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  1. Sharp drop in gg primary surplus by end-April, arrears keep rising
    Photo by MacroPolis

    EconomyMacroeconomy

    gg entities continued to display mixed trends for this year. The budget primary cash surplus soared.... The biggest MoM increase in April was recorded in state budget (+204 million) and in SSFs (+157 million... percent) and state budget with an increase by 321 million to 478 million (10 percent). The positive

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  2. Primary surplus 3.1 bln above target in H1 on severe underspend

    EconomyMacroeconomy

    Greece’s budget primary surplus widened to 1.88 billion euros in the first six months of 2015 from 1.51 billion in the five-month period, according to the Finance Ministry (MoF) final budget bulletin... Investment Budget (PIB) balance (by 1.81 billion) more than offsetting a revenue gap of 1.67 billion

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  3. Greek government commits to new fiscal measures for third bailout

    EconomyMacroeconomy

    budget for 2015 and, if necessary, a draft budget for 2016 and a medium-term fiscal strategy... in 2016 budget In addition, the government pledged to adopt in October reliable structural measures aimed

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  4. Newsletter 41 - 04/09/2015

    Newsletters

    Budget execution data shows the revenue gap widened by 2.65 billion in July, bringing the figure... tables the 2016 draft budget. In the course of this year, only one monthly reading – in July, when... initial monthly budget targeting, assumes that PIT payments will be made in three instalments, this has

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  5. General gov't primary cash surplus markedly better in July but arrears climb

    EconomyMacroeconomy

    driven by the high surpluses posted in the state budget (1.75 billion) and social security funds - SSFs... showed mixed trends. In particular, the primary cash surplus of the state budget continued... million (117 million in July) to 2.46 billion euros making up around 43 percent of total. State budget

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  6. Newsletter 43 - 18/09/2015

    Newsletters

    , the Finance Ministry has to adopt a supplementary 2015 budget, the draft 2016 budget and a 2016–19... the unemployment rate improved by 2 points. Primary surplus almost doubles Greece’s budget primary surplus

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  7. No time for Tsipras to celebrate as long list of tasks means pressure is on from start

    EconomyProgramme

    in October a supplementary 2015 budget, the draft 2016 budget (historically due on the first Monday.... 7) Better target eligibility to halve heating oil subsidies in 2016 budget. 8) Permanently reduce

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  8. Portuguese election: Where those who lost may decide
    Photo by Alessandro Grussu via Flickr https://flic.kr/p/ffhoRc

    Agora

    is kept unchanged at 1.5 percent. Is job creation without growth possible? Concerning the budget deficit... with the budget rules, he stands against the Budgetary Treaties. The Communist Party (PCP, 17 seats) would... or the 2016 budget in order to force new elections in April? In his very ambiguous concession speech Costa

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  9. Updated ELSTAT figures point to minor differences on fiscal data, slight rise in debt ratio

    EconomyMacroeconomy

    and deficit at 3.6 percent of GDP. The actual figure for 2014 primary surplus stands below the 2015 budget... points were also showed for 2012 and 2013. In the 2016 draft budget, the Finance Ministry (MoF) showed... figure (published by ELSTAT after draft budget was tabled in Parliament) does have any impact

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  10. Growing hopes that Greek recession will be milder than expected

    Economy

    percent in 2016. The Finance Ministry adopted these estimates in the 2016 draft budget tabled on October... of imports compared to exports. Although the macro assumptions of the draft budget are in line... billion, from 179.08 billion posted last March. In the draft budget, nominal GDP is projected at 173.74

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