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Newsletter 210 -07/06/2019
officials to give the new government the space it needs to implement its programme. “The 2020 budget... eurozone counterparts, Greece is due to send its draft 2020 budget to the European Commission... of recent years has been the result of a consistent under-execution of the budget. The European
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Eurogroup emphasises limited room for discussion on fiscal targets
EconomyProgrammeand 2022 as the 2020 budget will have to be drafted in September, before the new government has had... public investment budget, arrears are still at a high level; all that is not good for growth, therefore... budget is concerned, how the fiscal path will look like; how measures to promote growth
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Govt looks for ways to manage promised tax cuts as Mitsotakis continues European charm offensive
PoliticsGreek Politicsin the 2020 budget. Funding the reductions to corporate tax from 28 to 24 percent and dividend tax from 10... potentially create another 1.2 billion euros of breathing space in the budget annually. Ultimately... will hinge on the presentation of the draft 2020 budget. Mitsotakis hopes to be in a position
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General govt primary cash surplus at 1.78 bln in June, arrears drop by 3 mln
EconomyMacroeconomyfunds rose by 103 million euros to stand at 1.05 billion euros. Overall, the state budget primary...). No change was noted in state budget arrears, which remained at 64 million euros for a second month. Month... underlying subcategories. Hospitals showed the largest rise (+252 million), followed by state budget (+15
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Tax cuts spearhead Mitsotakis's message in Thessaloniki
PoliticsGreek Politicsthan being included in the 2020 budget being drafted by the Finance Ministry. One of the most... noted that there had been a budget overperformance during the summer... the 1.2 billion euros Greece is due to receive each year as budget revenues. The agreement made
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Household expenditure edges up again in 2018, still well below pre-crisis level
Society, of the family budget on food. For non-poor households,19.2 percent of the budget is spent on food..., the expenditure of such households on health comes to 9.2 percent of the family budget, while
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General govt primary cash surplus at 4.35 bln in Aug, arrears up by 270 mln
EconomyMacroeconomygovernments fell by 254 million euros to stand at 159 million euros. Overall, the state budget... by state budget arrears (+17 million) and extrabudgetary funds (+6 million). Declines were seen... (+207 million), state budget (+29 million) and local governments (+7 million). Declines were noted
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Vital economic legislation lined up as ND seeks compromise over diaspora vote
PoliticsGreek Politicstax and pension reforms as well as the adoption of the 2020 budget. Parliament’s full assembly... by removing some bureaucratic hurdles, while House committees are to start analysing the draft budget... prepare to share out the additional surplus from this year’s budget, which has been estimated at 380
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Government opts for modest tax relief, but who will benefit?
EconomyFeaturesin the accompanying report to the 2020 budget and they appear significantly lower, totalling 1.2 billion euros... to be approved in the context of the regular annual budget and the country’s debt relief agreement... as a 2,000-euro cash bonus for new babies. The latter is the only new spending measure in the 2020 budget
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General govt primary cash surplus at 7.50 bln in October, arrears fall by 54 mln
EconomyMacroeconomygovernments fell by 235 million euros to stand at 211 million euros. Overall, the state budget primary... noted in four out of the six underlying subcategories. The biggest increase came from state budget...), state budget arrears (+51 million) and local governments (+15 million). At 33.7 percent
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