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Newsletter 330 - 04/03/2022
will have to re-write this year’s budget due to the multiple effects of the war, which will become... 200 million euros annually, from roughly 450 million euros in 2012, and the dominance of foodstuff... firms and the government were hoping for further recovery this year. This year’s budget is based
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Newsletter 442 - 22/11/2024
. On Tuesday, Finance Minister Kostis Hatzidakis tabled the 2025 budget, which is due to be debated... the question of whether he would consider voting against the budget, commenting that, “anyone who knows... is high, requiring two thirds of Parliament to vote in favour, a total of 200 out of 300 MPs
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Significant underspend and tame taxes lead to primary surplus of 2.99 bln in Feb
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 2.99 billion euros for February 2026...) budget execution data released on Thursday. The primary balance up to February was 1.03 billion euros above the target. Expenditure, excluding interest payments and the public investment budget, came
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2014 draft budget: An ambitious fiscal consolidation targeting a primary surplus of 1.6 pct
EconomyMacroeconomyThe Ministry of Finance (MoF) tabled the 2014 draft budget to the Greek parliament on Monday... of ambitious budget consolidation with a further cut in primary expenditure by 2.77 billion year... has to be agreed with the troika mission until the submission of the final budget. On the primary
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October budget revenues beat target by 24% but gg arrears reach 2.47 bln in 2013
EconomyMacroeconomybudget execution. Furthermore, state arrears to the private sector slightly rose by 0.8 percent.... As expected, the state budget is the key element in the reported gg balance evolution. There is an important difference compared to the released budget execution for the same period, which relates
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Primary budget surplus in Nov at 1.2bln euros, 2013 target in reach
EconomyGreece’s budget execution to November showed a primary surplus of 1.21 billion euros from a deficit... (MoF) on Thursday. The state budget deficit narrowed 63.3 percent to 4.72 billion from 12.85 billion.... After Parliament approved the 2014 budget on December 7, the MoF revised 2013 and 11-month targets
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A closer look at Greece's 2013 budget primary surplus of 603 mln
EconomyMacroeconomyGreece’s 2013 budget execution showed a primary surplus of 603 million euros from a deficit of 3.46...). The state budget deficit narrowed 65.3 percent to 5.44 billion from 15.69 billion in 2012. However... in the preliminary bulletin, the MoF recorded a large part of the Public Investment Budget (PIB) expenditure
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Primary surplus at 2.1 bln in Feb, ahead of budget execution target
EconomyMacroeconomyGreece’s budget execution showed a primary surplus of 2.1 billion euros to February, more than five... to the preliminary data released by the Ministry of Finance (MoF) on Tuesday. The state budget balance... to the exceptionally strong Public Investment budget (PIB) revenues of 1.56 billion in February. Revenues
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EU funds and limited expenditure drive primary budget surplus to 2 bln in Feb
EconomyGreece’s budget execution showed a primary surplus of 2.06 billion euros to February, which is over... to the final data released by the Ministry of Finance (MoF) on Monday. The state budget balance... Budget (PIB) revenues of 1.56 billion in February (from just 32 million recorded in January), which
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Primary budget surplus passes 1-bln mark for 2014 but revenue shortfall widening
EconomyGreece’s budget execution showed a primary surplus of 1.05 billion euros in the first four months... to the preliminary data released by the Ministry of Finance (MoF) on Tuesday. The state budget deficit... levels, the budget balance in the four-month period continues to beat targets by around 300 million euros
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