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Draft budget highlights taxpayer fatigue, creates policy mix doubts
EconomyMacroeconomyThe draft 2018 budget submitted to Parliament on Monday is the first formal confirmation... month and they took a major hit in July when unpaid taxes jumped by 2 billion euros. According to the latest budget execution data, in August revenues were 1.77 billion off target. The Finance Ministry
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Budget primary surplus at 617 mln in June as expenditure continues to fall below target
EconomyMacroeconomyThe budget primary balance came to a surplus of 617 million euros in the first six months of 2018, according to the preliminary budget execution bulletin for June published by the Finance Ministry.... The budget balance in the first half of 2018 recorded a deficit of 2.32 billion euros, marking
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Budget primary surplus confirmed at 635 mln in June on lower spending
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 635 million euros in the first six months of 2018, the Finance Ministry (MoF) final budget execution bulletin for June showed on Tuesday. Last... for the previous month. The balance for June 2017 landed on a surplus of 96 million. The budget balance
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Budget surplus confirmed at 3.16 billion in August
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 3.16 billion euros in the first eight months of 2018, according to the final budget execution bulletin for August published by the Finance... million euros. The budget balance in the first eight months of 2018 recorded a deficit of 1.22 billion
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Budget primary surplus at 6.46 bln in October on improved revenues and primary underspend
EconomyMacroeconomyThe budget primary balance came to a surplus of 6.46 billion euros in the first 10 months of 2018, according to the preliminary budget execution bulletin for October published by the Finance Ministry... in the previous month. The balance a year ago was notably lower at 788 million euros. The budget balance
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Budget passed as govt pins hopes on vaccine rollout to get economy on track
PoliticsGreek PoliticsThe 2021 budget was passed through Parliament on Tuesday night after five days of intense debate... with the votes of all its 158 MPs as all the opposition lawmakers voted against the budget, as expected. Prime Minister Kyriakos Mitsotakis described the budget as “clear and honest”. He highlighted
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Jan-May primary budget deficit contained at 1.49 bln on back of property tax, VAT intakes
EconomyMacroeconomyThe budget primary balance for the first five months of 2022 came to a deficit of 1.49 billion... to the final Finance Ministry (MoF) budget execution data released on Monday. The primary balance beat... budget, came to 20.6 billion euros. Net revenues reached 22.29 billion euros, above the target by 1.89
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Final budget sees 2.9 pct growth in 2024, primary surplus at 2.1 pct of GDP
EconomyMacroeconomyThe Finance Ministry submitted to Parliament the final budget for 2024, which sees growth picking... billion euros expected this year. The budget is expected to perform strongly in 2024, with the primary... and spending The budget sees revenues growing to 68.38 billion euros, from 65.2 billion euros expected
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Draft budget maps out narrow fiscal path for coming years
EconomyMacroeconomyand white in the draft budget for 2025, which was tabled to Parliament on Monday in the wake of the medium... budget for next year reflects the framework of fiscal discipline that started after the turbulent events... 2 pct of GDP and the new SGP rules that is designed to place caps on primary spending, they have
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Newsletter 223 -11/10/2019
Budget negotiations continue Athens still in talks with institutions on 2020 fiscal gap amid excess...’s draft budget as the two sides try to ensure that there is no danger of a fiscal gap appearing... in the final version of the budget. The economic plan includes tax relief and spending measures worth 1.2
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