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FinMin tables recovery budget, foreseeing across-the-board improvement in key numbers
EconomyMacroeconomyThe Finance Ministry submitted to Parliament on Monday the draft budget for 2022 in which Greece is seen leaving behind the impact of the pandemic.
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Budget deficit of 6.38 bln in Aug confirmed; target beaten due to one offs
EconomyMacroeconomyThe budget primary balance was confirmed at a deficit of 6.38 billion euros in the first eight months of 2021, compared with a deficit of 5.48 billion in the same period last year, the final Finance Ministry (MoF) budget execution data showed on Monday.
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RRF injection pushes primary balance above target, but regular tax revenues short by 504 mln
EconomyMacroeconomyThe budget primary balance recorded a deficit of 6.39 billion euros in the first eight months of 2021, compared with a deficit of 5.48 billion in the same period last year, the preliminary Finance Ministry (MoF) budget execution data showed on Thursday.
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Govt grabs opportunity offered by escape clause to entice voters with support package
EconomyUnder pressure from developments since the beginning of August which tarnished its prized trait of competence, the government saw an opportunity to announce a sizeable support package at the Thessaloniki International Fair, hoping to change the domestic agenda.
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General govt balance deteriorates due to deficits of state and social security funds
EconomyMacroeconomyGreece’s general government (gg) deficit came to 9.36 billion euros in the first seven months of the year, compared with a deficit of 5.96 billion euros in the same period of 2020, according to the Finance Ministry’s (MoF) latest monthly gg bulletin.
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Budget primary confirms deficit of 9.06 bln in July, beating target
EconomyMacroeconomyThe budget primary balance recorded a deficit of 9.06 billion euros in the first seven months of 2021, compared with a deficit of 7.46 billion in the same period of 2020, the final Finance Ministry (MoF) budget execution bulletin for July showed on Wednesday.
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Central government debt increases 6.53 bln to 387.3 bln in Q2
EconomyMacroeconomyGreece’s central government debt increased by 6.53 billion euros to 387.3 billion euros quarter-on-quarter (QoQ) in the second quarter (Q2) of 2021, from 380.8 billion euros in the previous quarter, the Finance Ministry's (MoF) debt bulletin showed on Thursday.
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Budget primary shows deficit of 9.08 bln in July, beating revised target despite revenue shortfall
EconomyMacroeconomyThe budget primary balance recorded a deficit of 9.08 billion euros in the first seven months of 2021, compared with a deficit of 7.46 billion in the same period of 2020, the preliminary Finance Ministry (MoF) budget execution bulletin for July showed on Monday.
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Budget primary deficit reaches 9.09 bln for H1, up almost 3 bln on 2020
EconomyMacroeconomyThe budget primary balance was confirmed at a deficit of 9.09 billion euros in the first half of 2021, compared with a deficit of 6.1 billion in the same period of 2020, according to the final Finance Ministry (MoF) budget execution bulletin for June released on Monday.
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Budget primary shows deficit of 9.09 bln in June, beating target
EconomyMacroeconomyThe budget primary balance recorded a deficit of 9.09 billion euros in the first half of 2021, compared with a deficit of 6.1 billion in the same period of 2020, the preliminary Finance Ministry (MoF) budget execution bulletin for June showed on Thursday.