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Newsletter 302 - 18/06/2021
recovery from Covid The Finance Ministry submitted to Parliament the latest Medium-Term Fiscal... to an unemployment rate of 11.1 pct in 2025, from 16.3 pct this year. In the presentation made by Finance
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Primary cash balance deficit at 9.27 bln in June
EconomyMacroeconomyshowed a deficit of 6.71 billion euros. The Finance Ministry released its own preliminary data last..., compared with a deficit of 6.1 billion in the same period of 2020. However, the Finance Ministry
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Primary cash balance deficit at 8.67 bln in July
EconomyMacroeconomyof 3.26 billion euros. The Finance Ministry released its own preliminary data this week that showed..., compared with a deficit of 7.46 billion in the same period of 2020. However, the Finance Ministry
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Opposition questions true scale of PM's handouts, as speculation grows about snap polls
PoliticsGreek PoliticsOpposition parties have been picking holes in New Democracy’s economic programme, which Finance Minister Christos Staikouras detailed on Monday following the prime minister’s address... measures. SYRIZA’s former finance minister Euclid Tsakalotos said Mitsotakis’s announcements could
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RRF injection pushes primary balance above target, but regular tax revenues short by 504 mln
EconomyMacroeconomyThe budget primary balance recorded a deficit of 6.39 billion euros in the first eight months of 2021, compared with a deficit of 5.48 billion in the same period last year, the preliminary Finance... billion euros, above target by 2.45 billion euros. The Finance Ministry adds that the main reason
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Budget deficit of 6.38 bln in Aug confirmed; target beaten due to one offs
EconomyMacroeconomyThe budget primary balance was confirmed at a deficit of 6.38 billion euros in the first eight months of 2021, compared with a deficit of 5.48 billion in the same period last year, the final Finance... billion euros, which was 2.45 billion euros above target. The Finance Ministry explained
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ND walks tightrope with 2022 budget, looks for answer to inflation
PoliticsGreek Politics(2023). The Finance Ministry’s main goal next year will be to reduce the primary deficit substantially... further growth, Finance Minister Christos Staikouras outlined in an interview with To Vima. It is highly
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Tax revenue overperformance in Sep confirmed, primary budget deficit at 5.96 bln
EconomyMacroeconomyThe budget primary balance was confirmed at a deficit of 5.96 billion euros in the first nine months of 2021, compared with a deficit of 7 billion in the same period last year, the final Finance... euros, which was 1.36 billion euros above target. The Finance Ministry has previously explained
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Primary balance on target in Oct, revenues beat target thanks to tax and tourism VAT
EconomyMacroeconomyThe budget primary balance up to October landed at a deficit of 7.2 billion euros, compared with a deficit of 9.07 billion in the same period last year, according to the preliminary Finance Ministry... to 44.13 billion euros, short of the target by 338 million euros. The Finance Ministry adds
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Central gov net cash position shows deficit reined in from last year to 6.97 bln
EconomyMacroeconomyof 2020, the PIB balance showed a deficit of 2.57 billion euros. The Finance Ministry released its.... However, the Finance Ministry and Bank of Greece apply different accounting methods, so the figures
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