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  1. Significant underspend and tame taxes lead to primary surplus of 2.99 bln in Feb

    EconomyMacroeconomy

    The 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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  2. Primary surplus at 4.37 bln up to March thanks to deferred spending, VAT intakes

    EconomyMacroeconomy

    The budget primary balance was confirmed at a surplus of 4.37 billion euros for March 2026...) budget execution data released on Monday. The primary balance up to March was 1.58 billion euros above the target. Expenditure, excluding interest payments and the public investment budget, came

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  3. Terms & conditions
    No image available

    of the following sections (1) Home, (2) Politics, (3) Economy, (4) Society, (5) Statistics, (6) Charts, (7... “certain period of time” will be decided in the future by the Company, 2. Login and License 2.1. Use... The subscription service consists of the following options: (1) the Standard Access and (2) the Full Access

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  4. Newsletter 73 - 13/05/2016

    Newsletters

    that are estimated to yield 2 percent of GDP and overall two-thirds of the required fiscal measures... by five years, reprofiling the amortisation scheme and capping the interest charged to Greece at 2... worth 2 percent of GDP. The fact that all 153 government MPs voted for the package, which contained

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  5. BoG proposes debt relief measures and lower primary surplus target from 2018
    Photo by MacroPolis

    EconomyMacroeconomy

    of debt relief measures that would allow Greece’s primary surplus target to be lowered to 2 percent...: 1) GDP growth in line with the adjustment programme until 2022 and 1.5 percent thereafter 2) Inflation close to 2 percent until 2019 3) EFSF and ESM loan rates of 2.6 percent in 2020 and 3.5 percent

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  6. Piraeus Bank makes net profit of 12 mln in Q4, edges into profitability for 2017
    Image via www.piraeusbankgroup.com

    EconomyBanking

    into a slight profit of 2 million euros in 2017, compared to profits of 37 million in 2016. The bank noted... percent to 1.67 billion. Net fee and commission income fell QoQ by 2 percent (87 million versus 89... in Q4 due to seasonality but fell by 2 percent across the year as a result of branch closures

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  7. Stournaras in firing line for arguing Greeks can pay more taxes
    en_GB Photo by Harry van Versendaal

    PoliticsGreek Politics

    with the troika are pending, the 2014 budget has yet to be passed through Parliament and there is still..., budget execution figures show that Greece’s tax revenues have been beating the targets agreed... colleagues. Appearing before the parliamentary committee that examined the budget before it is put

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  8. Greek primary surplus at 400 mln to Oct but arrears keep piling up

    EconomyMacroeconomy

    by the troika. The state budget is the key element in the reported gg balance evolution. There is an important difference compared to the budget execution released for the same period, which relates to a cash..., the initially posted state budget figures are reported at a general government cash level

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  9. Greece in 2014: The risks and opportunities of moving forward

    Agora

    with Greece’s international creditors. After achieving the largest budget deficit reduction on record... in 2009 was an equally unprecedented budget deficit of 15.7 percent, which only fully revealed... will achieve a primary budget surplus in 2013, and we will only know official figures in April 2014

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  10. Central government primary cash surplus at 1.7 bln to February
    Photo by MacroPolis

    EconomyMacroeconomy

    the preliminary February budget execution data released by the Ministry of Finance (MoF) on March 11... below the respective budget figure. It should be noted that 2013 central government figures reported... billion euros of SMP income in the budget execution, which was excluded from the BoG calculation b

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