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  1. September revenues drive 9-month Greek primary surplus up to 2.53 bln

    Economy

    Greece’s budget execution showed the primary surplus widening to 2.53 billion euros in the 9-month... to higher revenues by almost 1 billion MoM. The 9-month budget deficit stood at 2.29 billion euros... primary and budget balances continue to outperform targets in the 9-month period by 979 million

    2%
  2. Collapse in revenues brings 2014 primary surplus to 1.9 bln, 3 bln short of target
    Photo by MacroPolis

    Economy

    Greece’s budget execution displayed the primary surplus significantly narrowing by 1.64 billion..., according to the Finance Ministry (MoF) preliminary budget bulletin published today. More importantly... Investment Budget (PIB) expenditure (+1.6 billion MoM). For the full year, the actual figures showed

    2%
  3. Primary surplus at 1.24 bln in Feb on lower spending and recovering revenues

    Economy

    Greece’s budget execution showed the year to date primary surplus stood at 1.24 billion euros... million from 1.37 billion in January, according to the Finance Ministry (MoF) preliminary budget... to lower primary expenditure by 538 million euros a a higher Public Investment Budget balance

    2%
  4. Primary cash surplus reaches 1.05 bln at end of April

    EconomyMacroeconomy

    items recorded in the Finance Ministry (MoF) budget execution bulletin are on a modified cash basis... comparable. That said, the reported by the MoF budget primary surplus of 2.16 billion in the 4-month... higher budget revenues (by 824 million) and expenditure (by 367 million) coupled with change

    2%
  5. Greek primary cash surplus at 1.07 billion at end-May on lower expenditure
    Photo by MacroPolis

    EconomyMacroeconomy

    budget execution bulletin by the Finance Ministry (MoF) are on a modified cash basis. Taking also.... The budget primary surplus of 1.51 billion for the 5-month period as reported by the MoF is higher by 386 million compared to the BoG primary cash surplus of 1.07 billion. This mainly reflects higher budget

    2%
  6. Newsletter 47 - 16/10/2015

    Newsletters

    percent in 2016. The Finance Ministry adopted these estimates in the 2016 draft budget tabled on 5... rate of imports compared to exports. Although the macro assumptions of the draft budget are in line... to 177.56 billion, from 179.08 billion posted last March. In the draft budget, nominal GDP is projected

    2%
  7. Newsletter 134

    Newsletters

    Revenues and debt rule draft budget Government faces uphill task of meeting fiscal targets as tax... Committee the 2018 draft budget, which contains its fiscal estimates as well as the underlying macro assumptions. The draft budget estimates that GDP will grow by 1.8 percent in 2017, slightly improved from

    2%
  8. Newsletter 182 -9/11/2018

    Newsletters

    to be completed by early December ahead of the vote on the budget. Tsipras is hoping that the settling... for 2019 Fiscal measures being pushed through ahead of draft budget finalisation The European Commission.... In the draft budget that the finance ministry submitted to the EC last month, growth in 2019

    2%
  9. Newsletter 235 -17/01/2020

    Newsletters

    looms for home protection scheme Public investment under spotlight amid arguments over budget... budget level than it was. In a statement accompanying the preliminary budget release for December, Deputy Finance Minister Theodoros Skylakakis claimed that the Public Investment Budget (PIB

    2%
  10. Newsletter 262 -04/09/2020

    Newsletters

    officials also committed publicly over the last few days to increasing Greece’s defence budget... is returning to its bad old ways. The Finance Ministry is reportedly working towards a primary surplus budget.... According to the newspaper’s sources, it will submit a draft budget with a zero-primary balance, from

    2%