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  1. Gov't adopts patchwork of measures to overcome liquidity problems

    EconomyProgramme

    Martin Schulz also warned in an interview on Thursday that time is running out and that 2 to 3 billion... to the preliminary budget execution for February, primary expenditure was 538 million better than the target... in the final budget data, our understanding is that the outperformance relates to a cut in the third key

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  2. Newsletter 32 - 26/06/2015

    Newsletters

    primary surplus Greece recorded a primary budget surplus of 1.51 million euros at the end of May... expenditure being 1.67 billion euros below the target and a higher public investment budget (PIB... is largely due to primary expenditure being below target. 2 Flexibility in short supply Government

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  3. Newsletter 33 - 03/07/2015

    Newsletters

    , the 3.53 billion euro budget revenue target (before tax refunds) for June will be probably missed, also... of the month to pay their monthly tax obligations. July is a critical month for budget revenues since... percent). Retail volume also contracted by 1.9 percent in April . 2 Tragedy and drama Neither Greece

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  4. Tsipras identifies debt relief, bank recap and attracting investments as key goals
    Photo by MacroPolis

    PoliticsGreek Politics

    review and secure the disbursement of the next two subtranches of 2 and 1 billion euros due by mid... percent next year, according to the draft 2016 budget. Tsipras said that his government would go... cuts in the 2016 draft budget. After all, they have already made it clear that they will not vote

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  5. Newsletter 53 - 27/11/2015

    Newsletters

    . October sees budget surplus Greece had a primary budget surplus of 1.46 billion euros in October from... of the year. 2 The road to realpolitik Brutal reality of power prompts Tsipras's latest volte face After

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  6. Newsletter 54 - 04/12/2015

    Newsletters

    . The budget execution so far this year showed revenue fell by 4.1 percent, to 38.72 billion euros... amounted to 82.29 billion by the end of October. The 2016 budget, which was tabled in Parliament... far this year. Eight of the first nine months of the year have seen a negative reading. 2

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  7. General gov't primary cash surplus widens notably to 4.84 bln by October

    EconomyMacroeconomy

    . The state budget primary surplus more than doubled to 4.45 billion euros in the 10-month period, from 2... budget arrears stand at 590 million euros, showing a significant rise of 433 million year to date

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  8. Newsletter 56 - 18/12/2015

    Newsletters

    performance, according to market sources. From surplus to deficit The budget primary deficit was 184... million. The jobless rate eased by 1.5 percentage points on the same period last year. 2 Leaving annus... emphasizing “alternatives” to the prevailing framework of budget austerity and an ever-expanding list

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  9. EC sees resilience in Greek economy, urges additional measures in 2016 and 2017
    Photo by Sebastien Bertrand via Flickr https://flic.kr/p/7ZRenG

    Economy

    GDP estimates with those incorporated in Greece’s 2016 budget calling for GDP growth in 2015... that the agreed fiscal policy measures are expected to deliver savings of up to 2 percent of GDP (3.5 billion.... In addition, the EC stresses that although the 2016 budget envisages additional savings of 1.1 percent

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  10. Newsletter 61 - 05/02/2016

    Newsletters

    system is not currently sustainable since the budget pays each year around 10 percent of GDP... numbers rose slightly, output charges and input costs decreased. 2 Counting the cost of migration... such as Lesbos, Kos and Samos are considerable. However, the UNHCR budget is limited. In 2015

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