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  1. Budget primary surplus confirmed at 635 mln in June on lower spending
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    year’s figure for the same period came to 1.94 billion. The primary surplus beat its target by 1.10... recorded this year. For the same period last year, the deficit came to 1.60 billion. Despite coming... revenues rose by 1.6 percent year-on-year (YoY) to 3.75 billion, up from May’s figure of 3.34

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  2. Budget primary surplus confirmed at 2.05 bln in July on lower PIB expenditure
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . Last year’s figure for the same period came to 3.02 billion. The primary surplus beat its target... the second deficit recorded this year. For the same period last year, the deficit came to 1.35 billion... in June. Revenues Monthly gross revenues edged up by 0.7 percent year-on-year (YoY) to 5.32 billion, up

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  3. General govt primary cash surplus at 2.82 bln in July, arrears unchanged
    Photo by MacroPolis

    EconomyMacroeconomy

    months of the year, down by 1.33 billion euros compared to the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin. In the underlying subcategories, the biggest year-on-year (YoY) decline was noted in social security funds (SSFs), which fell by 574 million euros

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  4. General govt primary cash surplus at 3.51 bln in August, arrears fall by 306 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    months of the year, reduced by 750 million euros compared to the same period last year, according... year-on-year (YoY) decline was noted in social security funds (SSFs), which were reduced by 445 million euros to stand at 1.29 billion euros. The equivalent figure for the same time last year was 1.74

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  5. Feb current account deficit at 990.4 mln as services balance improves
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The respective figure for the same time last year showed a deeper deficit of 1.40 billion euros, meaning that year-on-year (YoY), the deficit has improved by 407.2 million euros. The YoY improvement was driven... to a surplus of 489.3 million from 321.8 million a year ago, or an increase of 52.1 percent YoY

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  6. Budget primary surplus at 1.46 bln in Apr, above target by 2.13 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    for the same month last year which showed a deficit of 79 million euros. The budget balance in the first... euros seen in the aggregate period last year. For the current aggregate period, the budget balance beat...) came to 4.20 billion compared to 2.44 billion a year ago, beating the monthly target by 18 million

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  7. General govt primary cash surplus at 1.68 bln in April, arrears rise by 164 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    months of the year, down by 742 million euros compared to the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin. In the underlying subcategories, the biggest year-on-year (YoY) decline was noted in social security funds with an annual fall of 643 million euros

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  8. Unemployment falls to 17.6 pct in April, dipping under 18 pct for first time since Jul 2011
    Photo by MacroPolis

    EconomyMacroeconomy

    on Thursday. For the same time last year, the unemployment rate came to 19.8 percent. April’s reading marks..., employment increased by 26,926 people compared to March. Year-on-year, the figure for those employed... percentage points (pps) year-on-year and came to 21.7 percent. This figure has been in decline since

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  9. Mitsotakis promises 'new normality,' lines up tax cuts straight away

    PoliticsGreek Politics

    Thessaloniki Expo would be redeveloped so it has a year-round urban as well as business use. Mitsotakis... begin from this year. The tax will be cut by an average of 22 percent. The reduction will be weighted... the one legislated earlier this year by SYRIZA, which averaged at 10 percent. It also means

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  10. Finance Ministry faces balancing act as it starts to draft 2020 budget
    Finance Ministry

    EconomyProgramme

    budget calculations on, while factoring in the tax cuts it has promised for this year and next... and that Greece keeps its commitment to produce a 3.5 percent of GDP primary surplus this year and in 2020. The government has denied that there will be any fiscal gap in either year, but former Finance

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