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  1. Signifcant underspend covers revenue shortfall for budget primary surplus to August

    EconomyMacroeconomy

    percent reaching 1.1 billion in the 8-month period from 2.85 billion last year. Revenues Revenues... revenues of 22.91 billion for the full-year target of 30.26 billion to be met. This implies

    9%

  2. Budget revenues rebound in August but shortfall remains at 4.2 bln

    EconomyMacroeconomy

    consolidation in the course of the year was also reflected in the budget deficit, which narrowed to 1.1.... For the full-year target of 30.26 billion to be met, the state should collect revenues of 22.91 billion

    9%

  3. IMF aligns Greek projections with EU, revises down GDP
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    Economy

    recession estimate of 2.3 percent to be met, GDP needs to contract by more than 5 percent in the second..., at 1.4 percent in 2015 and 1.1 percent in 2016. Last year, Greece posted a C/A surplus of 0.9 percent.

    9%

  4. Greek economy surprises in Q3, eases by a marginal 0.5 pct

    EconomyMacroeconomy

    by 0.4 percent year on year (YoY) in Q3 after a downward revised growth of 1.1 percent in Q2... of 1.4 percent for 2015 to be met. The currently anticipated softer recession for 2015 compared

    9%

  5. Marked improvement for budget execution in Oct, primary surplus outperformance extended

    EconomyMacroeconomy

    that for the full year target of 52.12 billion to be met, the state should collect revenues of 6.71... fees of 1.1 billion due to paid in December. Tax refunds remained stable month on month (MoM) at 256

    9%

  6. Budget execution improves significantly in Oct, primary surplus reaches 4.53 bln

    EconomyMacroeconomy

    target to be met, despite some seasonal taxes such as road tax fees of 1.1 billion due to paid

    9%

  7. Q3 GDP slips 0.9 pct QoQ on lower private consumption and investment

    EconomyMacroeconomy

    ). According to today’s figures, GDP eased 1.1 percent year on year (YoY) in Q3, from flash estimate... to be met. In its latest report on Greece in mid November, Fitch anticipated GDP to contract 0.3

    9%

  8. Marked rise in expenditure leads to a budget primary deficit in Nov

    Economy

    for the full year target to be met. Although December includes seasonal revenues such as road tax fees targeted at 1.1 billion, the 2015 revenues will probably miss the target for yet another year. Tax

    9%

  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

    . In addition, the EC stresses that although the 2016 budget envisages additional savings of 1.1 percent... programme are met. Downside risks to fiscal targets include higher spending related to the refugee crisis

    9%

  10. Greece's latest GDP figures and what to expect for the rest of the year
    Photo by MacroPolis

    Agora

    the full year forecasts can be met. The Bank of Greece (BoG) and the European Commission (EC... by the BoG, EC and the OECD is now in sight. It is worth remembering that GDP contracted by 1.1 percent

    9%