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  1. Newsletter 187 -14/12/2018

    Newsletters

    to the Finance Ministry’s (MoF) monthly gg bulletin. Overall, the state budget primary balance showed a rise... projection in the budget sees the HICP rising by 0.8 percent in 2018. Q3 wages index up by 2.8 pct QoQ

    4%
  2. S&P keeps B+ rating and positive outlook, stresses factors for stronger growth
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    for a more cautious approach. S&P sees a stabilising economic outlook, which is coupled with solid budget... at the end of adjustment programme last summer. On the budget commitments, S&P sees a risk

    4%
  3. Pension outlay still falling, 40.4 pct of main monthly payments below 500 euros
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    ministers gave Greece’s 2019 budget the green light in December. The budget had included scenarios

    4%
  4. Newsletter 191 -25/01/2018

    Newsletters

    of the “social dividend” and the backpay that was given out, it is thought that the 2018 budget... wiggle room as budget revenues are seen at the same level as in 2018 even though the economy

    4%
  5. IMF outlines areas in which Greece needs further reforms, where it should apply caution
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyProgramme

    that the minimum wage rise could have a negative effect on the budget as spending will increase because 24... euros in retroactive payment and an ongoing impact on the budget in the region of 0.2 percent

    4%
  6. Primary cash balance at deficit of 34 mln in March
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to March rose by 758 million euros to stand at 12.67 billion euros. The Public Investment Budget (PIB... euros compared to a surplus of 783 million euros last year. The preliminary budget execution

    4%
  7. Newsletter 204 -03/05/2019

    Newsletters

    unchanged The budget primary balance was confirmed at a surplus of 1.44 billion euros in the first... (MoF) final budget execution bulletin showed this week. The primary surplus surpassed its target

    4%
  8. EC spring forecast sees growth of 2.2 pct in 2019, 2020 but warns of hampered public investments
    Photo by TP via Flickr https://flic.kr/p/5WRaRc

    EconomyMacroeconomy

    highlights is due in part to heavy underspending of the public investment budget. Overall, gross fixed... under spending of the public investment budget. The Commission noted that the general government

    4%
  9. Primary cash balance at surplus of 232 mln in Apr

    EconomyMacroeconomy

    by 1.19 billion euros to stand at 16.57 billion euros. The Public Investment Budget (PIB) balance came... million euros, declining by 650 million euros year-on-year. The preliminary budget execution figures

    4%
  10. Payment plans for overdue debts launched as Athens looks for revenue boost
    Photo by MacroPolis

    EconomyProgramme

    to question Euclid Tsakalotos in more detail about the budget execution. It is worth noting... 2018. Indeed, the 2019 budget had already partially reversed some programme measures, including

    4%