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General govt primary cash surplus at 9.45 bln in Dec, arrears fall by 195 mln
EconomyMacroeconomyby 532 million euros to stand at 1.48 billion euros. Overall, the state budget primary balance showed... million), extrabudgetary funds (-49 million), local governments (-18 million) and state budget (-18... million). Increases were seen in tac refunds (+161 million) and state budget arrears (+6 million
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Primary cash surplus at 132 mln in January
EconomyMacroeconomywith a rise of 93 million in interest payments to 1.29 billion. The Public Investment Budget (PIB... ago. The budget primary balance was confirmed at a primary surplus of 498 million euros in the first month of 2020, below target by 771 million euros, the Finance Ministry (MoF) final budget execution
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Gathering signs of coronavirus impact on growth expectations
Economybudget is based. In comments made on Tuesday, the council said that it expects Greece’s economy to grow... that the budget for this year provides very little room to manoeuvre. The HFC concludes that given.... It advised the creation of buffers in the budget to absorb expenses such as unforeseeable healthcare
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GDP falls by 0.7 pct QoQ in Q4 and increases by 1.9 pct in 2019
EconomyMacroeconomyjust short of the Ministry of Finance’s (MoF) final budget estimate of a 2 percent rise for 2019..., slightly under the MoF’s final budget forecast of 4.9 percent. Imports of goods and services rose by 2.5... marks the fourth consecutive year of positive GDP growth. According to the MoF’s 2020 budget, Greece
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Primary cash balance deficit at 378 mln in February
EconomyMacroeconomyInvestment Budget (PIB) balance came to a surplus of 130 million euros, decreasing from 215 million... Ministry (MoF) budget execution bulletin for February showed that the budget primary balance recorded
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More fiscal measures, restrictions on movement mulled by govt as it rides high in polls
PoliticsGreek Politicsin order to prevent the coronavirus spreading is costing the budget 6 billion euros a month. Spending has... it estimates at 37 billion euros, to cover this disruption to the budget, it will only be able to do so... Mechanism and Greece needs to obtain permission to use it for budget purposes. Restrictions & support
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General govt primary cash surplus at 1.44 bln in February, arrears up by 133 mln
EconomyMacroeconomyfor local governments rose by 19 million euros to stand at 223 million euros. Overall, the state budget...). No month-on-month change was seen in state budget arrears. Total arrears have risen by 134 million... million). Drops were seen in tax refunds (-35 million), SSFs (-9 million) and state budget (-5 million
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IMF expects difficult year for public finances, PBO highlights impact on labour force
EconomyMacroeconomyfor Greece on the budget front, after the forecast for a 10 pct in the World Economic Outlook... as the pandemic will hit economic activity and budget intakes. Expenditure will jump from just 47.9 pct... to roughly 195 pct of GDP, reflecting a big denominator effect. The Parliamentary Budget Office (PBO
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Primary cash balance deficit at 326 mln in March
EconomyMacroeconomyInvestment Budget (PIB) balance came to a surplus of 159 million euros, slightly better than... worsened by 244 million euros. The preliminary Finance Ministry (MoF) budget execution bulletin for March showed that the budget primary balance recorded a surplus of 595 million euros in the first three
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General govt primary cash surplus down to 774 mln in March, arrears up by 195 mln
EconomyMacroeconomyfor extrabudgetary funds rose by 38 million euros to stand at 165 million euros. Overall, the state budget... euros. This was followed by state budget (+49 million), local governments (+46 million... million), followed by local governments (+71 million), state budget (+44 million) and extrabudgetary
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