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Budget primary surplus confirmed at 2.05 bln in July on lower PIB expenditure
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 2.05 billion euros in the first seven months of 2018, the Finance Ministry (MoF) final budget execution bulletin for July showed on Friday.... The budget balance in the first seven months of 2018 recorded a deficit of 1.60 billion euros, marking
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Newsletter 277 -11/12/2020
with an increase of 42 million euros YoY. Overall, the state budget primary balance showed a fall of 14.71 billion euros, landing at a deficit of 9.07 billion euros. The budget primary balance for the same time last... budget (-4 million) and extrabudgetary funds (-2 million). Hospital arrears rose by 10 million MoM
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Storm fallout sweeps PM to crucial juncture early in second term
PoliticsGreek Politicsof compensation, as well as repurposing funds from the state investment budget. Kyriakos Mitsotakis said... the options available. The Finance Ministry will probably have to submit a supplementary budget this autumn to account for the extra spending, while the drafting of next year’s budget will also have
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Mitsotakis lets budget measures sink in as he mulls presidential pick
PoliticsGreek PoliticsThe measures announced in the budget appear to have hit the mark with New Democracy lawmakers, who.... The first assessments of the measures announced in the budget last week suggest that they have... to be relaxed and jovial, with MPs quoted as expressing satisfaction with the budget measures, describing
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Why is Europe worrying about SYRIZA?
Agoraachieved a balanced budget one year ahead of forecasts, when Europe would benefit from a recovery... of strength. Its primary budget surplus (a proof, if needed, that contrary to widespread beliefs... and at the Jakarta School of Public Policy, Indonesia, where he is also head of the Economics
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Grand projects and even loftier ambitions drive Greece's energy project bonanza
EconomyFeaturesprojects, with 42 percent of the budget (around 9 billion euros) allocated to the energy sector... and Stara Zagora. Whilst relatively modest in length and capacity (it will deliver 3 bcm/y initially
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General gov't cash surplus sees large contraction in Jan-Feb, arrears edge up
EconomyMacroeconomyentities. Similar to January, the state budget recorded the highest surplus at 852 million, yet... budget arrears increased by a modest 9 million MoM to 144 million (3.7 percent of total), while
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Newsletter 269 -16/10/2020
is also reflected in the draft budget for next year, which envisions a recession of 8.2 pct in 2020. Other analysts, including the Parliamentary Budget Office, see the disappointing tourism season...-time employment came to 50.5 percent of the total and part-time came to 40.5 percent. Budget primary
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Newsletter 188 -21/12/2018
Politics in flux amid rising tension Blast at Skai/Kathimerini, watchdog appointment and budget... of gaining a clear majority. In between these two developments, the 2019 budget was voted through... Union of Centrists, Yiannis Saridis, voted in favour of the budget. This was viewed as a sign
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Feb prim surplus confirmed at 2.8 bln, as taxes remain strong and spending contained
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 2.8 billion euros by February, compared... Ministry (MoF) budget execution data released on Wednesday. By February, the budget primary balance... budget, came to 8.12 billion euros. Net revenues came to 11.74 billion euros. The total budget
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