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Newsletter 330 - 04/03/2022
will have to re-write this year’s budget due to the multiple effects of the war, which will become... firms and the government were hoping for further recovery this year. This year’s budget is based... included in the final budget of 2022. This will have a serious effect on disposable income and domestic
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Newsletter 352 - 23/09/2022
the draft budget for 2023. Finance Minister Christos Staikouras headed a press conference... surplus of 1 pct of GDP. The latest preliminary budget execution data is a source of optimism... because it is due to timing and circumstantial reasons. The latest detailed data on the budget
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Newsletter 393 - 15/09/2023
of a revised budget were given by Finance Minister Costis Hatzidakis in an interview with ANT-1 TV... million euros in emergency spending is set to be included in a supplementary budget. In order to meet... that the government was forced to abandon all handout announcements by the PM and prepare a supplementary budget
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Corporate taxation, underspend lead to 3 bln primary surplus in March
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of close to 3 billion euros in March... Ministry (MoF) budget execution data released on Tuesday. In March, the budget primary balance outperformed by 854 million euros. Expenditure, excluding interest payments and the public investment budget
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Strong tax performance and underspend push primary surplus up to 3.15 bln in May
EconomyMacroeconomyThe budget primary balance recorded a surplus of 3.15 billion euros in May, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday. Up to May, the primary... payments and the public investment budget, came to 19.88 billion euros. Net revenues were 26.84 billion
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VAT and income tax takings plus 721 mln underspend lead to 3.2 bln primary surplus in May
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 3.2 billion euros in May, compared... (MoF) budget execution data released on Tuesday. In May, the budget primary balance outperformed by 2.4 billion euros. Expenditure, excluding interest payments and the public investment budget, came
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Strong tax performance and underspend push 6M primary surplus to 1.7 bln above target
EconomyMacroeconomyThe budget primary balance recorded a surplus of 2.9 billion euros by June, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday. During the first six..., excluding interest payments and the public investment budget, came to 24.15 billion euros. Net revenues were
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Primary surplus reaches 2.91 bln in Jun as VAT and corporate tax lead revenue outperformance
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 2.91 billion euros in June, compared... Ministry (MoF) budget execution data released on Friday. Up to June, the budget primary balance outperformed by 1.7 billion euros. Expenditure, excluding interest payments and the public investment budget
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Primary balance 4 bln above target in Jul due to underspend and tax performance
EconomyMacroeconomyThe budget primary balance recorded a surplus of 5.68 billion euros by July, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Friday. During the first..., excluding interest payments and the public investment budget, came to 28.27 billion euros. Net
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Significant underspend pushes 8M primary balance to 7.57 bln
EconomyMacroeconomyThe budget primary balance recorded a surplus of 7.57 billion euros by August, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Tuesday. During the eight..., excluding interest payments and the public investment budget, came to 31.99 billion euros. Net revenues
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