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Budget exudes fiscal stability, but hints at political complications
EconomyMacroeconomyLast week’s five-day debate on the 2025 budget concluded on Sunday without any complications... be considered the first budget of stability since Mitsotakis assumed office, as the first full year.... The 2025 budget sees the primary balance at 2.5 pct of GDP this year and will remain at that level
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Newsletter 185 -30/11/2018
by around 1.62 billion euros. The budget balance in the first 10 months was confirmed at a surplus... it will drop to less than 10 percent for properties worth 100,000 to 150,000 euros. Overall, almost 6... at 6.44 bln in October Monthly figure confirmed against revised budget targets The budget primary balance
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Newsletter 216 -26/07/2019
10, when the House will close for 10 days for the summer recess. All in all, the conservatives want to pass 10 draft laws in their first six months in power. The first bill was tabled on Thursday... bill will be lighter by 10 to 30 percent for all of them. The first of five instalments will have
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With troika OK pending, 2014 budget sees primary surplus at 1.6 pct of GDP
EconomyMacroeconomyThe Finance Ministry tabled on Thursday the 2014 budget to Parliament without the final approval... not yet been concluded. Thursday’s version of the budget followed a draft that was released on October 7. The key macro assumptions remained unchanged compared to the draft budget, while adjustments
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Budget execution shows surplus of 811 mln at start of 2014
EconomyMacroeconomyGreece’s budget execution showed a primary surplus of 811 million euros in January almost double... data released by the Ministry of Finance (MoF). The state budget surplus jumped to 595 million from... targets by 144 and 124 million respectively, reflecting a lower Public Investment Budget (PIB) balance
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Greek Jan-Apr primary budget surplus rises above 1 bln despite revenue shortfall
EconomyGreece’s budget execution showed a primary surplus of 1.05 billion euros in the first four months... by the Ministry of Finance (MoF) on Friday. The state budget deficit to April narrowed by 52.8 percent..., the April budget deficit narrowed 34.9 percent to 698 million. The four-month budget balance continues
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Greek primary budget surplus at 707 mln as revenues beat target in May
EconomyGreece’s budget execution showed a primary surplus of 707 million euros in the 5-month period from... released by the Ministry of Finance (MoF) on Tuesday. The state budget deficit to May narrowed... published on June 12. Then, the MoF had revised its full year budget forecasts according
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Greek budget primary surplus at 3.57 bln by end of November, beating target by 691 mln
EconomyMacroeconomyGreece’s budget execution posted a primary surplus of 3.57 billion euros in the 11-month period, according to the Finance Ministry (MoF) final budget bulletin. This is 33 million euros higher than... of 880 million by October. Similarly, the 11-month budget deficit reached 1.83 billion, 706 million
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Budget primary surplus grows in April thanks to one-off revenues and restricted spending
EconomyMacroeconomyGreece’s 4-month budget primary surplus more than doubled to 2.16 billion euros from 1.05 billion last year, according to the Finance Ministry (MoF) preliminary budget bulletin published on Wednesday... of non-payroll expenses. In addition, the Public Investment Budget (PIB) balance outperformed its
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Budget revenues rebound in August but shortfall remains at 4.2 bln
EconomyMacroeconomyGreece’s budget primary surplus almost doubled to 3.8 billion euros in the 8-month period of 2015 from 1.95 billion euros last year, the Finance Ministry (MoF) preliminary budget figures showed...) as well as higher Public Investment Budget (PIB) balance (by 1.44 billion) more than offsetting
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