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  1. Primary cash balance posts deficit of 316 mln in first 5 months
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The Public Investment Budget (PIB) deficit increased to 191 million in May from 155 million a year ago... last year, mainly due to a deterioration in February. As noted on Wednesday, the preliminary budget execution figures released by the Finance Ministry (MoF) revealed that the budget primary surplus

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  2. General govt primary cash surplus at 2.25 bln in May, arrears rise
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The primary surplus of the state budget also declined by 1.15 billion to stand at 757 million... of hospitals (-57 million), local governments (-18 million) and state budget (-2 million... budget arrears rising by 70 million and extrabudgetary funds by 65 million. Tax refunds fell by 16

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  3. Primary cash balance records deficit of 434 mln in first six months
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Budget (PIB) deficit eased to 92 million in June from 101 million a year ago. The six-month PIB balance.... As previously noted, the preliminary budget execution figures released by the Finance Ministry (MoF) revealed that the budget primary surplus rebounded by 18.6 percent to 1.94 billion during the six-month

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  4. Macron arrives in Athens, kindling government's hopes
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    and the creation of a sizeable eurozone budget. They are proposals that have Greece’s backing. The current... the mainstream parties in Greece seem enthused by the idea of creating a budget that will be large enough... Germany’s backing, Berlin sees the creation of a common budget in a very different way to what

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  5. Newsletter 135 - 13/10/2017

    Newsletters

    is included in Greece’s draft budget. The IMF’s tax revenue projections also differ by about a third... jumped from 5.1 billion in June to 6.03 billion in August. In the draft budget tabled last week... the issuance of 70,000 pensions by year end. In the draft budget, the Finance Ministry outlines that up

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  6. Tsakalotos stands ground on taxes, finalises social dividend plan
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    budget to defend the government’s fiscal choices, which have often provided the opposition parties... the level of taxation. Houliarakis told Parliament’s budget committee that tax is to high... up by 300 million euros that were earmarked for health and education in the 2017 budget. Another 800

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  7. Fiscal obligations set out in sMoU, discussion on speeding up tax measures due in May
    Photo by MacroPolis

    EconomyProgramme

    and other spending to compensate on underspending on the social budget and reduce other payment... of GDP in savings as part of the 2018 budget. The sMoU leaves some space for recalibration... to rebalance the budget, according to the lenders’ view, towards more growth-friendly and distributionally

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  8. Coalition in last-minute legislative rush, extends helping hand to MPs
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Having passed the 2018 budget earlier this week, the government is continuing a busy week... of the more onerous elements in next year’s budget. There are no serious concerns at this moment about any... that the budget vote on Tuesday also saw independent MP Theodora Megalooikonomou, formerly of the Union

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  9. Thessaloniki Port Authority contract signed, Hellenikon takes another step
    Photo by Giannis Papanikos/Fosphotos

    EconomyProgramme

    in privatisation revenues in 2018 in order to meet the targets set out in its 2018 budget. The budget also specified around 1.66 billion via privatisations this year. According to the latest preliminary budget

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  10. General govt primary cash surplus at 7.15 bln in Nov, arrears reduced further
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    at 780 million. The primary surplus of the state budget rose by around 649 million to stand at 2.46..., extrabudgetary funds by 16 million and state budget arrears by 15 million. Since the start of the year... refunds, which fell by 592 million euros and 450 million euros, respectively. Meanwhile, state budget

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