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Newsletter 254 -19/06/2020
. Mitsotakis also announced a number of targeted measures proposed by the government, including a 100... (+38.7 percent) and postal and courier activities (+15.4 percent). 2 Unemployment drops to 16.2 pct... Investment Budget (PIB) balance came to a deficit of 638 million euros, deepening notably from the deficit
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Newsletter 277 -11/12/2020
budget (-4 million) and extrabudgetary funds (-2 million). Hospital arrears rose by 10 million MoM.... Although the number of daily deaths has dipped below 100 – edging down to 81 on Thursday – almost 600... with an increase of 42 million euros YoY. Overall, the state budget primary balance showed a fall of 14.71 billion
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Newsletter 282 -29/01/2021
this year at regular intervals. 2 Budget primary at deficit of 18.20 bln in 2020 Primary balance lands above target by 1.43 billion for the year The budget primary balance recorded a deficit of 18.20... basis points to 100 basis points. At the close, offers exceeded 29 billion euros, excluding the offers
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Corporate, income taxes and VAT propel tax outperformance in July above 2 bln
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 5.67 billion euros in July, compared... Ministry (MoF) budget execution data released on Monday. Up to July, the budget primary balance... budget, came to 28.27 billion euros. Net revenues came to 39.19 billion euros. The total budget
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Debt relief or debt restructuring for Greece?
Agorain 2010 Greek sovereign debt was primarily held by German[2], French, Italian, Swiss and Japanese... creditor status and insist on 100 percent payback? Do the reasons that created the debt buyback... today reach approximately 380 billion euro and correspond to a debt-to-GDP ratio of 208 percent! 2
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Gov't submits multi-bill to pave way for next bailout tranches
EconomyProgrammeto pay the monthly instalment, the government will grant a subsidy that will burden budget with a total amount of 100 million euros. The second tier protection includes households that have an annual... the tenure of the first General Secretary for Public Revenues (after the voting of the bill) at 2 years
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Newsletter 243 -13/03/2020
authorities confirmed the first death from the disease, with the number of confirmed cases rising above 100... the political damage that the previous administration suffered over the loss of some 100 lives in Mati. New... of debtors rose by 108,471 quarter-on-quarter (QoQ) to stand at 2 million. However, as noted by KEAO
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Troika review begins with fiscal targets and tax breaks in focus
EconomyMacroeconomytax rate by 2 percentage points that will be incorporated in the final 2015 budget, which... draft budget is due to be submitted to Parliament. The focus is on what fiscal targets... for another year. Furthermore, the MoF will reportedly highlight the budget outperformance so far this year
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What would a clean bailout exit for Greece mean in numbers?
Agoraloans is now 32 years and the budget is only burdened by small fees on the disbursements, which... to have a sizeable impact on the budget. Bilateral loans The loans of the first program, aka Greek... and had another 100 basis points shaved off the interest rate, which was reduced to 50 basis points
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General government primary cash surplus expands to 3.9 bln by August, arrears drop further to 6.3 bln
EconomyMacroeconomygovernment’s surplus grew by 303 million to 372 million. On the flipside, the state budget recorded a surplus of 966 million, down by 2 billion from last year’s figure of 2.97 billion. As a result, state budget is now the second key contributor to the overall gg primary balance after extrabudgetary
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