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  1. No victory, just plenty of misery

    Agora

    with Greece: In 2010 it was a country that ran a budget deficit, not including debt servicing, in the region... the holes in your budget will not be too harsh. Failing to secure an assistance programme would mean having to wipe out a 24-billion-euro deficit and balance the budget in one fell swoop rather than

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  2. General gov't cash surplus rises to 3.54 bln at end of Feb, more than double last year

    EconomyMacroeconomy

    is the state budget (1.94 billion), while all other gg institutional bodies also showed a positive primary...) amounting to 48.72 billion. A similar figure (49 billion) was included in the 2014 budget, while the respective figure in 2013 budget stood at 52.85 billion. The state gross debt eased by 2.4 billion

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  3. European Commission review of Greek programme: The key points

    EconomyProgramme

    financial management reforms, further improvements in the area of budget preparation are still needed... of only a limited portion of the sizeable 2013 fiscal over-performance, shortfall in social budget... billion envisaged by the Greek government in the 2014 budget. The new cumulative privatisation target

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  4. Q1 gg primary cash balance shows 2.5 bln surplus but 2014 arrears grow

    EconomyMacroeconomy

    in the 2-month period. The worsening gg fiscal performance in March is due to the state budget. The state budget primary surplus at 881 million remains the key contributor to the gg primary balance in Q1 2014 followed by social security funds at 820 million. However, the state budget posted a primary

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  5. Public deficit and democratic duty

    Agora

    of public utilities. Also, regardless of the argument about adding the utilities to the budget, there can... through the budget execution data from the months before PASOK came to power to see that the New... as early as May 2009, the state budget deficit was already at 14.4 billion euros, with 43 percent

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  6. Greece's troika talks begin with apparent deal on 2015 surplus
    Photo by MacroPolis

    EconomyProgramme

    fiscal targets to accommodate tax reliefs. The MoF official also noted that the 2015 draft budget... percent will be incorporated in the final 2015 budget, which is expected to be tabled in Parliament... International Fair in the draft budget. Troika representatives are due to meet with Development

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  7. Greek primary cash surplus more than doubles to 2.45 bln at end of August

    EconomyMacroeconomy

    period with the highest portion stemming from state budget (1.29 billion euros) followed...) stood at the low-end below the 300-million mark. The state budget primary cash surplus shrank... of the all sub-sectors. Arrears of the state budget (265 million euros), local government (345 million

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  8. Greek primary cash surplus up to 3.1 bln in September but state arrears also rise

    EconomyMacroeconomy

    -sectors continue displaying a primary cash surplus in the 9-month period, with the state budget (1.82... budget in particular, shows a material improvement by more than 3 billion YoY and 500 million month.... Arrears of local governments (356 million), state budget (283 million), and extrabudgetary funds (198

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  9. No green light from troika yet as Greece moves towards bailout extension
    Photo by MacroPolis

    EconomyProgramme

    over the 2015 budget is due to begin in Parliament of 2015 shortly ahead of the vote on December 7... included in the 2015 budget would have to be amended in a new law that would follow. This would include all the measures proposed recently that were not incorporated in the budget. There is still

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  10. General gov't primary cash surplus rises to 3.4 bln in Oct but arrears also growing

    EconomyMacroeconomy

    in the 10-month period, with the state budget figure at 2.03 billion, making up more than half of total. Last year the state budget recorded a primary deficit of 2.4 billion. The primary surplus of extrabudgetary... by almost 200 million Local government arrears (348 million), the state budget (326 million

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