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  1. 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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  2. Primary cash surplus at 832 mln in February

    EconomyMacroeconomy

    to 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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  3. Newsletter 216 -26/07/2019

    Newsletters

    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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  4. Newsletter 267 -02/10/2020

    Newsletters

    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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  5. Newsletter 308 - 17/09/2021

    Newsletters

    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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  6. Debt strategy for 2022 set to continue along this year's steady path, assisted by PEPP
    Photo by MacroPolis

    EconomyMacroeconomy

    2022 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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  7. Newsletter 322 - 07/01/2022

    Newsletters

    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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  8. Newsletter 325 - 28/01/2022

    Newsletters

    , the energy prices crisis, the Finance Ministry received some encouraging budget execution data... included in the draft budget for 2022 at the end of November by 2.62 billion euros. The total... against the initial estimates included in the 2021 budget, Greece finds itself way off its initial

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  9. Newsletter 331 - 11/03/2022

    Newsletters

    in the budget for more relief measures. However, Greek hopes were dashed on both counts after the first day... budget, while the opposition has been pressing for more radical interventions. The publication... to meet the budget targets. The conflict in Ukraine has created a new landscape in the EU, with talks

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  10. Tracking Greece's fiscal performance
    Photo by MacroPolis

    Agora

    that the original data are mostly cash outlays and expenditures in the budget, with some adjustments... a fiscal operation becomes effective and when the costs or revenues show up in the budget can cause... at the time when these have an economic impact (solid line in Figure 1), even if the budget cash impact

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