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Stability Programme reflects subdued expectations for 2021, high hopes for 2022 onwards
EconomyMacroeconomyGreece has submitted to the European Council and Commission its Stability Programme for the period 2022 -2024, which is based on the activation of the general escape clause that allows temporary violations of fiscal commitments due to the pandemic.
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FinMin sees favourable macro environment from next year, boosted by RRF
EconomyMacroeconomyAs part of the wider effort to change the narrative that has often brought the government in an awkward spot during the pandemic handling since last summer, the finance minister presented at the cabinet meeting on Monday the objectives and policies that will restart the Greek economy.
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Budget primary deficit beats March goal amid resilient income tax take
EconomyMacroeconomyThe budget primary balance recorded a deficit of 3.41 billion euros in the first three months of 2021, compared with a surplus of 494 million in the same period of 2020, the final Finance Ministry (MoF) budget execution bulletin for March showed on Monday.
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Budget primary deficit at 3.42 bln in March, above target by 941 mln
EconomyMacroeconomyThe budget primary balance recorded a deficit of 3.42 billion euros in the first three month of 2021, compared with a surplus of 494 million in the same period of 2020, the preliminary Finance Ministry (MoF) budget execution bulletin for March showed on Thursday.
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General govt primary cash deficit at 1.99 bln in February; arrears jump
EconomyMacroeconomyGreece’s general government (gg) primary cash deficit came to 1.99 billion euros in the first two months of the year, compared with a surplus of 1.42 billion euros in the same period of 2020, according to the Finance Ministry’s monthly gg bulletin.
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Budget primary deficit confirmed at 1.5 bln in Feb, beating target
EconomyMacroeconomyThe budget primary balance recorded a deficit of 1.5 billion euros in the two month of 2021, compared with a surplus of 831 million in the same period of 2020, the preliminary Finance Ministry (MoF) budget execution bulletin for February showed.
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Budget primary shows deficit of 1.5 bln in Feb, above target by 1.23 bln
EconomyMacroeconomyThe budget primary balance recorded a deficit of 1.5 billion euros in the two month of 2021, compared with a surplus of 831 million in the same period of 2020, the preliminary Finance Ministry budget execution bulletin for February showed.
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General govt primary cash deficit at 720 mln in January, as social security funds start year in deficit
EconomyMacroeconomyGreece’s general government (gg) primary cash deficit came to 720 million euros in January compared to a surplus of 878 million euros in the same month of in 2020, according to the Finance Ministry’s (MoF) monthly gg bulletin.
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Budget primary confirmed at deficit of 1.47 bln in Jan as taxes dwindle
EconomyMacroeconomyThe budget primary balance recorded a deficit of 1.47 billion euros in the first month of 2021, compared to a surplus of 495 million noted in January 2020, the final Finance Ministry (MoF) budget execution bulletin for January showed.
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Central government debt increases €9.15 bln to €374 bln in Q4
EconomyMacroeconomyGreece’s central government debt increased by 9.15 billion euros to 374 billion euros quarter-on-quarter (QoQ) in the third quarter (Q4) of 2020, from 364.9 billion euros in the previous quarter, the Finance Ministry's (MoF) debt bulletin showed on Friday.