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  1. General govt primary cash surplus at 6.25 bln in September, arrears drop by 82 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    to the Finance Ministry’s (MoF) monthly gg bulletin. The surplus was led by the state budget primary... governments fell by 166 million euros to stand at 233 million euros. The breakdown of the state budget... by SSFs (+15 million) and state budget (+8 million). Declines were seen in tax refunds (-118 million

    2%

  2. Study proposes higher public spending to counter expected rise in NPLs
    By Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    budget balance, the rate of change of business or consumer NPLs falls by between 0.11 percent to 0.36... in the required primary surpluses of the state budget for as long as necessary in order to support the economy... that the role of the budget balance and the state deficit budget on the development of NPLs should

    2%

  3. General govt primary cash deficit of 1.85 bln in Apr as revenues decline
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    million. Overall, the state budget primary balance showed a fall of 2.68 billion euros, landing at a deficit of 1.52 billion euros. The budget primary balance for the same time last year came... hospitals with a fall of 13 million euros. This was followed by state budget and local governments

    2%

  4. General govt primary cash deficit of 4.84 bln in May, arrears drop by 163 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    . Overall, the state budget primary balance showed a fall of 5.53 billion euros, landing at a deficit of 4.85 billion euros. The budget primary balance for the same time last year came to a surplus... budget and local governments (-37 million each). Hospitals fell by a slight 5 million, and local

    2%

  5. General govt primary cash deficit at 5.48 bln in June as tax revenues fall

    EconomyMacroeconomy

    million. Overall, the state budget primary balance showed a fall of 6.36 billion euros, landing at a deficit of 6.10 billion euros. The budget primary balance for the same time last year came to a surplus... budget (-7 million) and extrabudgetary funds (-4 million). Since the start of the year, total arrears

    2%

  6. Newsletter 261 -07/08/2020

    Newsletters

    governments, a rise of 143 million euros was seen, taking the total to 326 million. Overall, the state budget.... The budget primary balance for the same time last year came to a surplus of 253 million euros...). Declines were seen in local governments (-8 million), state budget (-7 million) and extrabudgetary

    2%

  7. PBO highlights pandemic impact on economy, sees 2020 recession of 8.5 to 9.4 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s Parliamentary Budget Office (PBO) issued its Q2 2020 report in which it takes stock... and the recession on the budget execution. The first seven months of the year have a primary deficit... budget having been used for certain pandemic related measures higher by 3.12 billion and primary

    2%

  8. General govt primary cash deficit at 7.01 bln in Sept, arrears up by 113 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    billion. Overall, the state budget primary balance showed a fall of 11.54 billion euros, landing at a deficit of 7.01 billion euros. The budget primary balance for the same time last year came... budget arrears by 35 million. Since the start of the year, total arrears have risen by 706 million

    2%

  9. GDP grows by 2.3 pct QoQ in Q3 and drops by 11.7 pct YoY as services exports crash
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent YoY. The Ministry of Finance’s revised 2020 budget expects private consumption to fall by 7.6... to drop by 30.3 percent in 2020 before rising by 22.5 percent in 2021 according to the latest budget... MoF budget sees imports of goods and services dropping by 17.4 percent this year before recovering

    2%

  10. General govt primary cash deficit of 9.07 bln in October, arrears drop by 250 mln

    EconomyMacroeconomy

    . Overall, the state budget primary balance showed a fall of 14.71 billion euros, landing at a deficit of 9.07 billion euros. The budget primary balance for the same time last year came to a surplus of 5.64... million), SSFs (-15 million), state budget (-4 million) and extrabudgetary funds (-2 million). Hospital

    2%