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  1. Primary cash balance turns to 295 mln deficit in Q1
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    figure edging down by 33 million to 2.44 billion. Furthermore, Public Investment Budget (PIB... million from 1.3 billion last year. As we noted on Tuesday, the preliminary budget execution figures released by the Finance Ministry (MoF) showed the budget primary surplus markedly decreased by 42.7

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  2. Newsletter 116 - 28/04/2017

    Newsletters

    remaining unchanged in Q2. The budget primary surplus was confirmed at 1.07 billion in the first quarter... final budget execution bulletin. The headline figure outperformed the target by 77 million, reflecting... primary expenditure by 790 million and a higher Public Investment Budget (PIB) surplus by 150 million

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  3. Primary cash balance records deficit of 404 mln euros in 4-month period
    Photo by MacroPolis

    EconomyMacroeconomy

    by 11 million to 2.87 billion. The Public Investment Budget (PIB) deficit was reduced to 85 million..., the preliminary budget execution figures published by the Finance Ministry (MoF) showed that the budget primary surplus declined by 9 percent to 1.74 billion in the 4-month period. This is attributed

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  4. Newsletter 120 - 26/05/2017

    Newsletters

    an improvement in both transport and travel balances. Budget primary surplus 928 million above target Strong underspend leads to primary expenditure finishing 1.19 billion below estimates The budget... above the target, the Finance Ministry’s (MoF) final budget execution bulletin showed

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  5. 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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  6. 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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  7. 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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  8. 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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  9. 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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  10. 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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