, compared to €252.9m in the corresponding quarter of 2025.
(Source: CNA)
