-
PDMA highlights improving debt profile, targets 8-12 bln in new issues for 2021
-
BoG insists on need for bad bank, sees EU funds boosting recovery from 2021
-
Moody's upgrades Greece to 'Ba3' on back of reforms, warns of tricky period ahead
-
PMI rises to 50 points in September, signalling stabilisation
-
BoG sees 7.5 pct recession, EU funds boosting GDP by 1.9 pct annually
-
Greece draws strong interest, attractive yield by re-opening 10-year bond
October revenues reverse earlier shortfall, annual primary surplus in sight
The budget execution to October showed revenues beating monthly targets by 761 million euros for the fourth straight month. Furthermore, the year to date previous revenue shortfall, which peaked to 1.61 billion euros at the end of June, turned to a small surplus of 51 million at the end of October for the first time so far in 2013, according to the preliminary data released by the Ministry of Finance (MoF) today.
Following a relatively stronger fiscal performance compared to the previous month, Greece exhibited a primary deficit at 40 million euros in October from 229 million in September, mainly owed to higher revenues more than offsetting a hike in interest pa...
You need a subscription to access our analysis. Please choose one of the packages available.
Full Access
A tailor-made service for professionals
Apart from having access to all our analysis and data, subscribers will be able to consult one-on-one with our analysts.
Free Access
Read some of our analysis for no charge
By signing up to MacroPolis, readers will be able to read two of our articles without charge each month. They will not have access to our data or weekly e-newsletter.
Standard Access
Our analysis and data at your fingertips
Subscribers will be able to read the full range of our articles, access our statistics and charts, and receive our weekly e-newsletter for €450 per year.
€480.00