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EC report analyses state of play with privatisations as HELPE hits obstacle
EconomyFeaturesstage. Privatisation targets In the government’s final budget for 2019, the target for privatisations stands at 350.6 million euros. The final budget primary balance for 2018 showed that privatisation proceeds were confirmed at 234 million. In its budget targets, the Ministry of Finance (MoF
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Newsletter 203 -15/04/2019
part of its bailout programme. 2 Primary surplus at 1.46 bln in Mar Budget balance for first three months records a deficit of 750 million The budget primary balance recorded a surplus of 1.46..., the Finance Ministry (MoF) preliminary budget execution bulletin showed. The primary surplus
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General govt primary cash surplus at 1.98 bln in March, arrears rise by 62 mln
EconomyMacroeconomybudget primary balance showed a fall of 426 million euros to come to 1.17 billion euros this year... funds (-10 million). Increases were noted in hospitals (+85 million) state budget (+35 million... million euros) and state budget (+32 million euros). At 28.2 percent of the total, SSF arrears made up
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Athens warned about missing fiscal targets rather than changing them unilaterally
EconomyProgramme. And that would be more so next year. Of course next year, a new budget will be needed and measures...; it will be discussed in the context of the 2020 budget, it’s not on the agenda right now.” Regling did hint... budget.
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PBO sees fiscal target being reached despite expansionary measures
EconomyProgrammeIn its quarterly report published on Wednesday, Parliament’s Budget Office (PBO) does not share.... The bonus that was paid out to pensioners in way of a 13th pension had a budget cost of 830 million euros..., are adamant that the measures will throw this year’s budget off track. These concerns are likely
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General govt primary cash surplus at 1.68 bln in April, arrears rise by 164 mln
EconomyMacroeconomyfor extrabudgetary funds rose by 349 million euros to stand at 397 million euros. Overall, the state budget primary...), extrabudgetary funds (-9 million) and state budget (-7 million). A rise of 283 million euros was noted...) and state budget (+22 million). Declines were noted in SSFs (-77 million euros) and extrabudgetary
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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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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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