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  1. General govt primary cash surplus at 1.44 bln in February, arrears up by 133 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    for local governments rose by 19 million euros to stand at 223 million euros. Overall, the state budget...). No month-on-month change was seen in state budget arrears. Total arrears have risen by 134 million... million). Drops were seen in tax refunds (-35 million), SSFs (-9 million) and state budget (-5 million

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  2. IMF expects difficult year for public finances, PBO highlights impact on labour force
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    EconomyMacroeconomy

    for Greece on the budget front, after the forecast for a 10 pct in the World Economic Outlook... as the pandemic will hit economic activity and budget intakes. Expenditure will jump from just 47.9 pct... to roughly 195 pct of GDP, reflecting a big denominator effect. The Parliamentary Budget Office (PBO

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  3. Primary cash balance deficit at 326 mln in March
    Photo by MacroPolis

    EconomyMacroeconomy

    Investment Budget (PIB) balance came to a surplus of 159 million euros, slightly better than... worsened by 244 million euros. The preliminary Finance Ministry (MoF) budget execution bulletin for March showed that the budget primary balance recorded a surplus of 595 million euros in the first three

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  4. General govt primary cash surplus down to 774 mln in March, arrears up by 195 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    for extrabudgetary funds rose by 38 million euros to stand at 165 million euros. Overall, the state budget... euros. This was followed by state budget (+49 million), local governments (+46 million... million), followed by local governments (+71 million), state budget (+44 million) and extrabudgetary

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  5. Primary cash balance deficit climbs to 2.62 bln in April largely on revenue deterioration
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , bringing the total to 18.14 billion euros. The Public Investment Budget (PIB) balance came..., the PIB balance has worsened by 551 million euros. The budget primary balance recorded a deficit... to the preliminary Finance Ministry (MoF) budget execution bulletin for April. The primary surplus was below

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  6. Primary cash deficit at 5.35 bln in May
    Photo by MacroPolis

    EconomyMacroeconomy

    Investment Budget (PIB) balance came to a deficit of 638 million euros, deepening notably from the deficit.... The budget primary balance recorded a deficit of 4.80 billion euros in the first five months...) budget execution bulletin for May showed recently. The primary surplus was below its target by 4.34

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  7. Contribution made by privatisations to GDP since 2010 underlined in new study
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyFeatures

    leads to positive effects on employment and budget revenues and has a broad multiplier effect on GDP... development was provided as an illustration. The plan foresees investments with a total budget of 621... severe delays to the government’s privatisation plans. In its initial budget for 2020, the government

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  8. Primary cash balance deficit at 6.71 bln in June
    Photo by MacroPolis

    EconomyMacroeconomy

    Investment Budget (PIB) balance came to a deficit of 264 million euros, slightly higher than last year’s... months of the current year, the PIB balance has worsened by 1.92 billion euros. The budget primary... of 381 million noted in June 2019 according to the preliminary Finance Ministry (MoF) budget execution

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  9. Newsletter 260 -31/07/2020

    Newsletters

    The budget primary balance recorded a deficit of 6.10 billion euros in the first six months of 2020, compared to a surplus of 381 million noted in June 2019, the final Finance Ministry (MoF) budget... to eliminate the negative effects of the coronavirus pandemic. State budget total revenues stood at 21.26

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  10. Primary cash deficit at 8.10 bln in July

    EconomyMacroeconomy

    Investment Budget (PIB) balance came to a deficit of 929 million euros compared to a deficit of 255.... The budget primary balance widened substantially in July to 8.2 billion euros, from a deficit of 6.10 billion euros in the first six months of 2020, preliminary Finance Ministry (MoF) budget execution

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