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Athens starts MTFS process with baseline scenario that sees growth slowing down
EconomyThe regular cycle for the preparation of Greece’s Medium-Term Fiscal Strategy (MTFS) for the 2020–2023 period began on Friday with a memo that was issued by the Alternate Finance Minister Giorgos Houliarakis to all the ministries involved in the process.
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Central government debt increases by 2.91 bln to 358.95 bln in Q4
EconomyMacroeconomyGreece’s central government debt rose by 2.91 billion euros to 358.95 billion euros quarter-on-quarter (QoQ) in the fourth quarter (Q4) of 2018, from 356.03 billion euros in the previous quarter, the Finance Ministry's (MoF) debt bulletin showed on Wednesday.
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Budget primary surplus beats Jan target by 706 mln on significant underspend
EconomyMacroeconomyGreece’s Finance Ministry issued on Friday the first budget execution update for 2019, with the preliminary data showing that the primary surplus settled at 603 million euros, against a deficit target of 103 million euros.
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General govt primary cash surplus at 5.63 bln in Dec, arrears fall by 536 mln but miss target
EconomyMacroeconomyGreece’s general government (gg) primary cash surplus came to 5.63 billion euros across 2018, down by 593 million euros compared to 2017 according to the Finance Ministry’s (MoF) monthly gg bulletin.
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Primary surplus confirmed at 3.34 bln in Dec, misses annual target by 367 mln
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 3.34 billion euros in 2018, according to the final budget execution bulletin for December published by the Finance Ministry (MoF) on Friday.
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Budget primary surplus at 3.16 bln in December, missing target for full year by 443 mln
EconomyMacroeconomyThe budget primary balance came to a surplus of 3.16 billion euros in 2018, according to the preliminary budget execution bulletin for December published by the Finance Ministry (MoF) on Monday.
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General govt primary cash surplus at 7.62 bln in Nov, arrears fall by 42 mln
EconomyMacroeconomyGreece’s general government (gg) primary cash surplus came to 7.62 billion euros in the first 11 months of the year, up by 445 million euros compared to the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin.
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Budget surplus overshoots 11M target due to lower primary expenditure, investment spending
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 7.63 billion euros in the first 11 months of 2018, according to the final budget execution bulletin for November published by the Finance Ministry (MoF) on Thursday.
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Budget primary surplus at 7.61 bln in November as expenditure curtailed
EconomyMacroeconomyThe budget primary balance came to a surplus of 7.61 billion euros in the first eleven months of 2018, according to the preliminary budget execution bulletin for November published by the Finance Ministry (MoF) on Friday.
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General govt primary cash surplus at 6.68 bln in October, arrears rise by 9 mln
EconomyMacroeconomyGreece’s general government (gg) primary cash surplus came to 6.68 billion euros in the first 10 months of the year, up by 311 million euros compared to the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin.