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Budget execution shows primary surplus of 711 mln, 503 mln ahead of target
EconomyMacroeconomydata released by the Ministry of Finance (MoF) on Thursday. The state budget deficit to May... from +390 million to April). The monthly figures show a primary deficit of 335 million in May, which is lower than the 495 million recorded in April. In contrast, the May budget deficit stood at 839
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Newsletter 25 - 08/05/2015
Covered for May Government will find payment deadlines very difficult to meet in June This week, the Greek state concluded the first two of its May debt servicing payments. One was an interest payment of around 200 million euros to the IMF on May 6. Initially due on May Day, payment was postponed
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Newsletter 82 - 15/07/2016
in May after a 3.3 percent increase in April. The positive performance in May fully reflects a rebound... euros in May, much higher than the 694 million rise in April. The aggregate figure for the year so far... (i.e. those created before 2016) eased by 254 million euros to 83.31 billion in May, largely due
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Greek primary budget surplus reaches 712 mln in first half of 2014
Economy, the first half primary surplus widened the outperformance to 1.35 billion euros from 503 million to May... in June from 844 million in May and 698 million in April. Revenues (excluding tax refunds) retained... increase in May. The year to date figure stood at 22.21 billion euros, up 3.9 percent. The revenue
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Newsletter 80 - 01/07/2016
Surplus follows underspend May tax revenues beat target The final budget execution bulletin.... Revenues (before tax refunds) strongly rebounded by 15.9 percent in May and overall by 2.5 percent... eased 2.4 percent in May and 1.1 percent in the first five months to 15.49 billion, 2.06 billion lower
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Newsletter 123 - 16/06/2017
into the local market. Regarding debt relief, the Eurogroup statement repeated the commitments made in May 2016... change to the “if necessary” that had been used in the May 2016 Eurogroup text. Thursday’s document also... and in May 2016 are the larger bailout disbursement, the more detailed reference to maturity
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Newsletter 168 -29/06/2018
. 2 May budget primary surplus at 1.53 bln Confirmed figure beats the target by 1.35 bln The budget..., the Finance Ministry (MoF) final budget execution bulletin for May showed this way. Last year’s figure... to 102.5 versus the reading of 104.2 in May, European Commission (EC) figures revealed this week
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Newsletter 170 -13/07/2018
elections, which the government may be lining up for May 2019. The chances of general elections being... in May. This would mean the first round of the municipal and regional vote coinciding with the European Parliament ballot, which is due to take place on Sunday, May 26. A second round of local voting
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New overdue taxes rise by 428 mln in June, total stock above 102 bln
EconomyMacroeconomyGreece’s new tax debt’s month-on-month rise came to 428 million in June, slowing from May’s rise... to above 500 million in May, new unpaid obligations from tax categories showed a rise of 392 million... level for the year so far. May’s VAT collectability rate had stood at 85.2 percent. The amount of VAT
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Newsletter 300 - 11/06/2021
of restrictions on outdoor gatherings – will offer a stark contrast to the fractured May Day celebrations where parties very deliberately chose to hold separate events. While the bill looks likely to pass, it may... contest is in sight, but it may well change the calculus over the longer term. Earlier in the week
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