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  1. Tax revenue overperformance in Sep confirmed, primary budget deficit at 5.96 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance was confirmed at a deficit of 5.96 billion euros in the first nine... Ministry (MoF) budget execution data showed on Monday. The primary balance exceeded the target set... payments and the public investment budget, came to 38.8 billion euros. Net revenues came to 39.45 billion

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  2. Nov budget data confirms tax revenue outperformance at 784 mln

    EconomyMacroeconomy

    The budget primary balance recorded a deficit of 7.88 billion euros up to November 2021, compared with a deficit of 13.75 billion in the same period last year, the final Finance Ministry (MoF) budget... budget by 1.1 billion euros. Expenditure, excluding interest payments and the public investment

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  3. Budget primary deficit improves by 7.2 bln YoY in 2021, beats target by nearly 2 bln
    Finance Ministry

    EconomyMacroeconomy

    The 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

    34%
  4. Final budget data for 2021 affirms revenue overperformance, primary balance below 6 pct of GDP
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance for the full year landed at a deficit of 10.33 billion euros in 2021, compared to a deficit of 18.2 billion in 2020, according to the final Finance Ministry (MoF) budget... that the balance is now well ahead of the target set in the final budget for 2022, beating it by 2.62 billion euros

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  5. Budget exudes fiscal stability, but hints at political complications

    EconomyMacroeconomy

    Last week’s five-day debate on the 2025 budget concluded on Sunday without any complications... be considered the first budget of stability since Mitsotakis assumed office, as the first full year.... The 2025 budget sees the primary balance at 2.5 pct of GDP this year and will remain at that level

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  6. Newsletter 31 - 19/06/2015

    Newsletters

    , spending miss targets Greece’s budget execution showed that the 5-month primary surplus more than doubled... the target, while revenues came in 976 million below the budget forecast. The surplus increase... difficulty that Prime Minister Alexis Tsipras faces in slashing the defence budget is that – contrary

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  7. Cash primary surplus contracts 2.9 pct to 2.68 bln on weak revenues in Sept

    EconomyMacroeconomy

    period, 200 million above the respective budget figure of 4.98 billion. The September figure of 74...) budget execution bulletin are calculated on a modified cash basis. As a result, and also taking.... Compared to the released budget primary surplus of 3.08 billion, the respective BoG figure stands 346

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  8. Athens eyes cancellation of pension cuts as Tsipras prepares Thessaloniki package
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    as part of the troublesome second review of the third programme, will be scrapped. “The 2019 budget... Real FM on Thursday. “In fact, the budget will contain measures the will relieve the pressure... measures the 2019 budget would have a surplus of 500 million to a billion euros. Senior government

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  9. Jan primary surplus at 3.5 bln as underspend continues into 2026

    EconomyMacroeconomy

    The budget primary balance produced a surplus of 3.5 billion euros at the opening month of 2026, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday... payments and the public investment budget, came to 2.41 billion euros. Net revenues were 6.14 billion

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  10. With troika OK pending, 2014 budget sees primary surplus at 1.6 pct of GDP
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    The Finance Ministry tabled on Thursday the 2014 budget to Parliament without the final approval... not yet been concluded. Thursday’s version of the budget followed a draft that was released on October 7. The key macro assumptions remained unchanged compared to the draft budget, while adjustments

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