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Newsletter 363 - 16/12/2022
Staikouras presented the draft budget almost a month ago, the last of New Democracy’s current term, he described it as a historical and deeply symbolic moment, being the first budget in 12 years to be compiled outside an MoU or enhanced surveillance regime. The vote on the budget is due to take place
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Solid revenues, contained spending lead to primary balance beating target by 2 bln in Nov
EconomyMacroeconomyThe budget primary balance came to a surplus of 5.85 billion euros in November, compared to a deficit of 1.09 billion euros in the same period of 2022, according to the preliminary budget execution... investment budget, came to 45.57 billion euros. Net revenues were 59.19 billion euros. The budget
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Stability Programme revises growth down to 2.5 pct as investment estimates prove too rosy
EconomyMacroeconomyoutlook for the year. The macroeconomic assumptions in this year’s budget compiled by the Finance Ministry... Ministry. Private consumption growth is seen at 1.6 pct, up from 1.3 pct in the 2024 budget, investments are seen growing by just over 9 pct, from over 15 pct in the budget, exports are expected to grow
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Primary surplus at 4.52 bln by Jun thanks to strong taxes, contained spending
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 4.52 billion euros up to June, compared... Ministry (MoF) budget execution data released on Friday. In the period, the budget primary balance... and the public investment budget, came to 26.18 billion euros. Net revenues came to 34.38 billion euros
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Underspend and taxes push primary balance up to Aug 3.77 bln above target
EconomyMacroeconomyThe budget primary balance produced a surplus of 8.7 billion euros up to August, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday. The primary... and the public investment budget, came to 34.68 billion euros. Net revenues were 48.46 billion euros
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Strong tax revenues, major underspend lead primary surplus 3.57 bln above target in Aug
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 8.5 billion euros up to August, compared... Ministry (MoF) budget execution data released on Thursday. In the period, the budget primary balance... and the public investment budget, came to 34.87 billion euros. Net revenues came to 48.46 billion euros
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Newsletter 479 - 10/10/2025
a window—however narrow—to re-enter the fray.EconomyBudgeting on a late RRF sprintThe draft budget for 2026... in the latest budget submission, with the outlook for this year’s fixed capital formation coming below..., against an estimate of growth of 8.4 pct in the budget that was submitted about a year ago
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Government budgeting on a late RRF sprint
EconomyMacroeconomyThe draft budget for 2026 tabled in Parliament last week contained interesting signals for further... in previous years was affirmed in the latest budget submission, with the outlook for this year’s fixed... to grow by 5.7 pct this year, against an estimate of growth of 8.4 pct in the budget that was submitted
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Tax collections and contained spending take primary surplus 4.15 bln above target in Sep
EconomyMacroeconomyThe budget primary balance produced a surplus of 9.36 billion euros up to September, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Wednesday... and the public investment budget, came to 39.56 billion euros. Net revenues were 54.57 billion euros
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Jan primary surplus at 3.5 bln as underspend continues into 2026
EconomyMacroeconomyThe 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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