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  1. 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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  2. 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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  3. 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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  4. 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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  5. Central gov't cash deficit down to 1.14 bln in March

    EconomyMacroeconomy

    for the budget execution are disclosed on a modified cash basis. Cash revenues rose 2.7 percent to 10.53... percent. Interest payments on a cash basis rose 4.7 percent to 1.99 billion, in line with the budget... to: a) The inclusion of 2.03 billion euros of SMP income in the budget execution, which was excluded from the BoG

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  6. General gov't primary surplus halves in Q1, arrears and guarantees jump

    EconomyMacroeconomy

    of Finance (MoF). The breakdown among the four key gg entities showed mixed trends. The budget primary... only showed a primary cash surplus of 173 fully attributed to budget, which posted a surplus of 784... million), local governments (+56 million), extrabudgetary funds (+35 million) and state budget (+29

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  7. Greece stands on fault line between vicious and virtuous cycles for 2016

    Agora

    in Yen maturing in February. The state’s budget foresees a primary surplus of over 1 billion euros... of the first three months. In fact, in January the entire budget is in a 197 million total surplus, turning into a cumulative deficit of 1.3 billion euros up to March. (Cash balance state budget and Primary

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  8. Primary cash surplus quadruples to 2.09 bln in first two months of 2016

    EconomyMacroeconomy

    to the budget execution, the marked year on year improvement reflects a soaring Public Investment Budget (PIB) surplus of 1.17 billion euros from just 258 million a year ago. Ordinary budget revenues... percent to 7.78 billion in the first two months of the year. Last week’s budget execution figures, which

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  9. Primary cash surplus more than doubles to 2.8 bln in first half of 2016
    Photo by MacroPolis

    EconomyMacroeconomy

    to that in expenditure. Ordinary budget revenues climbed by 24.4 percent in June leading the 6-month... Budget (PIB) balance recorded a deficit of 102 million in June from surplus of 269 million last year... million stands almost 14 percent lower form last year’s level. The budget execution figures released

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  10. Finance Ministry says revenues beat revised target by 105 mln in July
    Photo by MacroPolis

    EconomyProgramme

    October when the 2016 budget was prepared but has been recently revised. It added that cash revenues... to the MoF. It is worth noting that the first half budget execution figures had shown an overperformance... budget execution bulletin after August 10, including the actual and revised target figures. It is worth

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