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Newsletter 278 -14/12/2020
Budget adopted, recovery targeted Govt looking to investments and Covid-19 vaccine to underpin growth in 2019 Having secured the adoption of the 2021 budget in Parliament this week, the government... was passed with the votes of all its 158 MPs as all the opposition lawmakers voted against the budget
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Greek primary budget surplus eases to 1.95 bln on back of lower revenues in Aug
EconomyGreece’s budget execution showed the primary surplus narrowing to 1.95 billion euros in the 8-month... to a primary surplus of 1.57 billion in July. The weaker primary budget balance in August is attributed..., but well below the 6.04 billion recorded in July. The 8-month budget deficit amounted to 2.85 billion
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Budget deficit balloons to 8.2 bln euros in July amid measures linked to pandemic
EconomyMacroeconomyThe budget primary balance widened substantially in July to 8.2 billion euros, from a deficit of 6.10 billion euros in the first six months of 2020, preliminary Finance Ministry (MoF) budget... in the 2020 budget last autumn before even any hint of the pandemic make little sense at this stage
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Budget primary confirmed at deficit of 9.07 bln in October
EconomyMacroeconomyThe budget primary balance recorded a deficit of 9.07 billion euros in the first ten months of 2020...) budget execution bulletin for October showed on Wednesday. In light of the final 2021 budget recently.... In the preliminary budget execution release for October, the primary balance was off target by 12.32
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Budget primary deficit confirmed at 1.5 bln in Feb, beating target
EconomyMacroeconomyThe budget primary balance recorded a deficit of 1.5 billion euros in the two month of 2021, compared with a surplus of 831 million in the same period of 2020, the final Finance Ministry (MoF) budget... euros. Expenditure excluding interest payments and the public investment budget came to 8.19 billion
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Budget primary deficit beats March goal amid resilient income tax take
EconomyMacroeconomyThe budget primary balance recorded a deficit of 3.41 billion euros in the first three months... (MoF) budget execution bulletin for March showed on Monday. The primary balance was above its target by 952 million euros. Expenditure excluding interest payments and the public investment budget came
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Budget primary shows deficit of 8.17 bln in May, falling below target
EconomyMacroeconomyThe budget primary balance recorded a deficit of 8.17 billion euros in the first five months... Ministry (MoF) budget execution bulletin for May showed on Tuesday. The primary balance was below its target by 998 million euros. Expenditure excluding interest payments and the public investment budget
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Newsletter 229 -22/11/2019
budget is tabled Completing the fourth enhanced surveillance review proved smooth sailing for the Greek... Greece’s draft budget as it complies with the post-programme fiscal commitment of a primary surplus... rate terms. Under the baseline scenario the debt is in a downward trend that keeps it above 100
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Greek primary budget surplus to August narrows to 1.95 bln on lower revenues
EconomyGreece’s budget execution showed the primary surplus narrowing to 1.95 billion in the 8-month.... The 8-month budget deficit stood at 2.85 billion, more than 1 billion higher compared to that posted in the 7-month period. Despite the poorer revenue performance in August, the 8-month primary budget surplus
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Athens prepares final 2019 budget after green light to ditch pension cuts
EconomyProgrammeThe government is set to submit the final version of the 2019 budget to Parliament on Wednesday... now, it appears that there is nothing stopping Athens from ditching the measure when the budget... established,” he added. Final budget Unlike the draft version, the final budget will include only one
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