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  1. Revenues beat target for third straight month, put primary surplus in sight

    Economy

    The budget execution to September showed revenues beating monthly targets by 339 million euros... Investment Budget (PIB) revenues of 2.2 billion. Nevertheless, a Jan-Sep primary surplus of 1.12 billion and a budget deficit of 4.17 billion widened target outperformance to 4.0 billion at the end

    5%
  2. Greek primary surplus at 1.5 bln in Q1, aided by PIB and social underspend

    Economy

    Greece’s budget execution showed a primary surplus of 1.54 billion euros in the first quarter... to the final data released by the Ministry of Finance (MoF). Although the state budget balance... reflects a stronger fiscal performance in the first two months of the year. The budget outcome

    5%
  3. Greek central government primary cash surplus to August at 2.3 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    (MoF) in the budget execution bulletin are calculated on a modified cash basis. The breakdown... by 20.4 percent. Compared to the 8-month budget figure of 29.58 billion, the BoG cash revenue item... a mid single-digit drop of 4.9 percent to 32.14 billion. This compares with the 8-month budget figure

    5%
  4. Fiscal consolidation leads Greek 9-month primary cash balance to 2.76 bln

    EconomyMacroeconomy

    basis, while the respective items presented by the Ministry of Finance (MoF) in the budget execution... with the 9-month budget figure of 33.87 billion euros indicates that the BoG cash revenue item is lower... budget figure of 35.91 billion euros, BoG underlying item is lower by 230 million. Interest payments

    5%
  5. Drop in revenues drives Jan central government primary cash deficit to 149 mln

    EconomyMacroeconomy

    items presented by the Ministry of Finance (MoF) in the budget execution bulletin are calculated... to 3.13 billion euros in January from 4.47 billion last year. The MoF preliminary budget data... 11.3 percent to 3.2 billion. The drop in the respective state budget execution item was slightly lower

    5%
  6. Greek central gov’t cash surplus shrinks 70 pct to 503 mln by February

    EconomyMacroeconomy

    compared to modified cash basis for the Ministry of Finance (MoF) in the budget execution bulletin... get a difference of 740 million. This is mainly attributed to higher budget revenues (by 563 million... budget execution figures published by the MoF on Friday displayed a slower drop in revenues by 7.3

    5%
  7. Higher revenues set to ease coalition's liquidity concerns
    Photo by MacroPolis

    EconomyProgramme

    . The first amount will be recorded in April’s state budget execution revenues. We understand... be reported in March’s budget execution revenues. The newspaper also noted that March revenues were... two months of the year. Naftermpotiki also reported that the Public Investment Budget (PIB) revenues

    5%
  8. Revenues 705 mln short in June but expenditure above target by 961 mln

    Economy

    Greece’s budget primary surplus widened to 1.88 billion euros in the first half of the year, from... to the Finance Ministry (MoF) preliminary budget bulletin published on Tuesday. Also, the outperformance... procurement (by 295 million) coupled with a higher Public Investment Budget (PIB) balance (by 1.54 billion

    5%
  9. Cash primary surplus improves by 32.4 pct to 3.07 bln on revenue boost in August

    EconomyMacroeconomy

    items included in the Finance Ministry (MoF) budget execution bulletin are reported on a modified cash... that BoG and MoF figures are not directly comparable. That said, the budget primary surplus of 3.8.... This largely stems from higher budget revenues (by 1.26 million) and expenditure (by 200 million) and change

    5%
  10. Justice can't be blind to facts in 2009 deficit case

    Agora

    , into the general government budget, and that the deficit was inflated to make sure that Greece would... measures demanded by lenders. For starters, whether the DEKOs should have been included in the budget... the 2009 budget to Parliament. It estimated growth of 5.9 percent of GDP and a state deficit of 8.8

    5%