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  1. 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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  2. Greek primary cash surplus up to 2.61 bln at end of November

    EconomyMacroeconomy

    the respective items included by the Ministry of Finance (MoF) in the budget execution bulletin are calculated... retreated 9.7 percent to 5.47 billion, slightly above the respective budget figure of 5.39 billion... budget execution released by MoF last Friday.

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  3. General government cash surplus widens to 3.68 bln in November, arrears down by 502 mln

    EconomyMacroeconomy

    budget surplus at 1.83 billion, corresponding to almost half of total. Last year state budget had posted... up 17 percent of total. The other three gg subsectors showed modest movements with state budget

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  4. General gov't primary surplus shrinks to 419 mln in January

    EconomyMacroeconomy

    deterioration in the primary balance of all subsectors. The state budget posted the highest surplus at 242... surplus of 538 million in January 2014. The fiscal deterioration in state budget and extrabudgetary... of total). The other subsectors showed slower changes with state budget arrears down 22 million MoM to 135

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  5. Greek DSA: Don't Say Anything about the debt
    Photo by MacroPolis

    Agora

    presented in the November 2012 agreement. It assumes sizable primary budget surpluses that would double.... In the current assumption of budget surpluses that exceed 4 percent of GDP, the IMF assumes a cumulative... understanding that the pretence of Greece being able to deliver budget surpluses of such magnitude for a decade

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  6. Sharp drop in gg primary surplus by end-April, arrears keep rising
    Photo by MacroPolis

    EconomyMacroeconomy

    gg entities continued to display mixed trends for this year. The budget primary cash surplus soared.... The biggest MoM increase in April was recorded in state budget (+204 million) and in SSFs (+157 million... percent) and state budget with an increase by 321 million to 478 million (10 percent). The positive

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  7. Greek pensions laid bare
    Photo by MacroPolis

    Agora

    of the system and consequently the state budget. No government since that report took the courageous... contributions The state budget covers public sector pensions (main and supplementary) as well...) is close to 1.2 billion euros. Pure pension-related grants, excluding EKAS, from the budget were

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  8. Primary surplus 3.1 bln above target in H1 on severe underspend

    EconomyMacroeconomy

    Greece’s budget primary surplus widened to 1.88 billion euros in the first six months of 2015 from 1.51 billion in the five-month period, according to the Finance Ministry (MoF) final budget bulletin... Investment Budget (PIB) balance (by 1.81 billion) more than offsetting a revenue gap of 1.67 billion

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  9. Greek government commits to new fiscal measures for third bailout

    EconomyMacroeconomy

    budget for 2015 and, if necessary, a draft budget for 2016 and a medium-term fiscal strategy... in 2016 budget In addition, the government pledged to adopt in October reliable structural measures aimed

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  10. Newsletter 41 - 04/09/2015

    Newsletters

    Budget execution data shows the revenue gap widened by 2.65 billion in July, bringing the figure... tables the 2016 draft budget. In the course of this year, only one monthly reading – in July, when... initial monthly budget targeting, assumes that PIT payments will be made in three instalments, this has

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