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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. Greek pensions laid bare
    Photo by MacroPolis

    Agora

    of 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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  3. 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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  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. 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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  6. 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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  7. 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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  8. Greece passes latest omnibus bill, looks to next actions ahead
    Photo by MacroPolis

    EconomyProgramme

    for 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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  9. Primary cash surplus widens by 1.8 bln to 4.84 bln by end of Oct

    EconomyMacroeconomy

    year’s Public Investment Budget (PIB) deficit of 364 million to a surplus of 375 million this year... reported in the Finance Ministry (MoF) budget execution bulletin are calculated on a modified cash basis... and a reversal of last year’s Public Investment Budget (PIB) deficit of 364 million to a surplus

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  10. Newsletter 59 - 22/01/2016

    Newsletters

    stake in Thessaloniki Port Authority (OLTH) in April. The budget execution for 2015 showed revenues...-expected Public Investment Budget (PIB) balance led to a budget primary surplus of 2.27 billion for 2015

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