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Greek primary cash surplus at 1.07 billion at end-May on lower expenditure
EconomyMacroeconomybudget execution bulletin by the Finance Ministry (MoF) are on a modified cash basis. Taking also.... The budget primary surplus of 1.51 billion for the 5-month period as reported by the MoF is higher by 386 million compared to the BoG primary cash surplus of 1.07 billion. This mainly reflects higher budget
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Newsletter 305 - 16/07/2021
. Building permits jump by 124.5 pct in April Budget data also shows primary deficit beating MTFS..., Finance Ministry data showed that the budget primary balance recorded a deficit of 9.09 billion... million euros, according to the preliminary budget execution bulletin for June. Expenditure excluding
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Newsletter 367 - 27/01/2023
Androulakis.EconomyInflation drove tax revenue overperformance in 2022The final budget execution data... the targets that were tabled in the budget by a wide margin. In the 2022 budget submission at the end... 2021, the month the final budget was tabled, the CPI recorded a 3.4 pct rise for October
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Tax revenues continue to outperform in Aug, as ministry explains frugal approach
EconomyMacroeconomyThe budget primary balance came to a surplus of 5.59 billion euros in August, compared to a surplus of 19 million euros in the same period of 2022, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday. In the first eight months of the year, the budget
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Newsletter 396 - 06/10/2023
of the year.EconomyDraft budget strong on fiscal discipline, bullish on growthThe submission to Parliament of the 2024 draft budget was the main development of the week as the Greek authorities are aware... budget the primary surplus goal of 1.1 pct of GDP, which was sent to Brussels in the spring, when
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Tax revenues beat target by 3.16 bln in Sep, as contained spending leads to 6 bln primary surplus
EconomyMacroeconomyThe budget primary balance came to a surplus of 5.98 billion euros in September, compared to a surplus of just 52 million euros in the same period of 2022, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday. In the nine months of the year, the budget
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Primary surplus confirmed at 5.83 bln in Nov on back of spending under-execution
EconomyMacroeconomyThe budget primary balance in November was confirmed at a surplus of 5.83 billion euros, compared... (MoF) budget execution data released on Wednesday. In the eleven months of the year, the budget... budget, came to 45.57 billion euros. Net revenues came to 59.16 billion euros. The budget balance up
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Primary surplus lands at 3.92 bln in 2023 thanks to significant underspend and RRF funds
EconomyMacroeconomyThe budget primary balance in December was confirmed at a surplus of 3.92 billion euros, compared... (MoF) budget execution data released on Thursday. For the full year 2023, the budget outperformed by 4.77 billion euros. Expenditure, excluding interest payments and the public investment budget
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Primary balance up to July confirmed at 7.94 bln due to underspend, tax revenues
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 7.94 billion euros up to July, compared... Ministry (MoF) budget execution data released on Monday. In the period, the budget primary balance... and the public investment budget, came to 30.39 billion euros. Net revenues came to 42.85 billion euros
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Primary surplus confirmed at 12.68 bln in Nov as underspend continues
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 12.68 billion euros up to November... Finance Ministry (MoF) budget execution data released on Monday. Following the 2026 final budget submission recently, all targets until the end of the year have been revised to reflect the budget
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