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Fiscal Council optimistic on 2016 target, sees next year’s goals as feasible
EconomyMacroeconomyand macroeconomic developments, presenting its views on the 2017 draft budget and whether targets will be met... to be in line with the draft budget. Overall, the report concludes that the 2016 budget figures will be in line with the 2017 draft budget figures significantly contributing, but not necessarily
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Revenues beat target for third successive month in November
EconomyMacroeconomyGreek budget revenues beat their target, albeit marginally, for the third straight month... instalment of the single property tax (ENFIA). The preliminary budget execution bulletin for November outlining the key budget figures is due to be published as of December 10. The last month of the year
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Newsletter 140 -17/11/2017
a gap in PPC’s budget for the subsidised services it offers. Tsipras pointed out that the total.... Budget primary surplus at 5.36 bln in 10-month Government bond swap, rumoured for mid November, got underway during week The budget primary balance recorded a surplus of 5.36 billion euros in the first ten
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Athens eyes cancellation of pension cuts as Tsipras prepares Thessaloniki package
EconomyProgrammeas 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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Primary cash surplus at 832 mln in February
EconomyMacroeconomyto February rose by 708 million euros to stand at 7.97 billion euros. The Public Investment Budget (PIB... to a surplus of 573 million euros last year. The preliminary budget execution figures released by the Finance Ministry (MoF) for February The budget primary balance recorded a surplus of 823 million euros
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Newsletter 216 -26/07/2019
and there will be no fiscal gap in 2019 or 2020. It is this triptych that the government is now basing its budget... and ANFA bonds as revenues in the 2020 budget. Greece is due to receive 1.3 billion euros next year... The budget primary balance recorded a surplus of 381 million euros in the first six months of 2019
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Newsletter 267 -02/10/2020
households. Low-income households also spend 33 percent of the family budget on food. For non-poor households,19.1 percent of the budget is spent on food. 2 Budget primary at deficit of 5.48 bln in August Primary surplus below its target by 6.67 billion euros The budget primary balance recorded a deficit
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Newsletter 308 - 17/09/2021
and Growth Pact and would have to deliver a balanced budget after deficits of close to 10 pct in 2020... secured the lenders’ approval so they can remain in place in next year’s budget. The costliest measure for the budget is the reduction of social insurance contributions by 3 percentage points
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Debt strategy for 2022 set to continue along this year's steady path, assisted by PEPP
EconomyMacroeconomy2022 budget anticipates the debt-to-GDP ratio resuming a downward path. The Finance Ministry provided... purchase programme PEPP. The draft budget outlines more than 29 billion euros of ECB purchases of GGBs... and 1 billion euros and yields of 0.02 pct and 1.675 pct respectively. The draft budget also notes
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Newsletter 322 - 07/01/2022
tests 2022 budget from start as inflation also troublesWhen it was tabled in Parliament on November 19, the 2022 budget envisaged that the pandemic would mostly be left behind by the end of the first... from 2.9 billion euros seen in the draft budget in October due to expenditures affecting the ordinary
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