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Primary cash surplus widens by 1.8 bln to 4.84 bln by end of Oct
EconomyMacroeconomyyear’s Public Investment Budget (PIB) deficit of 364 million to a surplus of 375 million this year... reported in the Finance Ministry (MoF) budget execution bulletin are calculated on a modified cash basis... and a reversal of last year’s Public Investment Budget (PIB) deficit of 364 million to a surplus
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Newsletter 59 - 22/01/2016
stake in Thessaloniki Port Authority (OLTH) in April. The budget execution for 2015 showed revenues...-expected Public Investment Budget (PIB) balance led to a budget primary surplus of 2.27 billion for 2015
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General government primary cash surplus triples to 3 bln by February, arrears climb to 6.1 bln
EconomyMacroeconomyin the state budget figure, which climbed to 2.55 billion from 850 million last year. Extrabudgetary... was recorded by arrears of extrabudgetary funds (+247 million) followed by state budget (+147 million... percent of total. In addition, tax refunds’ arrears stand at 658 million, state budget at 584 million
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Primary cash surplus widens to 2.85 bln in Q1
EconomyMacroeconomya rise in revenues and the Public Investment Budget (PIB) balance coupled with lower expenditure. Ordinary budget revenues eased 0.2 percent to 3.31 billion in March. However, the strong performance... of the year. The budget execution figures, which are calculated under a different accounting method, showed
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Asking Greece to stack more austerity measures ignores past failings
Agorain the first quarter of 2016. Yet, the budget execution of that year missed the primary surplus... was too late to act, it submitted a budget that intended to cut the deficit by 3.6 percentage points... on the memorandum with the troika, Greece tabled a 2011 budget that had an additional 9.2 billion in measures
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Primary cash surplus improves to 2.93 bln at end of April
EconomyMacroeconomyof the 4-month figure reflects higher revenues and Public Investment Budget (PIB) coupled with lower expenditure. In specific, ordinary budget revenues fell 5.5 percent in April, but the 4-month figure rose... positive and reached 1 billion improving from last year’s surplus of 703 million. The budget execution
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Primary cash surplus widens to 2.66 bln in first five months of 2016
EconomyMacroeconomyand to a lesser extent higher Public Investment Budget (PIB) balance. In particular, ordinary budget... from last year. The budget execution figures published by the Finance Ministry on Thursday showed
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Newsletter 83 - 22/07/2016
of the methods used. The budget execution for the first half of the year showed primary surplus notably... of 1.06 billion. Budget revenues soared 33.9 percent in June, leading the six-month figure up 7... be completed by the end of July. Primary surplus widens Greece’s budget primary surplus widened to 2.48
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General govt primary cash surplus expands to 3.3 bln at end-June, arrears rise to 7.2 bln
EconomyMacroeconomyand of the social security funds (SSF) by 1.05 billion followed by a rise in the state budget primary... million. In absolute terms, the state budget and the extrabudgetary funds’ primary cash surpluses... accounting for more than 16 percent of total arrears. In addition, state budget arrears increased
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Primary cash surplus to July falls to 2.4 bln, including arrears repayment of 1.1 bln
EconomyMacroeconomyat 4.33 billion down by 7.6 percent. The Public Investment Budget (PIB) balance posted a deficit of 378... (MoF) published the budget execution bulletin showing a primary surplus of 3.57 billion... that the budget figures reported by the MoF do not including the expenditure related to arrears
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