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Marked improvement for budget execution in Oct, primary surplus outperformance extended
EconomyMacroeconomyFollowing a deteriorated fiscal performance in September, Greece’s budget primary balance showed... (MoF) preliminary budget figures showed on Friday. The October balance is the second highest monthly... expenditure (by 2.82 billion), higher Public Investment Budget (PIB) balance (by 821 million) and lower tax
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Notable increase in grants to social security sector leads to budget primary deficit in Nov
EconomyGreece’s budget primary surplus was confirmed at 4.34 billion euros in the 11-month period of 2015...) final budget figures published on December 24. However, the monthly evolution shows a primary..., the 11-month budget primary surplus over-performed by 1.69 billion euros largely due to lower primary
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Jan-Feb budget primary surplus soars to 3.04 bln, aided by underspend and PIB revenues
EconomyMacroeconomyGreece’s budget primary surplus for the first two months of 2016 was confirmed at 3.04 billion euros from 1.24 billion last year, according to Wednesday’s Finance Ministry (MoF) final budget bulletin displayed. The marked fiscal improvement is largely attributed to soaring Public Investment Budget
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Budget primary surplus at 3.02 bln in July, above target by 926 mln on strong underspend
EconomyMacroeconomyThe budget primary surplus was confirmed at 3.02 billion euros in July, up by 11.4 percent against the figure from last year which stood at 2.72 billion, the Finance Ministry (MoF) final budget.... In addition, the Public Investment Budget (PIB) balance was above the target by 46 million. The monthly
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European Commission approves 2019 budget, urges focus to meet end of year reform goals
EconomyProgrammea budget for 2019 in compliance with the commitment to achieve a primary surplus of 3.5 percent... to meet the objectives. More specifically, the package of discretionary measures in the 2019 budget has been finalised and meets the agreed primary surplus target with the overall budget balance next
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Budget primary surplus at 1.46 bln in Apr, above target by 2.13 bln
EconomyMacroeconomyThe budget primary balance recorded a surplus of 1.46 billion euros in the first four months... budget execution bulletin showed on Wednesday. The primary surplus surpassed its target by 2.13... for the same month last year which showed a deficit of 79 million euros. The budget balance in the first
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Athens strives to bridge fiscal gap before unveiling 2020 draft budget
EconomyProgrammegap for 2020 before the draft budget is submitted to Brussels on October 15. Speaking to Ta Nea... that the issue will be settled by the time the draft 2020 budget is sent to the European Commission..., that the idea the money could be recorded as budget revenues, which was floated in the Greek media
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Budget primary balance to May beats target by wide margin, taxes continue to outperform
EconomyMacroeconomyThe budget primary balance for the first five months of 2022 came to a deficit of 1.49 billion... to the preliminary Finance Ministry (MoF) budget execution data released on Wednesday. The primary balance beat... of the year. Expenditure, excluding interest payments and the public investment budget, came to 20.6
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VAT and income tax boost revenues, budget underspend at 4.25 bln in Sep
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 8.74 billion euros in September, compared... Ministry (MoF) budget execution data released on Friday. Up to September, the budget primary balance... investment budget, came to 36.03 billion euros. Net revenues came to 50.9 billion euros. The total budget
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Budget starts 2025 strongly, registers 2-bln-euro surplus
EconomyMacroeconomyThe budget primary balance opened the new year with a surplus of 2 billion euros in January, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday... interest payments and the public investment budget, came to 3.53 billion euros. Net revenues were 6.01
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