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No country for reluctant peacemakers
Agora) the reunification of the island (Christofias-Talat, Anastasiades-Akıncı). If they did not manage to reach
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Greece holds back spending, rakes in one-off revenues for 2.1 bln primary surplus at end of April
EconomyGreece’s budget execution showed the 4-month primary surplus more than doubled year on year (YoY... budget bulletin published on Monday. The reading is 60 million euros lower than the preliminary figure... primary expenditure (1.46 billion better than target) b) Higher Public Investment Budget (PIB) balance
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Newsletter 208 -31/05/2019
, Parliament’s Budget Office (PBO) does not share the concerns of the country’s lenders about... of a 13th pension had a budget cost of 830 million euros net of taxes and social insurance contributions... that the measures will throw this year’s budget off track. These concerns are likely to be highlighted
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VAT and income taxes buoy revenue performance as primary surplus target is beaten in Sep
EconomyMacroeconomyThe budget primary balance in September was confirmed at a surplus of almost 6 billion euros... Ministry (MoF) budget execution data released on Wednesday. In the nine months of the year, the budget... budget, came to 36.3 billion euros. Net revenues came to 48.3 billion euros. The budget balance up
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Is a lack of spending hampering Greece's firefighting capabilities?
Societywith this approach, and it is not all down to austerity. Where does the firefighting budget go? The Greek... Service unions. In fact, the total budget for the Fire Service, a major part of which is spent putting... in the 2018 budget, an increase of over 70 million euros over seven years. Between 2011 and 2017
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Increased revenues push Greek budget primary surplus up to 2.28 bln at end of July
EconomyMacroeconomyGreece’s budget primary surplus widened to 2.28 billion euros in the 7-month period from 707 million posted in the first half of the year, according to the final budget execution bulletin released... of income tax, with its first instalment due by the end of July. The 7-month state budget deficit reached
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Greek budget primary surplus at 3.57 bln by end of November, beating target by 691 mln
EconomyMacroeconomyGreece’s budget execution posted a primary surplus of 3.57 billion euros in the 11-month period, according to the Finance Ministry (MoF) final budget bulletin. This is 33 million euros higher than... of 880 million by October. Similarly, the 11-month budget deficit reached 1.83 billion, 706 million
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Budget revenues rebound in August but shortfall remains at 4.2 bln
EconomyMacroeconomyGreece’s budget primary surplus almost doubled to 3.8 billion euros in the 8-month period of 2015 from 1.95 billion euros last year, the Finance Ministry (MoF) preliminary budget figures showed...) as well as higher Public Investment Budget (PIB) balance (by 1.44 billion) more than offsetting
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Greek 2016 draft budget contains 6.4 bln in new fiscal measures, sees recession ahead
EconomyMacroeconomyThe Greek Finance Ministry (MoF) submitted the 2016 draft budget to Parliament on Monday evening... at 173.74 billion euros for 2015, 6 percent lower than last year’s budget and 3 percent below 2014 figure...) signed with the eurozone in mid-August. Budget revenues this year were downward adjusted by 1.82
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Budget execution slips in Sept as 3.08 bln primary surplus turns to underperformance
EconomyMacroeconomyGreece’s budget execution showed a deterioration in September, with the primary balance recording... in Public Investment Budget (PIB) expenditure to 607 million euros from a cumulative figure of less than... surplus of 3.08 billion implies a rise by 21.6 percent. In addition, the budget deficit continues
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