Search
-
Second post-MoU review set to begin as Athens eyes return to bond markets
EconomyProgrammethis week are the budget figures for 2018 and the prospects for Greece hitting its fiscal targets... dividend” and the backpay that was given out, it is thought that the 2018 budget will conclude... room as budget revenues are seen at the same level as in 2018 even though the economy is expected
1% -
General govt primary cash surplus at 5.63 bln in Dec, arrears fall by 536 mln but miss target
EconomyMacroeconomygovernments rose by 80 million to 692 million. Overall, the state budget primary balance declined by 276... budget arrears (-29 million). Extrabudgetary fund arrears rose by a slight 1 million euros..., followed by tax refunds (-259 million), state budget (-86 million) local governments (-38 million
1% -
Primary cash surplus at 735 mln in Jan on expenditure and interest payment rise
EconomyMacroeconomybillion in January. The Public Investment Budget (PIB) deteriorated to a deficit of 27 million euros compared to a surplus of 573 million euros a year ago. The preliminary budget execution figures... revenues came to 4.7 billion euros. It should be noted that the budget execution figures do
1% -
General govt primary cash surplus at 2.91 bln in Feb, arrears rise by 83 mln
EconomyMacroeconomybillion euros to stand at 1.30 billion euros. Overall, the state budget primary balance showed a fall... to 480 million euros. This was followed by SSFs (-6 million), state budget arrears (-4 million... the biggest decline (-26 million) followed by tax refunds (-26 million) and state budget (-3 million
1% -
EC report analyses state of play with privatisations as HELPE hits obstacle
EconomyFeaturesstage. Privatisation targets In the government’s final budget for 2019, the target for privatisations stands at 350.6 million euros. The final budget primary balance for 2018 showed that privatisation proceeds were confirmed at 234 million. In its budget targets, the Ministry of Finance (MoF
1% -
General govt primary cash surplus at 1.98 bln in March, arrears rise by 62 mln
EconomyMacroeconomybudget primary balance showed a fall of 426 million euros to come to 1.17 billion euros this year... funds (-10 million). Increases were noted in hospitals (+85 million) state budget (+35 million... million euros) and state budget (+32 million euros). At 28.2 percent of the total, SSF arrears made up
1% -
Athens warned about missing fiscal targets rather than changing them unilaterally
EconomyProgramme. And that would be more so next year. Of course next year, a new budget will be needed and measures...; it will be discussed in the context of the 2020 budget, it’s not on the agenda right now.” Regling did hint... budget.
1% -
PBO sees fiscal target being reached despite expansionary measures
EconomyProgrammeIn its quarterly report published on Wednesday, Parliament’s Budget Office (PBO) does not share.... The bonus that was paid out to pensioners in way of a 13th pension had a budget cost of 830 million euros..., are adamant that the measures will throw this year’s budget off track. These concerns are likely
1% -
General govt primary cash surplus at 1.68 bln in April, arrears rise by 164 mln
EconomyMacroeconomyfor extrabudgetary funds rose by 349 million euros to stand at 397 million euros. Overall, the state budget primary...), extrabudgetary funds (-9 million) and state budget (-7 million). A rise of 283 million euros was noted...) and state budget (+22 million). Declines were noted in SSFs (-77 million euros) and extrabudgetary
1% -
Newsletter 210 -07/06/2019
officials to give the new government the space it needs to implement its programme. “The 2020 budget... eurozone counterparts, Greece is due to send its draft 2020 budget to the European Commission... of recent years has been the result of a consistent under-execution of the budget. The European
1%