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Second day of review yields progress, work needed on fiscal front
EconomyProgrammehave been settled on this trip, ahead of the draft budget that is due to be tabled to Parliament... and ANFA profits and whether those can be used in the budget to create some fiscal space. According to a finance ministry official, the discussions on next year’s budget are based on three scenarios
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Greek govt gears for final Eurogroup of 2019, hoping for better terms
EconomyProgrammefor 2020, a full 0.5 percent lower than the government’s 2020 budget target, and 2 percent for 2021... a consensus on the budget, including the achievability of the 3.5 percent primary surplus target in 2020... for 2020 and beyond. Adding to this picture, the final draft of the 2020 budget is due to be tabled
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MPs gear up for action as To Potami calls it a day and PASOK wobbles
PoliticsGreek Politicsprimary surplus that this year’s budget execution is expected to produce, will be shared out... additions and alterations to the draft law, which comes hot on the heels of the 2020 budget... Tsakalotos, claimed that the budget is not voter- or growth-friendly. He accused ND of a class-based
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Newsletter 237 -31/01/2020
with 32 percent, 85 percent international and 16 percent from Greece. 2 Budget primary surplus at 5.02 bln in Dec Full year figure beats target by 616 million euros The budget primary balance... of 91 million noted in December 2018, the final Finance Ministry (MoF) budget execution bulletin showed
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Newsletter 258 -07/17/2020
Budget primary at deficit of 5.86 bln Target shortfall widens to 6.18 billion in June The budget primary... of 381 million noted in June 2019, the preliminary Finance Ministry (MoF) budget execution bulletin... the negative effects of the coronavirus pandemic. State budget expenditures for the six-month period
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PM seeks fine balance as he prepares to unveil latest set of fiscal measures
PoliticsGreek Politicsthis will be enough to help them survive until 2021, when arrivals are expected to increase. Budget Kathimerini reports that the Finance Ministry is working towards a primary surplus budget for 2021... to the newspaper’s sources, it will submit a draft budget with a zero-primary balance, from a primary
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Newsletter 268 -09/10/2020
of state funding. Draft budget sees recovery of 7.5 pct in 2021 General govt primary cash deficit at 5.49 bln in August The Finance Ministry tabled in Parliament on Monday the draft budget for 2021... suffered in 2020 due to the pandemic. The draft budget also sees a bridging of the gap on the fiscal
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Newsletter 271 -30/10/2020
and cultural life, which constitute fundamental social rights,” the paper said. 2 Budget primary deficit at 7.01 bln September figure confirmed as missing target by 9.58 billion euros The budget primary... of 4.47 billion noted in September 2019, the final Finance Ministry (MoF) budget execution bulletin
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Newsletter 290 - 26/03/2021
just 2.7% growth this year Budget Office also draws attention to the issue of private debt currently in arrears Parliament’s Budget Office (PBO) published its report for the fourth quarter of 2020... for this year in Greece, Although the Finance Ministry’s estimates for 4.8 pct growth from the final budget
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Newsletter 316 - 12/11/2021
estimate that the Finance Ministry included in the draft budget submitted about a month ago. The Finance Ministry is also expected to revise up its own forecasts for this year in the final budget, due... growth above the Finance Ministry estimates in the draft budget of 4.5 pct, seen at 5.2 pct in 2022
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