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Budget
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EconomyProgramme
Athens puts off bond sale, has fiscal concerns to address Greek authorities decided on Tuesday to put off plans to begin the book-building process for the 7-year bond that Athens wants to issue due to volatility on the international markets.
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EconomyMacroeconomy
General govt primary cash surplus at 5.93 bln in Dec, arrears fall by 584 mln Greece’s general government (gg) primary cash surplus amounted to 5.93 billion euros in the in the full year of 2017, up by 1.07 billion compared to the same time last year according to the Finance Ministry’s (MoF) monthly gg bulletin.
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EconomyMacroeconomy
Budget primary surplus confirmed at 1.94 bln in 2017 on expenditure fall The budget primary balance was confirmed at a surplus of 1.94 billion euros across the full 12 months of 2017, down by 30.1 percent against the figure for 2016, the Finance Ministry (MoF) final budget execution bulletin showed on Wednesday.
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EconomyMacroeconomy
General govt primary cash surplus at 7.15 bln in Nov, arrears reduced further Greece’s general government (gg) primary cash surplus amounted to 7.15 billion eurso in the first 11 months of 2017, up by 701 million compared to the same time last year according to the Finance Ministry’s (MoF) monthly gg bulletin.
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EconomyMacroeconomy
Budget primary surplus at 4.65 bln in 11-month on lower expenditure The budget primary balance was confirmed at a surplus of 4.65 billion euros in the first 11 months of 2017, down by 19.3 percent against last year’s figure of 5.76 billion euros, the Finance Ministry (MoF) final budget execution bulletin showed on Wednesday.
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PoliticsGreek Politics
Budget passed but coalition handouts draw attention The 2018 budget was approved by Parliament with no problems for the government, although it appears that the coalition may have some explaining to do to the institutions over the package of handouts announced over the last few days.
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EconomyMacroeconomy
Budget primary surplus at 4.66 bln in 11-month as expenditure falls, revenues rise The budget primary balance recorded a surplus of 4.66 billion euros in the first 11 months of 2017, decreasing by 19.1 percent against last year’s figure of 5.76 billion euros, the Finance Ministry (MoF) preliminary budget execution bulletin showed on Thursday.
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EconomyMacroeconomy
General govt primary cash surplus at 6.39 bln in October, arrears continue to decline Greece’s general government (gg) primary cash surplus amounted to 6.39 billion in the first 10 months of 2017, up by 452 million compared to the same time last year according to the Finance Ministry’s (MoF) monthly gg bulletin.
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EconomyMacroeconomy
Budget primary surplus at 5.33 bln in October, beating target on revised budget figures The budget primary balance was confirmed at a surplus of 5.33 billion euros in the first 10 months of 2017, up by 9.7 percent against last year’s figure of 4.86 billion euros, the Finance Ministry’s final budget execution bulletin showed on Friday.
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EconomyMacroeconomy
Final budget sees strong growth, fiscal overperformance in 2018 The Finance Ministry tabled in Parliament on Tuesday evening the final version of the 2018 budget, which the government hopes will be the last budget of the memorandum era as the current European Stability Mechanism programme is set to be completed in August next year.