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  1. Greek gg primary cash surplus at 2.2 bln in 2014, arrears down to 3.75 bln

    EconomyMacroeconomy

    the state budget at 17 million from a surplus of 1.83 billion in the 11-month period and social... budget posted the highest adjustment within 2014 as its 2013 deficit stood at 5 billion euros...) followed by hospitals (down by 148 million) and state budget (down by 118 million). Similarly, the year

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  2. Where next for Greece's troubled privatisation programme under SYRIZA?

    Economy

    to the table below that was incorporated in the 2015 budget. However, the money received so far amounts... privatisation that was initially completed last November (not included in the 2015 budget table... of Trainose (operation and management of railway activities). In the 2015 budget, the previous government had

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  3. Newsletter 23 - 17/04/2015

    Newsletters

    been since December 2012. March's figure is the highest reading since January 2013. Budget primary surplus rises Greece’s budget primary surplus rose to 1.74 billion euros, up 12.6 percent, at the end... expenditure (by 1.18 billion) and higher public investment budget (PIB) surplus (by 856 million

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  4. General gov't primary surplus halves in Q1, arrears and guarantees jump

    EconomyMacroeconomy

    of Finance (MoF). The breakdown among the four key gg entities showed mixed trends. The budget primary... only showed a primary cash surplus of 173 fully attributed to budget, which posted a surplus of 784... million), local governments (+56 million), extrabudgetary funds (+35 million) and state budget (+29

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  5. Have inflation "repay" Greek debt and growth reduce indebtedness

    Agora

    to Greece’s budget would be very limited. Put differently, such a haircut would be the least attractive...) the benefit to Greece’s budget would be minimal. Alternatively, Greece could assume the following position... be 800 million euros. Those 800 million would annually flow through Germany’s budget but there wouldn

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  6. No let up ahead in terms of fiscal demands for new Greek government

    EconomyProgramme

    in 2018. As early as October, the Finance Ministry (MoF) has to adopt a supplementary 2015 budget, the draft 2016 budget and a 2016–19 medium-term fiscal strategy that will include a series of parametric measures and structural fiscal reforms. The draft budget is historically tabled on the first

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  7. General gov't primary cash surplus widens to 2.6 bln in Aug, arrears up by 2.15 bln

    EconomyMacroeconomy

    fiscal performance in the state budget and deteriorating in the other three sectors. The primary cash surplus of the state budget substantially widened by almost 2.5 times to 2.97 billion euros from... 13.7 percent of total. State budget arrears eased MoM yet they have risen by 571 million YtD to 728

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  8. Fiscal target revision shows 3.07 bln 9-month primary surplus was 1.8 bln above target

    Economy

    posted in the 8-month, the Finance Ministry (MoF) final budget execution figures showed on Tuesday... incorporated in the 2016 draft budget tabled on October 5. In particular, the 2015 primary surplus target... (before tax refunds) by 1.05 billion to 52.12 billion and Public Investment Budget (PIB) by 304

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  9. Greece stands on fault line between vicious and virtuous cycles for 2016

    Agora

    in Yen maturing in February. The state’s budget foresees a primary surplus of over 1 billion euros... of the first three months. In fact, in January the entire budget is in a 197 million total surplus, turning into a cumulative deficit of 1.3 billion euros up to March. (Cash balance state budget and Primary

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  10. Primary surplus beat target in 2015 on higher revenues and restrained spending
    Photo by MacroPolis

    Economy

    Greece’s budget primary balance was confirmed at 2.27 billion euros in 2015 from 1.87 billion in 2014, the Finance Ministry (MoF) final budget bulletin showed on Friday. The reported fiscal outcome... SMP and ANFA income. On top of revenue outperformance, the budget performance in 2015 was also

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