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  1. Primary surplus confirmed at 4.80 bln on lower tax refunds and public investments
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The budget primary balance was confirmed at a surplus of 4.80 billion euros in the first nine months of 2018, according to the final budget execution bulletin for September published by the Finance... billion seen in August. The balance for the same month last year came to 998 million euros. The budget

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  2. Athens and lenders yet to agree on how to drop pension cuts without creating fiscal gap
    Photo via http://www.delphiforum.gr/

    EconomyMacroeconomy

    presented a draft 2019 budget with two scenarios, adding that this created a good basis... last week that Brussels has approved Greece’s draft budget and that the pension cuts will be scrapped... percent for such a scenario in the draft budget. The local media has suggested that if the two sides

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  3. General govt primary cash surplus at 5.21 bln in September, arrears fall by 411 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , the state budget primary balance showed a decline of 181 million euros to come to a surplus of 2.17 billion... (-43 million), state budget (-24 million) and extrabudgetary funds (-2 million). Increases were noted... arrears fell by 698 million, followed by tax refunds (-66 million), state budget (-41 million

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  4. Primary cash surplus at 19.54 bln in October on monthly and aggregate expenditure falls
    Photo by MacroPolis

    EconomyMacroeconomy

    payments made during October, expenditure fell by 849 million euros. The Public Investment Budget (PIB... to a deficit of 651 million for the same time last year. The preliminary budget execution figures released by the Finance Ministry (MoF) for October showed that the budget primary balance came to a surplus

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  5. General govt primary cash surplus at 6.68 bln in October, arrears rise by 9 mln
    Photo by Manolis Tsafos/Fosphotos

    EconomyMacroeconomy

    budget primary balance showed a rise of 360 million euros to come to a surplus of 3.48 billion euros... funds (+45 million) and state budget (+7 million). Since the start of the year, total arrears have... by 732 million, followed by tax refunds (-138 million) and state budget (-33 million). Increases were

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  6. Primary cash surplus at 20.34 bln in November as revenues grow
    Photo by MacroPolis

    EconomyMacroeconomy

    Investment Budget (PIB) balance’s deficit came to 373 million in November from a deficit of 1.03 billion... the deficit of 1.68 million last year. The preliminary budget execution figures released by the Finance Ministry (MoF) for November showed that the budget primary balance came to a surplus of 7.61

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  7. General govt primary cash surplus at 7.62 bln in Nov, arrears fall by 42 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    million euros to come to 2.03 billion versus 2.49 billion noted a year ago. Overall, the state budget... by extrabudgetary funds (-28 million), state budget arrears (-22 million) and local governments (-11 million.... SSF arrears fell by 822 million, followed by state budget (-55 million), tax refunds (-31 million

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  8. Newsletter 190 -18/01/2018

    Newsletters

    in February. Greece’s 2019 budget was approved in November by the European Commission, with an emphasis... by 443 mln The budget primary balance came to a surplus of 3.16 billion euros in 2018, according to the preliminary budget execution bulletin for December published by the Finance Ministry (MoF

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  9. Primary cash surplus at 16.19 bln in 2018, 3.18 bln spent on reducing arrears
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    during December expenditure rose by 152 million euros. The Public Investment Budget (PIB) balance’s... of 3.51 billion last year. The preliminary budget execution figures released by the Finance Ministry (MoF) for December showed that the budget primary balance came to a surplus of 3.16 billion euros

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  10. Second post-MoU review set to begin as Athens eyes return to bond markets
    By Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    this week are the budget figures for 2018 and the prospects for Greece hitting its fiscal targets... dividend” and the backpay that was given out, it is thought that the 2018 budget will conclude... room as budget revenues are seen at the same level as in 2018 even though the economy is expected

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