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  1. EC sees resilience in Greek economy, urges additional measures in 2016 and 2017
    Photo by Sebastien Bertrand via Flickr https://flic.kr/p/7ZRenG

    Economy

    In its winter economic forecasts published on Thursday, the European Commission (EC) aligned its GDP estimates with those incorporated in Greece’s 2016 budget calling for GDP growth in 2015.... In addition, the EC stresses that although the 2016 budget envisages additional savings of 1.1 percent

    9%

  2. Newsletter 61 - 05/02/2016

    Newsletters

    system is not currently sustainable since the budget pays each year around 10 percent of GDP... such as Lesbos, Kos and Samos are considerable. However, the UNHCR budget is limited. In 2015

    9%

  3. Clock ticks on bailout review but big gaps remain between Greece, lenders

    EconomyProgramme

    in question, possibly through the passing of a new law. Fiscal issues and MTFS Although budget... by 1.13 billion, there are several items worth around 1 billion (0.6 percent of GDP) in the 2016 budget

    9%

  4. Primary cash surplus of 386 mln in Jan from deficit last year

    EconomyMacroeconomy

    is fully attributed to the soaring Public Investment Budget (PIB) surplus of 429 million this year from... stood at 116 million up 52.6 percent over last year’s figure of 76 million. The budget execution

    9%

  5. A closer look at 2015 revenues reveals size of hit they took
    Photo via Flickr https://flic.kr/p/nphVW

    EconomyMacroeconomy

    report on a monthly basis. The bulk of the reported figures were already known from the final budget.... In the 2016 budget, the Finance Ministry incorporated revenues from VAT reshuffling of 427 million euros

    9%

  6. General gov't primary cash surplus climbs to 1.3 bln in Jan, arrears resume upward trend
    Photo by MacroPolis

    EconomyMacroeconomy

    in the budget figure, which rose by 685 million to 927 million in January. Extra-budgetary funds followed... at 706 million, state budget at 437 million, local governments at 283 million and extra-budgetary

    9%

  7. Gov't unveils bill to overhaul pension system, increase income tax revenues

    EconomyProgramme

    working years. The national pension is not funded by contributions but only from the state budget... of 190 million euros in 2016 that was never implemented. The 2016 budget envisaged gaming revenues

    9%

  8. General gov't primary cash surplus widens to 3.2 bln in March, arrears jump to 6.7 bln

    EconomyMacroeconomy

    in the cash surplus of the extrabudgetary funds followed by state budget (+679 million) and social... budget stood at 2.31 billion and remains the key contributor to the overall balance. Extrabudgetary funds

    9%

  9. General gov't primary cash surplus for Jan-Apr quadrupled to 2.6 bln, arrears stable at 6.7 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    in the state budget (+697 million) and social security funds - SSFs (+139 million). In contrast... that the state budget’s primary cash surplus reached 2.29 billion euros and remains the key contributor

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  10. Technical MoU provides more detail on fiscal brake, arrears and privatisations

    EconomyProgramme

    category’s budget ceiling. Discretionary expenditure excludes all categories that do not involve pension..., net of EU transfers to the Greek budget for migration-related costs, are excluded from

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