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Budget primary surplus confirmed at 1.76 mln in July as revenues overtake expenditure
EconomyMacroeconomyThe budget primary balance recorded a surplus of 1.76 million euros in the first seven months of 2019, compared to a surplus of 926 million noted in July 2018, the Finance Ministry (MoF) budget... primary balance’s surplus showed a rise of 42.2 percent. The budget balance in the first seven months
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Budget primary surplus at 2.90 bln in August
EconomyMacroeconomyThe budget primary balance recorded a surplus of 2.90 billion euros in the first eight months... (MoF) budget execution bulletin showed on Monday. The primary surplus surpassed its target by 3.18... monthly primary balance’s surplus showed a decline of 48.9 percent. The budget balance in the first
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Budget primary surplus confirmed at 2.91 bln in August
EconomyMacroeconomyThe budget primary balance recorded a surplus of 2.91 billion euros in the first eight months of 2019, compared to a surplus of 1.12 billion noted in August 2018, the Finance Ministry (MoF) budget.... The monthly primary balance for August 2018 came to a surplus of 198 million euros. The budget balance
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Draft budget sets ambitious growth target of 2.8 pct in 2020, plugs fiscal gaps
EconomyGreece’s Finance Ministry tabled to Parliament the draft budget for next year in which Greek... of 3.5 percent of GDP primary surplus. The draft budget also includes all the fiscal interventions... on the fiscal gap and how it will be closed by mid-October, when the budget is due to be submitted
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Budget primary surplus at 4.48 bln in September
EconomyMacroeconomyThe budget primary balance recorded a surplus of 4.48 billion euros in the first nine months... (MoF) budget execution bulletin showed on Tuesday. The primary surplus surpassed its target by 3.01..., the current monthly primary balance’s surplus showed an increase of 12.4 percent. The budget balance
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Budget for 2020 eyes faster growth while balancing tax cuts with more revenues
EconomyMacroeconomyMinistry tabled on Thursday the final budget to Parliament, essentially unchanged from the draft version of early October. The economic assumptions underpinning the budget remain more ambitious than..., or 2.6 percent of GDP in 2020, which puts Greece on course for an overall budget surplus of close to 2
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Budget primary surplus at 6.95 bln in Nov as expenditure drops
EconomyMacroeconomyThe budget primary balance recorded a surplus of 6.95 billion euros in the first 11 months of 2019...) budget execution bulletin showed on Monday. The primary surplus surpassed its target by 2.23..., the current monthly primary balance’s surplus showed an increase of 27.9 percent. The budget balance
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Govt lines up strike legislation to follow brief pause after budget vote
PoliticsGreek PoliticsWednesday night’s budget vote is likely to wrap up the conservative government’s economic business... to squeeze in some more handouts before 2019 is over. The parliamentary debate over the 2020 budget... and the Parliamentary Budget Office to give their opinion on the claim being made by the government. New
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Budget primary surplus at 4.96 bln in Dec, beating annual target
EconomyMacroeconomyThe budget primary balance recorded a surplus of 4.96 billion euros across the twelve months...) budget execution bulletin showed on Wednesday. The primary surplus surpassed its target by 559.... The budget balance in 2019 recorded a deficit of 255 million euros compared to a deficit of 4.58 billion
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Budget primary surplus at 823 mln in February
EconomyMacroeconomyThe budget primary balance recorded a surplus of 823 million euros in the first two months of 2020...) budget execution bulletin showed on Monday. The primary surplus was below its target by 106 million.... For the same month last year, the primary surplus was much lower at 93 million euros. The budget balance
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