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  1. 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%

  2. 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%

  3. 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%

  4. General government primary cash surplus grows to 4 bln by end-July, arrears fall to 6.9 bln

    EconomyMacroeconomy

    by 56 million to 102 million. On the other side of the spectrum, the surplus of the state budget... terms though, state budget remains the major contributor to the overall gg balance. According... in the previous month. It should be pointed out that in the July budget execution bulletin, MoF noted it paid

    5%

  5. Second review to resume in Athens under severe time pressure
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    on November 7 made a specific note of three items in the second review: The 2017 budget, the medium... by the Parliamentary Budget Office (PBO) revealed the institutions’ views on labour market reforms...-recurring. Furthermore, military procurement savings of 400 million that were included in the 2016 budget

    5%

  6. Greece and lenders make headway on review but labour reforms remain biggest obstacle
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    Euclid Tsakalotos on fiscal issues, particularly the 2017 budget. Specifically, Finance Ministry sources... on the measures of the 2017 budget, which is due to be tabled on Monday at 6 pm. According... the draft budget tabled on October included a slightly higher figure of 1.8 percent of GDP. Finance

    5%

  7. Last bailout tranche just days away as pension discussion looms
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyProgramme

    in the coming weeks, particularly on the issue of next year’s pension cuts. The German Parliament’s budget... of October. The issue that is expected to dominate the agenda is the drafting of next year’s budget... Moscovici suggested recently that there could be room for changes if the budget performance allows

    5%

  8. Athens moves quickly to scrap pension cuts as Eurogroup inches forward on euro reform

    EconomyProgramme

    for next year being cancelled. Eurozone finance ministers gave Greece’s 2019 budget the green light..., Eurogroup president Mario Centeno confirmed that the eurozone ministers gave Greece’s budget the green light... back by June 2019.” More discussions are also needed on the eurozone budget, another topic

    5%

  9. A snapshot of the Greek economy

    Agora

    to examine state of the Greek economy at this early point of the year Budget balance: According to the Ministry of Finance, the Greek government budget achieved a primary surplus of 729 million for January, against a primary deficit target of 103 million. During the same period last year, the budget

    5%

  10. Second day of review yields progress, work needed on fiscal front
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    have been settled on this trip, ahead of the draft budget that is due to be tabled to Parliament... and ANFA profits and whether those can be used in the budget to create some fiscal space. According to a finance ministry official, the discussions on next year’s budget are based on three scenarios

    5%