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General gov't primary surplus shrinks to 419 mln in January
EconomyMacroeconomydeterioration in the primary balance of all subsectors. The state budget posted the highest surplus at 242... surplus of 538 million in January 2014. The fiscal deterioration in state budget and extrabudgetary... of total). The other subsectors showed slower changes with state budget arrears down 22 million MoM to 135
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Updated Greek reform proposals see 2015 primary surplus reaching programme target 3 pct
EconomyProgrammeby the previous government. In contrast to the 2015 budget, which forecasted a slight inflation of 0.3... of the anticipated general government entities’ fiscal performance shows that the state budget... are forecasted at 19 billion euros, 2.7 billion lower than those incorporated in the 2015 budget. The document
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Sharp drop in gg primary surplus by end-April, arrears keep rising
EconomyMacroeconomygg 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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Greek pensions laid bare
Agoraof the system and consequently the state budget. No government since that report took the courageous... contributions The state budget covers public sector pensions (main and supplementary) as well...) is close to 1.2 billion euros. Pure pension-related grants, excluding EKAS, from the budget were
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Primary surplus 3.1 bln above target in H1 on severe underspend
EconomyMacroeconomyGreece’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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Newsletter 41 - 04/09/2015
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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Newsletter 43 - 18/09/2015
, 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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Portuguese election: Where those who lost may decide
Agorais 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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Growing hopes that Greek recession will be milder than expected
Economypercent 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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Greece passes latest omnibus bill, looks to next actions ahead
EconomyProgrammefor goods and services purchases In addition, the 2016 budget is due to be voted on in November... forecasts published on Thursday. The draft budget was tabled in early October and included a recession... close to the time the final 2016 budget will be tabled in Parliament.
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