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Tempe and Predatorgate court cases bring government scandals back to fore
PoliticsGreek Politics. The court is set to call 350 witnesses in the presence of up to 200 lawyers, and the Justice Ministry spent
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Does new troika visit spell fresh drama for Greece? Maybe not
Economybudget earlier this October that is fully compliant with the target of achieving a 1.6 percent of GDP primary surplus. This will involve yet another ambitious consolidation effort to produce a state budget surplus of more than 2.8 billion euros. Shortly after the draft budget was produced, European
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Stournaras in firing line for arguing Greeks can pay more taxes
PoliticsGreek Politicswith the troika are pending, the 2014 budget has yet to be passed through Parliament and there is still..., budget execution figures show that Greece’s tax revenues have been beating the targets agreed... colleagues. Appearing before the parliamentary committee that examined the budget before it is put
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Greek primary surplus at 400 mln to Oct but arrears keep piling up
EconomyMacroeconomyby the troika. The state budget is the key element in the reported gg balance evolution. There is an important difference compared to the budget execution released for the same period, which relates to a cash..., the initially posted state budget figures are reported at a general government cash level
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Greece in 2014: The risks and opportunities of moving forward
Agorawith Greece’s international creditors. After achieving the largest budget deficit reduction on record... in 2009 was an equally unprecedented budget deficit of 15.7 percent, which only fully revealed... will achieve a primary budget surplus in 2013, and we will only know official figures in April 2014
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Central government primary cash surplus at 1.7 bln to February
EconomyMacroeconomythe preliminary February budget execution data released by the Ministry of Finance (MoF) on March 11... below the respective budget figure. It should be noted that 2013 central government figures reported... billion euros of SMP income in the budget execution, which was excluded from the BoG calculation b
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Central gov't cash deficit down to 1.14 bln in March
EconomyMacroeconomyfor the budget execution are disclosed on a modified cash basis. Cash revenues rose 2.7 percent to 10.53... percent. Interest payments on a cash basis rose 4.7 percent to 1.99 billion, in line with the budget... to: a) The inclusion of 2.03 billion euros of SMP income in the budget execution, which was excluded from the BoG
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The politics of debt dynamics in Greece
Agoraindebtedness trap. Source: Data is from the draft budget for 2015 submitted by the Greek government... to achieve a primary surplus (before interest payments) in its central budget every year, preferably... budget austerity and fundamentally reverse the working arrangements with the troika; it would also
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Newsletter 5 - 28/11/2014
meeting, the Greek parliament will vote on the 2015 budget, with the government insisting that next year... recorded their third-highest readings this year in October. Budget shortfall in October as revenues miss target A revision of monthly targets meant that Greece’s budget execution figures were 880 million
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Central gov't cash surplus reaches 1.42 bln in 2014 after 1.19 bln deficit in Dec
EconomyMacroeconomyand is mainly attributed to Public Investment Budget deficit of 857 million euros. The central government... on a cash basis, while the respective items included by the Ministry of Finance (MoF) in the budget... to 5.64 billion euros, almost in line with the respective budget figure of 5.57 billion. Reconciling
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