Search
-
New Democracy tax pledges put spotlight on available fiscal space
EconomyProgramme. This means that the fall in revenues will burden the 2020 budget. It is estimated that the cut... budget will have to be submitted to the institutions in September, by which time... in how the numbers add up in the end. Because if the taxes are lowered and there is a gap in the budget
11% -
ND lining up tax, development and labour legislation for autumn
PoliticsGreek Politics, the submission of the draft 2020 budget to the European Commission and the fourth post-programme review... budget is due to be submitted to the European Commission on September 15. The technical teams are due... budget. Reports over the weekend suggested that Finance Minister Christos Staikouras is making
11% -
Fiscal issues top agenda as fourth post-MoU review gets underway
EconomyProgrammeKyriakos Mitsotakis in the 2020 draft budget. Greek officials are due to begin discussions..., the creditors’ focus is expected to be on next year’s budget, particularly in terms of how... the payment. Additional space will be sought by cutting the budget for the Public Investment
11% -
Newsletter 226 -01/11/2019
, compared to 3.38 percent six months ago. In the draft budget tabled in Parliament earlier this month... to 'BB-' September budget primary surplus confirmed at 4.47 billion S&P raised on Friday its credit... than 20 percent of total debt, or less than 40 percent of GDP. The budget primary balance recorded
11% -
General govt primary cash surplus at 6.25 bln in September, arrears drop by 82 mln
EconomyMacroeconomyto the Finance Ministry’s (MoF) monthly gg bulletin. The surplus was led by the state budget primary... governments fell by 166 million euros to stand at 233 million euros. The breakdown of the state budget... by SSFs (+15 million) and state budget (+8 million). Declines were seen in tax refunds (-118 million
11% -
GDP rises by 0.6 pct QoQ in Q3, increases by 2.3 pct YoY
EconomyMacroeconomyaround 20 percent of the total. In the final budget for 2020 submitted to Parliament, the Ministry.... The 2020 budget anticipates gross fixed capital formation rising by 8.8 percent this year and by 13.4... receipts rose by 14 percent to 16.09 billion euros. According to the latest budget, exports of goods
11% -
EC ups growth to 2.2 pct in 2019, sees growth in 2020 at 2.4 pct
EconomyMacroeconomygovernment’s budget assumption of real GDP growth of 2.8 percent. Since 2016, when Greece essentially.... At the same time, this year’s budget after a moderate combination of tax cuts has little room for error and relies largely on hitting the budget’s growth estimate by people spending the additional disposable
11% -
Study proposes higher public spending to counter expected rise in NPLs
EconomyFeaturesbudget balance, the rate of change of business or consumer NPLs falls by between 0.11 percent to 0.36... in the required primary surpluses of the state budget for as long as necessary in order to support the economy... that the role of the budget balance and the state deficit budget on the development of NPLs should
11% -
General govt primary cash deficit of 1.85 bln in Apr as revenues decline
EconomyMacroeconomymillion. Overall, the state budget primary balance showed a fall of 2.68 billion euros, landing at a deficit of 1.52 billion euros. The budget primary balance for the same time last year came... hospitals with a fall of 13 million euros. This was followed by state budget and local governments
11% -
General govt primary cash deficit at 5.48 bln in June as tax revenues fall
EconomyMacroeconomymillion. Overall, the state budget primary balance showed a fall of 6.36 billion euros, landing at a deficit of 6.10 billion euros. The budget primary balance for the same time last year came to a surplus... budget (-7 million) and extrabudgetary funds (-4 million). Since the start of the year, total arrears
11%