Search
-
IMF outlines areas in which Greece needs further reforms, where it should apply caution
EconomyProgrammewage increase. “The government needs to find a balance that helps producers, the firms, to adjust... on the banks’ balance sheets and income statements, impact on the State’s balance sheet, the speed... that a comparative cost-benefit analysis of the proposals by the HFSF and Bank of Greece are needed before proceeding
26% -
Primary cash balance at deficit of 34 mln in March
EconomyMacroeconomy) balance showed a surplus of 155 million euros in March, which is 55 million euros lower than the figure...Greece’s central government primary cash balance recorded a deficit of 34 million euros... to the post-programme cash buffer. The cash balance for the same time last year was 7.72 billion euros
26% -
RRF injection pushes primary balance above target, but regular tax revenues short by 504 mln
EconomyMacroeconomyThe budget primary balance recorded a deficit of 6.39 billion euros in the first eight months... Ministry (MoF) budget execution data showed on Thursday. The primary balance was above the target set... of the target by 504 million euros. The budget balance up to August recorded a deficit of 10.52
26% -
Primary balance on target in Oct, revenues beat target thanks to tax and tourism VAT
EconomyMacroeconomyThe budget primary balance up to October landed at a deficit of 7.2 billion euros, compared... (MoF) budget execution data released on Monday. The primary balance was broadly in line... have outperformed the target by 1.38 billion euros. The budget balance up to October recorded
26% -
Current account balance improves YoY in Sep thanks to a jump in services, led by travel
EconomyMacroeconomybillion euros in August, Bank of Greece (BoG) data showed on Friday. In September 2020, the balance showed... in the services balance, partially offset by a deterioration in the balance of goods and the primary and secondary income accounts. The deficit for the balance of goods in September came to 2.3 billion
26% -
Primary balance 4 bln above target in Jul due to underspend and tax performance
EconomyMacroeconomy, from a 1.44-billion-euro deficit in July 2023. The overall balance is better than the target...The budget primary balance recorded a surplus of 5.68 billion euros by July, according... seven months, the primary balance outperformed by over 4 billion euros above the target. Expenditure
26% -
Significant underspend pushes 8M primary balance to 7.57 bln
EconomyMacroeconomy, from a 92-million-euro deficit in August 2023. The overall balance is better than the target by 3.82...The budget primary balance recorded a surplus of 7.57 billion euros by August, according... months of the year, the primary balance came in 4.26 billion euros above the target. Expenditure
26% -
Travel balance drops to 3.76 bln in July as expenditure per trip eases by 9.1 pct YoY
EconomyMacroeconomyGreece's travel balance recorded a surplus of 3.76 billion euros in July, compared to 2.86 billion euros in June, according to data released by the Bank of Greece (BoG) on Monday. July's balance was 5 percent lower than the 3.95 billion euros recorded in July 2023. In July 2022, the balance
26% -
Strong taxes and significant underspend push 9M primary balance 3.45 bln above target
EconomyMacroeconomybillion euros, from a 397-million-euro deficit in September 2023. The overall balance is better than...The budget primary balance recorded a surplus of 8.74 billion euros up to September, according... the nine months of the year, the primary balance came in 3.45 billion euros above the target
26% -
Underspend and taxes push primary balance up to Aug 3.77 bln above target
EconomyMacroeconomyup to August 2024. The overall balance is better than the target by 3.54 billion euros. Revenues...The budget primary balance produced a surplus of 8.7 billion euros up to August, according... balance came in at 3,77 billion euros above the target. Expenditure, excluding interest payments
26%