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Budget primary deficit to Oct confirmed at 7.18 bln, improving from 9.07 bln last year
EconomyMacroeconomyThe budget primary balance landed at a deficit of 7.18 billion euros up to October 2021, compared with a deficit of 9.07 billion in the same period last year, the final Finance Ministry (MoF) budget... euros above the revised target. The Finance Ministry had previously explained that the revenues
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Primary cash deficit almost halved to 7.32 bln in Nov
EconomyMacroeconomyshowed a deficit of 3.56 billion euros. The Finance Ministry released its own preliminary budget..., compared with a deficit of 13.47 billion in the same period of 2020. However, the Finance Ministry
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Govt looks to tweak relief in anticipation of record Covid infections, new inflation high
PoliticsGreek Politicsimpact of the restrictions on individual businesses. The Finance Ministry has been at pains... of last year. Alternate Finance Minister for fiscal matters Theodoros Skylakakis underlined once again
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Central gov primary cash deficit plummets to 9.86 bln in 2021
EconomyMacroeconomyeuros. In 2020, the PIB balance showed a deficit of 5.1 billion euros. The Finance Ministry released... euros in 2021, compared with a deficit of 18.2 billion in 2020. However, the Finance Ministry applies
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Newsletter 324 - 21/01/2022
, at least temporarily. This proposal has been rejected by the Finance Ministry because of the hole it would create in public revenues. Speaking on TV this week, Finance Minister Christos Staikouras said
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Final budget data for 2021 affirms revenue overperformance, primary balance below 6 pct of GDP
EconomyMacroeconomyThe budget primary balance for the full year landed at a deficit of 10.33 billion euros in 2021, compared to a deficit of 18.2 billion in 2020, according to the final Finance Ministry (MoF) budget.... In the final budget for 2022, the Finance Ministry assumes nominal 2021 GDP at 177.61 billion euros
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Inflation to persist, creating more economic policy challenges
EconomyMacroeconomy. Although the final budget for 2022 was debated in Parliament in December, the Finance Ministry had... costs, retail prices would soon reflect those challenges. During a radio interview on Tuesday, Finance
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Central govt primary cash deficit narrows appreciably to 429 mln in Jan
EconomyMacroeconomymillion in January last year. The Finance Ministry released its own preliminary budget this week... euros in January 2021. However, the Finance Ministry applies a modified cash method, so the figures
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Pressure intensifies on govt for more radical interventions in energy markets
PoliticsGreek Politicsin the manufacturing sector approached the development and finance ministries on Monday with a request for cuts... underlines the challenge that the government faces in funding additional measures. Finance Minister
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Inflation triggers political machinations, move to increase budget spending
PoliticsGreek Politicsand businesses but also to stop the party’s slide in opinion polls. Finance Minister Christos Staikouras... at the moment. Alternate Finance Minister Theodoros Skylakakis suggested on Wednesday that Russia’s
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