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  1. Newsletter 322 - 07/01/2022

    Newsletters

    tests 2022 budget from start as inflation also troublesWhen it was tabled in Parliament on November 19, the 2022 budget envisaged that the pandemic would mostly be left behind by the end of the first... from 2.9 billion euros seen in the draft budget in October due to expenditures affecting the ordinary

    5%

  2. Primary surplus at 4.52 bln by Jun thanks to strong taxes, contained spending

    EconomyMacroeconomy

    The budget primary balance was confirmed at a surplus of 4.52 billion euros up to June, compared... Ministry (MoF) budget execution data released on Friday. In the period, the budget primary balance... and the public investment budget, came to 26.18 billion euros. Net revenues came to 34.38 billion euros

    5%

  3. Significantly contained spending pushes July primary surplus 4.36 bln above target

    EconomyMacroeconomy

    The budget primary balance produced a surplus of 7.96 billion euros up to July, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday. The primary... and the public investment budget, came to 30.38 billion euros. Net revenues were 42.86 billion euros

    5%

  4. Underspend and taxes push primary balance up to Aug 3.77 bln above target

    EconomyMacroeconomy

    The budget primary balance produced a surplus of 8.7 billion euros up to August, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday. The primary... and the public investment budget, came to 34.68 billion euros. Net revenues were 48.46 billion euros

    5%

  5. Strong tax revenues, major underspend lead primary surplus 3.57 bln above target in Aug
    Finance Ministry

    EconomyMacroeconomy

    The budget primary balance was confirmed at a surplus of 8.5 billion euros up to August, compared... Ministry (MoF) budget execution data released on Thursday. In the period, the budget primary balance... and the public investment budget, came to 34.87 billion euros. Net revenues came to 48.46 billion euros

    5%

  6. Government budgeting on a late RRF sprint

    EconomyMacroeconomy

    The draft budget for 2026 tabled in Parliament last week contained interesting signals for further... in previous years was affirmed in the latest budget submission, with the outlook for this year’s fixed... to grow by 5.7 pct this year, against an estimate of growth of 8.4 pct in the budget that was submitted

    5%

  7. Tax collections and contained spending take primary surplus 4.15 bln above target in Sep
    Finance Ministry

    EconomyMacroeconomy

    The budget primary balance produced a surplus of 9.36 billion euros up to September, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Wednesday... and the public investment budget, came to 39.56 billion euros. Net revenues were 54.57 billion euros

    5%

  8. Jan primary surplus at 3.5 bln as underspend continues into 2026

    EconomyMacroeconomy

    The budget primary balance produced a surplus of 3.5 billion euros at the opening month of 2026, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday... payments and the public investment budget, came to 2.41 billion euros. Net revenues were 6.14 billion

    5%

  9. Tailor-made Maastricht criteria for Greece?
    Photo by MacroPolis

    Agora

    interesting detail is that the 5 percent nominal growth rate can be thought of as 2 percent... for a maximum debt ratio of 60 percent, then the tolerable maximum deficit would have been 2 percent..., and a possible reform of the Maastricht Criteria? Table 2 provides some data. Based on the most likely

    5%

  10. ProMacro_Scope
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    5%