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  1. Newsletter 31 - 19/06/2015

    Newsletters

    , spending miss targets Greece’s budget execution showed that the 5-month primary surplus more than doubled... the target, while revenues came in 976 million below the budget forecast. The surplus increase... difficulty that Prime Minister Alexis Tsipras faces in slashing the defence budget is that – contrary

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  2. If you think it's bleak for Greece now, wait until tomorrow
    Photo by Harry van Versendaal

    Agora

    productivity growth since 1970 has been averaging 0.7 percent, by far the lowest in the euro area, which

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  3. Greek train firm TRAINOSE attracts just one bid, no interest in rolling stock
    Photo via Flickr https://flic.kr/p/9SDyrr

    Economy

    in 2005 as a subsidiary of the Greek railway company (OSE), which was founded in 1970 and is wholly owned

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  4. Newsletter 85 - 05/08/2016

    Newsletters

    In a non-paper issued on Wednesday, the Finance Ministry clarified that budget revenues had beaten... cushion in the first half of the year. Although not officially announced yet, budget revenues most... into account the budget execution, we conclude that for every 3.37 billion of collected monthly

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  5. Greece closes 2013 with 691 mln budget primary surplus despite late investment spend

    EconomyMacroeconomy

    Greece’s 2013 budget execution showed a primary surplus of 691 million euros (0.4 percent of GDP... of Finance (MoF) on Tuesday. The state budget deficit narrowed 65.9 percent to 5.35 billion (2.9..., the MoF reported a large part of the Public Investment Budget (PIB) expenditure in the last month

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  6. Here's what's in the 2015 draft budget the Greek government has just unveiled

    EconomyMacroeconomy

    The Greek Finance Ministry (MoF) submitted the 2015 draft budget on Monday, with the headline.... Primary surplus The draft budget outlines a number of potential positive catalysts, which have.... Budget net revenues on a cash basis are expected at 50.67 billion euros in 2015, 2.6 percent above those

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  7. Greek MPs pass 2015 budget but give few clues for presidential vote
    Photo by MacroPolis

    PoliticsGreek Politics

    The government won the vote for the 2015 budget in the early hours of Monday but the result... MPs voted in favour of the budget, 134 against and 1 voted present. One government MP (PASOK) was unable to vote, while one independent backed the budget. Katerina Markou an independent formerly

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  8. Budget primary surplus to Oct confirmed at 6.5 bln, 2.9 bln above revised target
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s budget primary surplus was confirmed at 6.5 billion euros in the 10-month period of 2016 from 4.53 billion a year ago, the Finance Ministry (MoF) final budget execution bulletin showed on Thursday. Following the tabling of the 2017 budget in Parliament last Monday, the Finance Ministry

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  9. Final budget sees strong growth, fiscal overperformance in 2018
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The Finance Ministry tabled in Parliament on Tuesday evening the final version of the 2018 budget, which the government hopes will be the last budget of the memorandum era as the current European... budget had included a forecast for 2.7 percent expansion. Following a substantial revision

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  10. Budget primary balance dips to deficit of 1.51 bln in April on Covid-19 measures
    Photo by Manolis Tsafos/Fosphotos

    EconomyMacroeconomy

    The budget primary balance recorded a deficit of 1.51 billion euros in the first four months...) budget execution bulletin for April showed on Friday. The primary surplus was below its target.... For the same month last year, the primary surplus stood at 20 million euros. The budget balance

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