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Athens prepares to send draft budget to Brussels, lines up next tax measures
PoliticsGreek PoliticsThe government is hoping to wrap up on Monday the budget negotiations it has been having over... to the European Commission on Tuesday. It is not clear yet if the draft 2020 budget will still point... the draft budget is not only a significant milestone in terms of Greece fulfilling its commitments to its
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Covid-19 leaves Greece facing 200 pct debt-to-GDP ratio in 2021, long road to sustainability
EconomyProgrammeof 157.1 pct of GDP in 2021, which is now revised to just short of 200 pct of GDP. Again
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Corporations lead deposit growth in Mar as total nears 200 bln
EconomyMacroeconomyand not being able to hold on to the 200 billion euros mark, the current level of deposits
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Budget primary surplus at 1.94 bln in H1, beating target by 1.5 bln on underspend
EconomyMacroeconomyThe budget primary surplus was confirmed at 1.94 billion euros in the first half of 2017, up by 18.6 percent from last year’s figure of 1.63 billion, the Finance Ministry (MoF) final budget execution... with higher than targeted Public Investment Budget (PIB) balance and slightly higher net revenues
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Finance Ministry faces balancing act as it starts to draft 2020 budget
EconomyProgrammebudget, which will have to achieve the key economic goals pledged by New Democracy but also satisfy... budget calculations on, while factoring in the tax cuts it has promised for this year and next... to save around 200 million euros, while the greater use of digital tools in the civil service will save
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ND walks tightrope with 2022 budget, looks for answer to inflation
PoliticsGreek Politicsthe political agenda this week. The draft 2022 budget was due to be presented at a cabinet meeting... reportedly been revised down to 4.5 pct in the draft budget. Next year’s budget will be a political..., the ruling conservatives will also have to find a way to start reining in the budget deficit without being
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Budget primary balance to May beats target by wide margin, taxes continue to outperform
EconomyMacroeconomyThe budget primary balance for the first five months of 2022 came to a deficit of 1.49 billion... to the preliminary Finance Ministry (MoF) budget execution data released on Wednesday. The primary balance beat... of the year. Expenditure, excluding interest payments and the public investment budget, came to 20.6
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Budget primary balance in H1 beats target by 1.47 bln on back of improved tax haul
EconomyMacroeconomyThe budget primary balance for the first half of 2022 came to a deficit of 3.43 billion euros... Finance Ministry (MoF) budget execution data released on Monday. The primary balance beat the target.... Expenditure, excluding interest payments and the public investment budget, came to 25.97 billion
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Budget outperforms in Mar, delivers 2.95 bln primary surplus thanks to strong tax collection
EconomyMacroeconomyThe 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. In March... payments and the public investment budget, came to 11.46 billion euros. Net revenues were 16.79 billion
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Budget primary surplus at 2.33 bln in April on strong PIB underspend
EconomyMacroeconomyThe budget primary balance came to a surplus of 2.33 billion euros in the first four months of 2018, the Finance Ministry (MoF) preliminary budget execution bulletin for April showed on Monday... by just under 200 million euros. Net revenues came to 14.42 billion euros, above target by 689
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