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  1. Budget execution shows primary surplus of 711 mln, 503 mln ahead of target

    EconomyMacroeconomy

    Greece’s budget execution showed a primary surplus of 711 million euros in the 5-month period from... data released by the Ministry of Finance (MoF) on Thursday. The state budget deficit to May... euros (from 4.6 billion before) and budget deficit of 607 million (from 1.55 billion). The upward

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  2. Greek primary budget surplus reaches 712 mln in first half of 2014

    Economy

    Greece’s budget execution showed a primary surplus of 712 million euros in the first half... to the preliminary data released by the Ministry of Finance (MoF). The 6-month state budget deficit.... Similarly, the 6-month budget deficit outpaced target by 1.44 billion. The over-performance

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  3. State budget primary surplus widens to 2.28 bln at end of July after rise in revenues

    EconomyMacroeconomy

    Greece’s budget execution showed the primary surplus widening to 2.28 billion in the 7-month period... instalment of income tax, which was due by the end of July. The 7-month state budget deficit stood at 1.73... surplus is lower by 10.7 percent, while the budget deficit has narrowed by 10.1 percent. However

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  4. Greek budget primary surplus up to 3.53 bln at end of November despite revenue shortfall

    EconomyMacroeconomy

    Greece’s budget execution showed the primary surplus widening by 879 million euros to 3.53 billion...) preliminary budget bulletin. As a result, the year to date figure exceeded its target by 658 million... for a primary deficit of 664 million. Similarly, the 11-month budget deficit stood at 1.86 billion euros

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  5. Greek primary budget surplus halved in Jan as revenues miss target

    Economy

    Greece’s budget execution showed the primary surplus halving to 443 million euros in January from 835 million last year, according to the Finance Ministry (MoF) preliminary budget bulletin published... expenditure was almost 100 million better than target. A similar pattern was also evident in the budget

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  6. Lower spending, extra revenues result in budget execution beating targets in March

    EconomyMacroeconomy

    Greece’s budget execution showed the 3-month primary surplus rose to 1.74 billion euros, up 12.6... billion, according to the Finance Ministry (MoF) preliminary budget bulletin published on Thursday... (by 1.18 billion) and higher Public Investment Budget (PIB) surplus (by 856 million) more than offsetting

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  7. Signifcant underspend covers revenue shortfall for budget primary surplus to August

    EconomyMacroeconomy

    Greece’s budget primary surplus significantly improved to 3.8 billion in the 8-month period of 2015 from 1.95 billion last year, the Finance Ministry (MoF) final budget data displayed on Thursday... (by 250 million) as well as higher Public Investment Budget (PIB) balance (by 1.44 billion) more

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  8. Marked rise in expenditure leads to a budget primary deficit in Nov

    Economy

    Greece’s budget primary balance turned to a deficit of 184 million euros in November following... Ministry (MoF) preliminary budget figures showed on Tuesday. The month on month (MoM) deterioration... (by 1.83 billion) and higher Public Investment Budget (PIB) balance (by 779 million), against a revenue

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  9. Budget primary surplus surges to 3.04 billion, extending outperformance
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s budget primary surplus soared to 3.04 billion in the 2-month period of 2016 from 1.24 billion last year, the Finance Ministry (MoF) preliminary budget bulletin showed on Friday. The notable year on year (YoY) improvement largely reflects surging Public Investment Budget (PIB) revenues up

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  10. Budget primary surplus of 2.68 bln in first quarter, but March trims outperformance

    EconomyMacroeconomy

    Greece’s budget primary surplus climbed to 2.68 billion in the first quarter of 2016 from 1.73 billion last year, the Finance Ministry (MoF) preliminary budget bulletin showed on Friday. However.... In the previous two months of this year, the budget execution had displayed a primary surplus of 1.19

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