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The ECB's strict rules apply if you dare not comply
Agorathe promissory notes arrangement the Irish budget would be hit for a decade with a net annual payment... was swapped, leading to a relief of over 10 billion euros on the budget in the first ten years
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Newsletter 19 - 13/03/2015
by 1.8 points from 27.8 percent in Q4 2013. Primary surplus close to target Greeceās budget primary... million euros, a Public Investment Budget balance surplus of 206 million and an 11.1 percent increase
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Gov't adopts patchwork of measures to overcome liquidity problems
EconomyProgrammeto the preliminary budget execution for February, primary expenditure was 538 million better than the target... in the final budget data, our understanding is that the outperformance relates to a cut in the third key
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SYRIZA caught in push and pull between voters and members over deal
PoliticsGreek Politics. In order to keep the budget on track, the government has had to spend much less than planned. Budget
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Newsletter 29 - 05/06/2015
come into effect in July 2015, to seal any gaps arising in the execution of the budget in the first... the execution of the budget fell short of targets. These included the abolition of the reduction
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Newsletter 32 - 26/06/2015
primary surplus Greece recorded a primary budget surplus of 1.51 million euros at the end of May... expenditure being 1.67 billion euros below the target and a higher public investment budget (PIB
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Between Scylla and Charybdis
Agoraimpact on the Greek economy, hitting budget revenues hard and throwing the overall budget off track
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Newsletter 33 - 03/07/2015
, the 3.53 billion euro budget revenue target (before tax refunds) for June will be probably missed, also... of the month to pay their monthly tax obligations. July is a critical month for budget revenues since... is unlikely to en masse favour being part of a national emergency government. The other possibility
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General gov't cash primary surplus to May halves, arrears keep rising
EconomyMacroeconomyshowed mixed trends in the first five months of the year. The state budget remained the key positive... million year to date to 734 million making up 14.6 percent of total arrears. State budget arrears
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General gov't primary cash surplus shrinks in first half of 2015 as state arrears grow
EconomyMacroeconomybudget widened by more than 1.1 billion euros to 1.72 billion in the 6-month period and remained... to 1.11 billion making up around 21 percent of total. State budget arrears reached 601 million
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