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EconomyMacroeconomy
Fiscal data for 2023 indicates that 2.1 pct of GDP goal is within reach In the context of the first Excessive Deficit Procedure (EDP) notification of 2024, the fiscal data for the 2020-2023 period was released by ELSTAT on Monday. The figures contained encouraging signals for the Greek authorities as the fiscal framework becomes tighter and Greece aims to achieve large primary surpluses in the coming period.
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EconomyMacroeconomy
Budget outperforms in Mar, delivers 2.95 bln primary surplus thanks to strong tax collection The budget primary balance recorded a surplus of 2.95 billion euros in March, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday.
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EconomyMacroeconomy
Budget continued to outperform in Feb, delivering 3.4 bln primary surplus The budget primary balance recorded a surplus of 3.4 billion euros in February, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Friday.
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EconomyMacroeconomy
Budget starts new year on track, timing factors lead to 1.16 bln outperformance The budget primary balance was confirmed at a surplus of 2.28 billion euros in the opening month of 2024, compared to a surplus of 2.77 billion euros in the same month of 2023, according to the final Finance Ministry (MoF) budget execution data released on Monday.
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EconomyMacroeconomy Primary surplus lands at 3.92 bln in 2023 thanks to significant underspend and RRF funds The budget primary balance in December was confirmed at a surplus of 3.92 billion euros, compared to a deficit of 6.65 billion euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Thursday.
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EconomyMacroeconomy
Timing factors, underspend lead to budget outperformance of 4.54 bln in 2023 The budget primary balance came to a surplus of 3.69 billion euros for the full year in December, compared to a deficit of 6.65 billion euros in 2022, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday.
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EconomyMacroeconomy
Primary surplus confirmed at 5.83 bln in Nov on back of spending under-execution The budget primary balance in November was confirmed at a surplus of 5.83 billion euros, compared to a deficit of 1.09 billion euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Wednesday.
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EconomyMacroeconomy Solid revenues, contained spending lead to primary balance beating target by 2 bln in Nov The budget primary balance came to a surplus of 5.85 billion euros in November, compared to a deficit of 1.09 billion euros in the same period of 2022, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Tuesday.
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EconomyMacroeconomy
Final budget data for Oct verifies solid tax revenues on back of indirect and income tax haul The budget primary balance in October was confirmed at a surplus of over 6 billion euros, compared to a deficit of 350 million euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Monday.
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EconomyMacroeconomy
Final budget sees 2.9 pct growth in 2024, primary surplus at 2.1 pct of GDP The Finance Ministry submitted to Parliament the final budget for 2024, which sees growth picking up next year and a sizable primary surplus in line with the country’s fiscal commitments that support debt sustainability.