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Newsletter 117 - 05/05/2017
a 35-month high in April. In its latest quarterly report, the Parliamentary Budget Office (PBO... of listing the 2 percent of GDP in expansionary counter-measures (tax cuts and social spending... are implemented this year, they will burden the 2017 budget. It added that the coalition handed out 620
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General govt primary cash surplus falls to 1.2 bln in Q1, arrears edge down to 5.05 bln
EconomyMacroeconomy, which reached 201 million. In contrast, the state budget primary surplus substantially narrowed by almost 2 billion euros to 326 million, while that for extrabudgetary funds fell by 289 million to 679... (+66 million), extrabudgetary funds (+36 million) and state budget (+35 million), while tax refunds
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Third review agenda becoming more complex for Tsipras
PoliticsGreek Politicsincreases. However, the poor performance of budget revenues may lead to the lenders asking... unpaid taxes also shot up by just over 2 billion euros compared to a rise of 727 million euros in June... in the 2017 budget. This means that fiscal matters are likely to play a much more significant role
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Primary cash surplus falls to 276 mln surplus at end of August amid revenue decline
EconomyMacroeconomypreviously, this year’s figure includes a one-off item of around 2 billion euros related to National... euros. After recording a surplus in the previous month, the Public Investment Budget (PIB) came... noted, the preliminary budget execution figures released by the Finance Ministry (MoF) for August showed
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General govt primary cash surplus at 4.51 bln in eight-month, arrears increase to 6.03 bln
EconomyMacroeconomydeficit of 2 million euros. However, the figure for 2017 still underperformed that of 2016 which stood at a surplus of 373 million euros. The primary surplus of the state budget increased by 924 million... was noted in tax refunds (+593 million). Smaller increases were registered in state budget arrears (+19
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Primary cash surplus at 2.88 bln in Oct on higher expenditure, arrears payments
EconomyMacroeconomy. As noted previously, this year’s figure includes a one-off item of around 2 billion euros related... euros. The deficit in the Public Investment Budget (PIB) grew to 151 million against September's figure.... As previously noted, the preliminary budget execution figures released by the Finance Ministry (MoF) for October
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Primary cash surplus at 2.33 bln in Nov as expenditure rises, PIB deficit widens
EconomyMacroeconomya year ago. BoG noted that this year’s figure includes a one-off item of around 2 billion euros related... basis. The deficit in the Public Investment Budget (PIB) widened substantially by 1.11 billion euros... of 1.54 billion. As previously noted, the preliminary budget execution figures released by the Finance
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HRADF outlines major privatisation plan, no timelines given
EconomyProgrammebudget figures for 2017 put the target for revenues from privatisations at 1.54 billion euros. In the Ministry of Finance’s preliminary budget figures for December, the total fell short by 247 million... International Airport, DEPA and DESFA, which in total reach almost 2 billion euros. Although a relatively
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Primary cash balance falls to deficit of 877 mln in Dec, expenditure rises
EconomyMacroeconomy’s figure included a one-off item of around 2 billion euros related to National Bank (NBG) revenues... Budget (PIB) softened by 138 million to stand at 1.83 billion in December. However, on an aggregate..., compared to a deficit of 2.11 billion last year. As previously noted, the preliminary budget
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Newsletter 151 -16/02/2018
The budget primary balance recorded a surplus of 1.88 billion euros in the first month of 2018, beating the forecast by 1.16 billion euros, the Finance Ministry (MoF) preliminary budget execution... from the figure of 722.03 euros in December 2016. 2 Building activity up by 12.6 pct in Nov Activity
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