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Primary cash balance at deficit of 9.04 bln in October
EconomyMacroeconomyInvestment Budget (PIB) balance came to a deficit of 37 million euros compared to a deficit of 229... the first ten months of the current year, the PIB balance has worsened by 1.58 billion euros. The budget... to a surplus of 5.74 billion noted in October 2019, the preliminary Finance Ministry (MoF) budget
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Primary cash balance deficit at 13.45 bln in November
EconomyMacroeconomy. The Public Investment Budget (PIB) balance came to a deficit of 988 million euros compared to a deficit... euros. The budget primary balance recorded a deficit of 13.81 billion euros in the first eleven months... Ministry (MoF) budget execution bulletin for November showed earlier this week. It should be noted
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Primary cash balance deficit at 17.82 bln in 2020
EconomyMacroeconomy. The Public Investment Budget (PIB) balance came to a deficit of 988 million euros compared to a deficit.... The preliminary budget primary balance recorded a deficit of 18.20 billion euros in 2020, compared to a surplus of 5.02 billion noted in December 2019, according to the Finance Ministry (MoF) budget execution
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Greece - On the importance of productivity growth
Agorato a balanced overall budget, and then use complementary reforms and well-calibrated tax... moderate future growth conditions and constraints, governing with a balanced budget is the key challenge... with the public, convince with structural reforms, while maintaining a balanced budget on average
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General govt primary deficit at 3.87 bln in March; spending soars
EconomyMacroeconomythe state budget, the biggest year-on-year (YoY) decline was noted in social security funds (SSFs... funds deteriorated by 359 million euros YoY. The state budget primary balance showed a fall of 4.13 billion euros, landing at a deficit of 3.57 billion euros. The state budget primary balance
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General govt primary cash deficit at 6.66 bln in April; arrears fall
EconomyMacroeconomythe state budget, the biggest year-on-year (YoY) decline was noted in social security funds (SSFs... funds deteriorated by 73 million euros YoY. The state budget primary balance showed a fall of 4.58 billion euros, landing at a deficit of 6.01 billion euros. The state budget primary balance for the same
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Newsletter 318 - 26/11/2021
. In the final 2022 budget that was submitted last Friday and which is currently debated in Parliament... Ministry is taking some comfort from the budget execution data with the primary deficit settling.... The target for 2021 was revised, as per standard practice, following the tabling of the final budget
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Newsletter 323 - 14/01/2022
that it would be too much of a blow to the budget. On Thursday, Mitsotakis said that the government does..., with the prospect of VAT reduction surfacing in the public debate this week. Based on the 2022 final budget... committed in the budget to rein in the primary deficit at 1.2 pct of GDP, with a total deficit of 4
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Greece voices support for Ukraine as govt counts cost of war's impact on economy, public finances
PoliticsGreek Politics. There is now a real possibility that the government will have to dip into the state budget to provide... of more public debt. The country also ran up primary budget deficits of 9.5 and 7.1 pct of GDP over... into a fiscal consolidation of 5 billion euros in 2023. The budget is affected by two main issues
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Newsletter 329 - 25/02/2022
on the budget, but also appears sceptical about the impact of interventions that might not have an impact... year, a fiscal turnaround of close to 3 pct of GDP. According to the Finance Ministry’s budget... energy bills spills over from the Transition Fund financed by emissions auctions to the ordinary budget
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