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  1. Budget overperformance in Aug fuelled by VAT and income tax, spending significantly contained
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance in August was confirmed at a surplus of 5.6 billion euros, compared to a surplus of 19 million euros in the same month of 2022, according to the final Finance Ministry (MoF... euros below target. Just as in preliminary budget execution earlier in the month, the Finance

    2%
  2. Tax revenues beat target by 3.16 bln in Sep, as contained spending leads to 6 bln primary surplus
    Photo by MacroPolis

    EconomyMacroeconomy

    execution data released by the Finance Ministry (MoF) on Monday. In the nine months of the year, the budget... to 4.99 billion euros, 561 million more than the target. The Finance Ministry made a specific effort

    2%
  3. Expulsions hasten SYRIZA split as ND ploughs ahead in pursuit of political dominance
    Image: MacroPolis

    PoliticsGreek Politics

    along with former finance minister Euclid Tsakalotos on behalf of the “Umbrella” grouping... a seat in Parliament, decides to make his position clear. A potential departure by the former finance

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  4. VAT and income taxes buoy revenue performance as primary surplus target is beaten in Sep
    Finance Ministry

    EconomyMacroeconomy

    The budget primary balance in September was confirmed at a surplus of almost 6 billion euros, compared to a surplus of 52 million euros in the same month of 2022, according to the final Finance... by September. The Finance Ministry had noted last month that the revenue outperformance can

    2%
  5. Government faces uproar over tax evasion measures despite solid poll ratings
    Photo by MacroPolis

    PoliticsGreek Politics

    self-employed earners will be affected by the new scheme, which the Finance Ministry claims... as for the opposition. In September, Deputy Finance Minister Haris Theocharis was forced to walk back scenarios

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  6. Budget continues to outperform in Oct, paving way for 350 mln Christmas handout
    Finance Ministry

    EconomyMacroeconomy

    data released by the Finance Ministry (MoF) on Wednesday. In the ten months of the year, the budget... billion euros, 545 million more than the target. The Finance Ministry made a specific effort in last

    2%
  7. Solid revenues, contained spending lead to primary balance beating target by 2 bln in Nov
    Photo by MacroPolis

    EconomyMacroeconomy

    data released by the Finance Ministry (MoF) on Tuesday. In the eleven months of the year, the primary.... The Finance Ministry made a specific effort in last month’s releases to temper the expectations

    2%
  8. GDP continued to slow in Q4, rise for 2023 at 2 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    than the Finance Ministry estimate for last year. Outlook According to the latest Finance Ministry

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  9. Slower growth nixes handout plans, fires criticism of ND's economic policies
    Photo by MacroPolis

    PoliticsGreek Politics

    , as the budget foresaw expansion of 2.4 pct, and mean that the Finance Ministry will have to reexamine... to be less fiscal space than previously expected. It was no surprise, therefore, that Finance Minister

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  10. Newsletter 417 - 22/03/2024

    Newsletters

    September. The decision taken a few months ago was, according to Finance Ministry officials... category is finance, highlighting the progress made in the banking sector over the past five years

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