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  1. Eurogroup emphasises limited room for discussion on fiscal targets
    Klaus Regling

    EconomyProgramme

    and 2022 as the 2020 budget will have to be drafted in September, before the new government has had... public investment budget, arrears are still at a high level; all that is not good for growth, therefore... budget is concerned, how the fiscal path will look like; how measures to promote growth

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  2. Govt looks for ways to manage promised tax cuts as Mitsotakis continues European charm offensive
    Photo by MacroPolis

    PoliticsGreek Politics

    in the 2020 budget. Funding the reductions to corporate tax from 28 to 24 percent and dividend tax from 10... potentially create another 1.2 billion euros of breathing space in the budget annually. Ultimately... will hinge on the presentation of the draft 2020 budget. Mitsotakis hopes to be in a position

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  3. General govt primary cash surplus at 1.78 bln in June, arrears drop by 3 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    funds rose by 103 million euros to stand at 1.05 billion euros. Overall, the state budget primary...). No change was noted in state budget arrears, which remained at 64 million euros for a second month. Month... underlying subcategories. Hospitals showed the largest rise (+252 million), followed by state budget (+15

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  4. Tax cuts spearhead Mitsotakis's message in Thessaloniki

    PoliticsGreek Politics

    than being included in the 2020 budget being drafted by the Finance Ministry. One of the most... noted that there had been a budget overperformance during the summer... the 1.2 billion euros Greece is due to receive each year as budget revenues. The agreement made

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  5. Household expenditure edges up again in 2018, still well below pre-crisis level
    Photo by MacroPolis

    Society

    , of the family budget on food. For non-poor households,19.2 percent of the budget is spent on food..., the expenditure of such households on health comes to 9.2 percent of the family budget, while

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  6. General govt primary cash surplus at 4.35 bln in Aug, arrears up by 270 mln
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    governments fell by 254 million euros to stand at 159 million euros. Overall, the state budget... by state budget arrears (+17 million) and extrabudgetary funds (+6 million). Declines were seen... (+207 million), state budget (+29 million) and local governments (+7 million). Declines were noted

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  7. Vital economic legislation lined up as ND seeks compromise over diaspora vote
    Photo by MacroPolis

    PoliticsGreek Politics

    tax and pension reforms as well as the adoption of the 2020 budget. Parliament’s full assembly... by removing some bureaucratic hurdles, while House committees are to start analysing the draft budget... prepare to share out the additional surplus from this year’s budget, which has been estimated at 380

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  8. Newsletter 224 -25/10/2019

    Newsletters

    ND moves ahead with agenda Development bill through, draft budget in focus as deal in sight over... is more likely next year. Parliamentary committees also began analysing this week the draft budget... can prepare to share out the additional surplus from this year’s budget, which has been estimated

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  9. EC sees growth at 1.8 pct for 2019, rising to 2.3 pct in 2020 and fiscal targets in reach
    Photo by MacroPolis

    EconomyMacroeconomy

    in the draft budget estimate growth will reach 2.8 percent next year, mostly led by a substantial... are associated to a slowdown in foreign demand and an under-execution of the public investment budget... budget is worth 0.6 percent of GDP and includes a 4-percentage point reduction in corporate taxation

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  10. Newsletter 227 -08/11/2019

    Newsletters

    package that the Greek authorities incorporated in next year’s budget is worth 0.6 percent of GDP... budget primary balance rising by 2.37 billion euros and landing at 4.55 billion euros, compared... last year was 1.81 billion. The breakdown of the state budget primary balance figures showed

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