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Budget primary balance confirmed at deficit of 6.10 bln in June
EconomyMacroeconomythe monthly target. MoF noted that this decrease was mainly due to the adoption of tax relief measures... mainly due to the expenditure of the special purpose compensation of about 998 million euros due... increased PIB outflows by 1.93 million euros mainly due to the expenditure of the special purpose
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Budget deficit balloons to 8.2 bln euros in July amid measures linked to pandemic
EconomyMacroeconomyof the decrease was mainly due to the adoption of tax relief measures such as the suspension of VAT... that the movements in expenditure against the target were mainly due to the expenditure of the special... and Social Affairs. In addition, there were increased PIB outflows by 2.29 billion euros mainly due
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Budget primary shows deficit of 7.01 bln as revenues suffer in September
EconomyMacroeconomy, was mainly due to the reduction in economic activity due to the pandemic, the impact of measures taken... the target by 5 billion. The MoF said that the movements in expenditure against the target were mainly... mainly due to the expenditure of the special purpose compensation to firms and self-employed
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Budget primary shows deficit of 7.01 bln in September
EconomyMacroeconomy. The MoF said that the significant reduction of revenues, despite the increased PIB revenues, was mainly... in expenditure against the target were mainly due to the expenditure of the special purpose compensation... increased by 2.42 billion euros mainly due to the expenditure of the special purpose compensation
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Budget primary shows deficit of 9.06 bln in October
EconomyMacroeconomythat the movements in expenditure against the target were mainly due to the expenditure of the special purpose..., there were increased PIB outflows by 2.28 billion euros mainly due to the expenditure of 494 million euros... billion, mainly due to PIB payments and transfers. PIB PIB revenues stood at 605 million euros
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Budget primary shows deficit of 18.20 bln in 2020, total deficit at 22.81 bln
EconomyMacroeconomythe target of 46.45 billion euros. The MoF said that this was mainly due to the fact that in December... in expenditure against the target were mainly because of the ordinary budget. A number of pandemic-related... higher than the same period last year by 14.90 billion, mainly due to PIB payments and transfers
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Greek budget outperformed targets by 3.9bn euros to August, preliminary figures show
Economycompared to last year (mainly reflecting last year’s PSI), resulted in a higher cut of total...: a) tax collection, with part of H1’13 targeted revenues - mainly income and real estate property
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General government bottom line continues to improve with moderate decrease in arrears
EconomyMacroeconomyto a cash correction of 4.3 billion mainly stemming from settlement of arrears and tax refunds. As a result... the end of last year mainly reflects repayments of 4.09 billion over the same period, implying that new
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Greece's current account in surplus for the fourth consecutive month
EconomyMacroeconomyon year (yoy) mainly reflects an increase in the income and current transfers’ deficits by 295... by 130 percent to 3.75 billion, mainly owed to higher general government net transfer receipts from
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Disposable income plunged 9.3 pct in Q2, dragging consumption down with it
EconomyMacroeconomyof -7.4 percent. The ongoing downward trend mainly reflects a decrease in the compensation of employees... in property taxes this year, mainly related to the payment of past years’ tax obligations, the second
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