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Budget primary surplus at 2.32 bln in Mar, beating target by 1.22 bln
EconomyMacroeconomyThe budget primary balance recorded a surplus of 2.32 billion euros in the first three months...) preliminary budget execution bulletin showed on Monday. The primary surplus surpassed its target by 1.22 billion euros. Primary expenditure came to 9.45 billion euros, very slightly below target by 2 million
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EC autumn forecast lowers growth for 2019 on pending budget finalisation
EconomyMacroeconomyinvestment. The EC and the Greek authorities are in talks at the moment to finalise the budget for 2019... for the purpose of this forecast, Greece is expected to grow by 2 percent in 2018, slightly higher from the 1.9 percent previously. Growth next year is seen at 2 percent, from 2.3 percent previously although
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Newsletter 168 -29/06/2018
. 2 May budget primary surplus at 1.53 bln Confirmed figure beats the target by 1.35 bln The budget... growth rate, assuming that inflation will reach 2 percent in 2023 and remain at the that level... in 2030 and below 100 to 96.4 percent in 2060. Gross financing needs (GFN) are expected to strongly
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Newsletter 215 -19/07/2019
year. 2 Budget primary surplus at 382 mln Primary balance for June comes to a deficit of 534 million... and the other from September onwards, once the 2020 budget has been drafted. The first bill might contain... to announce 2 billion euros of spending cuts and savings to counterbalance the 6 billion euros in tax
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Budget execution improves significantly in Oct, primary surplus reaches 4.53 bln
EconomyMacroeconomyGreece’s budget primary balance displayed a surplus of 1.46 billion euros in October from a deficit of 726 million in September, the Finance Ministry (MoF) final budget figures showed on Wednesday... (by 2.82 billion), higher Public Investment Budget (PIB) balance (by 821 million) and lower tax refunds
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Newsletter 208 -31/05/2019
on Sunday, less than 2 percent of the total, in a disappointing performance. This has raised questions..., Parliament’s Budget Office (PBO) does not share the concerns of the country’s lenders about... of a 13th pension had a budget cost of 830 million euros net of taxes and social insurance contributions
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Slight easing of Covid-19 data as focus turns to retail, budget
PoliticsGreek Politicsa slight easing compared to the last few weeks, when the daily death toll tended to be above 100... hirings, down by 89,008 compared to last year. Layoffs were also lower by 89,634. Budget debate... over the 2021 budget in Parliament this week before Tuesday’s vote. New Democracy will point
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A closer look at Greece's 2013 budget primary surplus of 603 mln
EconomyMacroeconomyGreece’s 2013 budget execution showed a primary surplus of 603 million euros from a deficit of 3.46...). The state budget deficit narrowed 65.3 percent to 5.44 billion from 15.69 billion in 2012. However, these figures include the SMP and ANFA income of 2 billion, which is not incorporated in Greece’s
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State budget primary surplus widens to 2.28 bln at end of July after rise in revenues
EconomyMacroeconomyGreece’s budget execution showed the primary surplus widening to 2.28 billion in the 7-month period... instalment of income tax, which was due by the end of July. The 7-month state budget deficit stood at 1.73... surplus is lower by 10.7 percent, while the budget deficit has narrowed by 10.1 percent. However
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After 2019 budget, lenders turn attention to Greek post-MoU reform tasks
EconomyProgrammeare expected to give the 2019 budget the final green light and urge Athens to quickly shift its... is due to vote on the budget on December 15, by which time the government is also expected to have... accumulating from budget year 2017. The disbursements are scheduled to reach Greece in equal amounts, semi
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