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Cash primary surplus reaches 1.3 bln at end of June on lower expenditure
EconomyMacroeconomyhalf of 2015 more than double than the comparable 320 million for the corresponding period last year. The central government net balance remained negative displaying a deficit of 1.85 billion... above the respective budget figure of 3.3 billion. The Public Investment Budget (PIB) balance
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Cash primary surplus improves by 32.4 pct to 3.07 bln on revenue boost in August
EconomyMacroeconomy’ reported figures, we get a higher improvement in the adjusted primary cash surplus of more than 90 percent to 2.51 billion from 1.32 billion last year. The central government net balance was kept negative... billion in the 8-month period, 201 million lower than the respective budget figure of 4.9 billion
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Greece stands on fault line between vicious and virtuous cycles for 2016
AgoraTsipras himself, that Greece would pay pensions and salaries rather than the IMF if it was forced... dropped to a mere 77 million as more than 2.5 billion had been sapped in the previous twelve months..., turning into a cumulative deficit of 1.3 billion euros up to March. (Cash balance state budget and Primary
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Net job hirings of 14,437 in the Greek private sector in February
EconomyMacroeconomyThe employment balance displayed net hirings of 14,437 in February, down by 687 from last year’s... and 47,686 voluntary departures. More than 44 percent of January hirings relate to full-time employment, 40... contributors to the employment balance in February relate to January relate to accommodation (+1,993
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Newsletter 81 - 08/07/2016
years. He also expressed the view that each programme review would be easier than the previous one. He... at the end of May. New electoral law hangs in balance Critics say changes could lead to short-lived... the supermajority it is looking for hanging in the balance until then. If the government can secure 200 out
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General government primary cash surplus expands to 3.9 bln by August, arrears drop further to 6.3 bln
EconomyMacroeconomybalance turned to a surplus of 614 million from deficit of 637 million a year ago. In addition, local... budget is now the second key contributor to the overall gg primary balance after extrabudgetary.... Those figures most likely indicate transfers for arrears’ payments rather than actual payments
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Primary surplus up to 3.9 pct of GDP in 2016, far above target
EconomyMacroeconomy. The government has repeatedly argued that the significantly better than expected fiscal performance... would have been significantly stronger than what we expected for 2016”. However, he stressed... billion. The strong primary balance in 2016 led the overall turning positive to 1.22 billion (0.7
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Newsletter 134
of GDP FAF target by 823 million euros. The primary balance is expected to reach 3.57 percent of GDP... is even lower than in 2016, when it landed at 52.34 billion. In the draft budget, the total revenue... from social security funds (SSFs) which recorded a primary cash balance of 1.71 billion euros compared
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Unemployment rate at 20.9 pct in November, slight upward revision for October
EconomyMacroeconomyis 94,071 higher than that for the same time last year. The change in the number of unemployed... year, the balance is higher by 4,183, and represents the strongest balance for the month... than the OECD which expects the jobless rate to settle at 22.2 percent. The European Commission's
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Newsletter 154 -9/03/2018
rebound of 5.1 percent in gross fixed capital formation in 2017, with growth more than doubling... security funds (SSFs) primary balance, which fell by 265 million to 296 million. The local government primary balance also declined by 53 million to 84 million. Overall, the state budget primary surplus
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