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This is how Greece kept its budget on track in Q1
AgoraRecent Greek budget data showed the huge revenue gap of 968 million euros recorded in January... Investment Budget), which is defined as revenues (before tax refunds) minus primary expenditure, showed... and a large part of non-payroll costs). A closer look at the evolution of the key budget items reveals some
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General gov't cash surplus widened to 2 bln in January
EconomyMacroeconomyThe Greek general government (gg) cash surplus in January widened by 32.5 percent to 2 billion... bodies showed a surplus both at primary and balance level with the state budget being the higher... also rose by 100 million month on month to 790 million euros and account for 16 percent of total
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Greek budget primary surplus up to 3.53 bln at end of November despite revenue shortfall
EconomyMacroeconomyGreece’s budget execution showed the primary surplus widening by 879 million euros to 3.53 billion...) preliminary budget bulletin. As a result, the year to date figure exceeded its target by 658 million... for a primary deficit of 664 million. Similarly, the 11-month budget deficit stood at 1.86 billion euros
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Budget primary surplus to Oct hits 6.5 bln as revenues deliver again
EconomyMacroeconomyGreece’s budget primary surplus surged 43.4 percent to 6.5 billion euros in the 10-month period of 2016 from 4.53 billion a year ago, the Finance Ministry (MoF) preliminary budget execution bulletin... to the budget over-performance in 2016. Detailed figures on the performance of the key revenue items
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2014 draft budget: An ambitious fiscal consolidation targeting a primary surplus of 1.6 pct
EconomyMacroeconomyThe Ministry of Finance (MoF) tabled the 2014 draft budget to the Greek parliament on Monday... of ambitious budget consolidation with a further cut in primary expenditure by 2.77 billion year... Support Program launched before the Greek crisis, in exchange for bank preference shares 2) 1.22
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Newsletter 100 - 16/12/2016
conducive to a convergence between both sides. 2 Budget primary surplus surges Primary expenditure... that it is not willing to countenance the idea of adopting further measures to close the 2 percentage point fiscal gap... in Berlin on Friday with the impression that the IMF’s demands for another 2 percentage point
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Crumbling Greek pension system threatens big fiscal gap, budget derailment
Economyto the 2016 draft budget tabled on October 5, the Finance Ministry expects SSFs to record a cash primary... contributions, increased main pension expenditure by 167 million compared to last year’s budget... included in the 2016 budget relates to the implementation of the Council of State decision that ruled
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Budget primary deficit improves by 7.2 bln YoY in 2021, beats target by nearly 2 bln
EconomyMacroeconomyThe budget primary balance for the full year landed at a deficit of 10.99 billion euros in 2021...) budget execution data released on Monday. The primary balance is well ahead of the target set in the final budget for 2022, beating it by 1.96 billion euros. Expenditure, excluding interest payments
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EU funds and limited expenditure drive primary budget surplus to 2 bln in Feb
EconomyGreece’s budget execution showed a primary surplus of 2.06 billion euros to February, which is over... to the final data released by the Ministry of Finance (MoF) on Monday. The state budget balance... Budget (PIB) revenues of 1.56 billion in February (from just 32 million recorded in January), which
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Budget comfortably beats target up to Aug thanks to 2 bln excess taxes, 3.6 bln underspend
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 7.57 billion euros in August, compared... Ministry (MoF) budget execution data released on Wednesday. Up to August, the budget primary balance... budget, came to 32.49 billion euros. Net revenues came to 45.13 billion euros. The total budget
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