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  1. 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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  2. 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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  3. Reported widening of revenue shortfall in Feb as liquidity worries persist

    Economy

    Ahead of the publication of February’s budget execution figures next week, Finance Ministry sources... Economic adjustment program methodology. On a cash basis though, it impacts the 2015 budget. The preliminary budget execution bulletin is published on the 10th (or shortly after that) of each month

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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. Updated Greek reform proposals see 2015 primary surplus reaching programme target 3 pct

    EconomyProgramme

    by the previous government. In contrast to the 2015 budget, which forecasted a slight inflation of 0.3... of the anticipated general government entities’ fiscal performance shows that the state budget... are forecasted at 19 billion euros, 2.7 billion lower than those incorporated in the 2015 budget. The document

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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. 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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  10. Newsletter 43 - 18/09/2015

    Newsletters

    , the Finance Ministry has to adopt a supplementary 2015 budget, the draft 2016 budget and a 2016–19... the unemployment rate improved by 2 points. Primary surplus almost doubles Greece’s budget primary surplus

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