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Government tables 2025 budget, seeing stable growth, solid public finances and lower debt
EconomyMacroeconomyThe Finance Ministry tabled in Parliament on Wednesday the final budget for 2025, which sees stable... budget affirms the solid tax performance this year, exceeding the initial target by nearly 4 billion... euros from rises in pensions. The public debt composition sees bonds exceeding 100 billion euros
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Newsletter 172 -27/07/2018
of circumstances that they encountered, primarily due to the strong wind (around 100 km/hour), the effort... between 2 percent and 2.5 percent over the next three years, with the potential of stronger growth... and came to 1.12 billion euros, whereas outside of the EU receipts dropped by 2 percent to 312 million
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General govt primary cash deficit of 7.46 bln in June, arrears drop by 10 mln
EconomyMacroeconomyagainst 1.24 billion euros last year. Overall, the state budget primary balance showed a fall of 9.33 billion euros, landing at a deficit of 7.46 billion euros. The budget primary balance for the same time... a decline of 27 million euros, while a rise of 100 million was seen in transfers. Expenditure rose by 2.66
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The pension and revenue interventions Greece has to make to meet its 2016 fiscal target
EconomyProgrammesavings of 1 percent of GDP for 2016. In the 2016 budget, the Finance Ministry (MoF) adopted those cost... stable. On the revenue front, the 2016 budget includes measures of 2.2 billion euros in 2016 to meet... in six large islands as of October. 2) Increase in the solidarity levy rates for annual income above
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General govt primary cash surplus at 4.10 bln in seven-month, arrears rise to 5.44 bln
EconomyMacroeconomy. The deficit in local government eased to 2 million euros, improving on the previous month’s deficit of 100 million euros but still underperforming the surplus of 103 million recorded a year earlier. The primary surplus of the state budget fell by 217 million to stand at 1.68 billion. The breakdown
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Newsletter 220 -20/09/2019
much of their focus on next year’s budget, particularly in terms of how the relief measures... space will be sought by cutting the budget for the Public Investment Programme, a cross-government... the budget approximately 70 million on the interest bill. The Greek government appears to have submitted
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Newsletter 252 -29/05/2020
season. SYRIZA’s proposals include covering 100 percent of employment costs for businesses which... plank of SYRIZA’s plan is an emergency minimum income payment to almost 2 million qualifying households. The measure, which Tsipras described as “helicopter money”, would cost the budget 3.5 billion
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No time for Tsipras to celebrate as long list of tasks means pressure is on from start
EconomyProgrammein October a supplementary 2015 budget, the draft 2016 budget (historically due on the first Monday... integrating into the ITC the solidarity levy as of 2016. 2) Identify all business income tax.... 7) Better target eligibility to halve heating oil subsidies in 2016 budget. 8) Permanently reduce
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Budget primary surplus up to 1.73 bln in Q1 as gov't holds back expenditure
EconomyMacroeconomyGreece’s 3-month budget primary surplus was confirmed at 1.73 billion euros, up 12.4 percent, according to the Finance Ministry (MoF) final budget bulletin published on Friday. Preliminary figures... Budget (PIB) surplus (857 million). This offset the lower revenues for the period (389 million
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Budget primary surplus of 2.28 bln in first five months of 2016, tax revenues beat target in May
EconomyMacroeconomyGreece’s budget primary surplus was confirmed at 2.28 billion euros in the 5-month period of 2016... Ministry’s (MoF) final budget execution bulletin released on Monday. Compared to the target.... On the flipside, the Public Investment Budget (PIB) balance fell slightly short of target by 74 million
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