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Tax cuts spearhead Mitsotakis's message in Thessaloniki
PoliticsGreek Politicsthan being included in the 2020 budget being drafted by the Finance Ministry. One of the most... noted that there had been a budget overperformance during the summer... the 1.2 billion euros Greece is due to receive each year as budget revenues. The agreement made
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Newsletter 230 -29/11/2019
, at least 200 MPs will have to vote in favour of the bill. It remains to be seen if this majority... at 200 basis points for the volume of credit that is above the 187.5 percent of the quota... budget primary surplus confirmed at 5.74 bln Gross revenues came to 47.30 billion euros, above
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Pressure intensifies on govt for more radical interventions in energy markets
PoliticsGreek Politics, arguing that subsidies were not going to suffice. Tight budget The latest news on the budget front..., noting that the budget execution reached its limits following the recent support package. The fiscal... the inflation wave, 360 million euros for the reduction in the ENFIA property tax and 200 million euros
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Newsletter 34 - 10/07/2015
and 200 million in 2016. The government has also committed to implement the Council of State ruling... are estimated at between 200 and 300 million, with bank sources stating that the existing emergency... to be recapitalised sooner rather than later. Budget revenues are also expected to be hit, although a number
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Budget primary surplus of 2.38 bln by April, continues to beat target due to restricted spending
EconomyMacroeconomyGreece’s budget primary surplus reached 2.38 billion euros in the 4-month period of 2016 from 2.1... budget execution bulletin published on Thursday. The headline figure represents an outperformance... million), more than offsetting an underperformance of the Public Investment Budget (PIB
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Five-month budget primary surplus of 2.27 bln, revenues outperform in May
EconomyMacroeconomyGreece’s budget primary surplus stood at 2.27 billion euros in the 5-month period of 2016 up... budget execution bulletin showed on Thursday. The headline figure means there was an over-performance.... In contrast, Public Investment Budget (PIB) balance fell slightly short of target by 74 million
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Draft budget sees primary surplus at 1.8 pct of GDP in 2017, revenue interventions of 2.5 bln
EconomyMacroeconomydraft budget, which contains its fiscal estimates and the interventions needed to achieve them, as well... year is seen as having been exhausted at the end of first half. The draft budget assumes GDP... both the FAF target of 0.5 percent and last year’s budget forecast of 0.53 percent. The primary
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Aided by underspend, budget primary surplus reaches 1.84 bln in 5-month, 792 mln above target
EconomyMacroeconomyThe budget primary balance recorded a surplus of 1.84 billion euros in the 5-month period of 2017... budget execution bulletin showed on Wednesday. As we noted a month ago, the MoF updated in the May bulletin its previous annual budget estimates for 2017, included in the 2017 budget, with those
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Budget primary balance confirmed at deficit of 6.10 bln in June
EconomyMacroeconomyThe budget primary balance recorded a deficit of 6.10 billion euros in the first six months of 2020, compared to a surplus of 381 million noted in June 2019, the final Finance Ministry (MoF) budget... month last year, the primary deficit came to 535 million euros. The budget balance in the first six
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Budget primary deficit of 7.46 bln confirmed for July as revenues sag
EconomyMacroeconomyThe budget primary balance recorded a deficit of 7.46 billion euros in the first seven months...) budget execution bulletin for July showed on Thursday. The primary surplus was below its target by 8.63.... For the same month last year, the primary deficit came to 1.38 billion euros. The budget balance
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