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Newsletter 162 -18/05/2018
, overall expenditure from January to April declined by 1.13 billion euros and came to 15.38 billion. Budget primary surplus at 2.33 bln in April Strong public investment budget underspend key driver behind the figure The budget primary balance came to a surplus of 2.33 billion euros in the first four
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Tsakalotos states case on pension cuts in bid to overcome lenders' reluctance
EconomyProgrammethis summer when its MPs on the Bundestag’s budget committee put on hold the approval of the final... for the Greek government is that the Bundestag’s budget committee will not approve the return... to submit its 2019 budget to Greek Parliament at the end of the month. This means that the draft 2019
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Lenders set to keep coalition waiting for answer on pension cuts
PoliticsGreek Politicssubmit the final 2019 budget to Greek Parliament by the end of November, preferably with the pension... the draft budget, which the Greek government is due to table in Parliament on October 1 and then send... of the draft budget in the Greek Parliament. The coalition looks set to be in the embarrassing
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Newsletter 180 -26/10/2018
presented a draft 2019 budget with two scenarios, adding that this created a good basis for discussions... driven by lower tax refunds and public investments The budget primary balance was confirmed at a surplus of 4.80 billion euros in the first nine months of 2018, according to the final budget execution
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Newsletter 181 -2/11/2018
Date eyed for deal on 2019 budget Nov 19 Eurogroup seen as key meeting as focus in Athens turns... the final version of the budget to Parliament at the end of the month. Finance Minister Euclid Tsakalotos... over the 2019 budget. IMF spokesman Gerry Rice has publicly confirmed that the Fund will leave it up
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Lenders focus on closing any fiscal gap for 2019 ahead of November 19 Eurogroup
EconomyProgrammeand the institution over the 2019 budget but the indications are that Athens will be allowed... surplus will not be put at risk. The Greek budget was not one of the official items on the agenda, which... at 766 million euros in the draft budget and it has been suggested that the Finance Ministry might have
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Primary surplus confirmed at 3.34 bln in Dec, misses annual target by 367 mln
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 3.34 billion euros in 2018, according to the final budget execution bulletin for December published by the Finance Ministry (MoF) on Friday... as had been originally scheduled. The budget balance in 2018 fell into negative territory and landed
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Primary surplus confirmed at 1.44 mln in Mar
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 1.44 billion euros in the first three...) final budget execution bulletin showed this week. The primary surplus surpassed its target by 2.40... for March 2018 which landed at a deficit of 816 million euros. The budget balance in the first three
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Finance Ministry, Stournaras disagree over fiscal space for expansionary measures
EconomyProgrammeconsolidation via lower spending in the Public Investment Budget, which will impact growth. Stournaras has... attention to the government’s budget, he would see that the fiscal space exists. Houliarakis Alternate..., or the state budget. Greece submitted to the European Commission earlier this month its Stability
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New team at Finance Ministry tasked with familiar old juggling act
PoliticsGreek Politicsbudget was badly derailed and that the new government couldn’t expect any favours in the form of easier...-electoral giveaways, which the institutions blame for derailing the budget. That may have saved votes... for it in talks with creditors over the 2020 budget starting in September. The bill will include
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