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Budget primary balance confirmed at 495 mln in January
EconomyMacroeconomyThe budget primary balance was confirmed at a primary surplus of 495 million euros in the first month of 2020, below target by 773 million euros, the Finance Ministry (MoF) final budget execution... euros, exceeding the target by 232 million. This was mostly driven by increased interest payments
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Newsletter 285 - 19/02/2021
investment budget came to 4.24 billion euros. Net revenues came to 3.85 billion euros, below target by 812... wildfire in 2018, which resulted in the deaths of more than 100 people. At the time, New Democracy... they burnt 100 people,” said the minister. His comment provoked a furious response from SYRIZA. Raised
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Government tables 2016 budget, upgrades GDP forecasts but leaves fiscal estimates unchanged
EconomyMacroeconomyThe Finance Ministry (MoF) tabled the 2016 budget in Parliament on Friday. Parliamentary Speaker... sessions. The discussion in the plenary is scheduled to start on December 1 and the budget is due... previous macro assumptions incorporated in the 2016 draft budget published on October 5. GDP is now
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Greece's 2015 budget: A breakdown of all the key figures
EconomyMacroeconomyThe Greek Finance Ministry (MoF) tabled in Parliament the 2015 budget on Friday, with the headline... held with the heads of troika on Thursday, the budget does not have the troika’s approval... (1.8 percent of GDP), lower than the 2 percent incorporated in the draft budget and the 2.3 percent
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Greece and the euro: The flight of Icarus
Agorawas more than 100 percent of GDP – the second highest in the EU. This should have been a cause for alarm... that it underestimated by more than 100 percent the recessionary impact that spending cuts – the so... ($310 billion) from its bailout is going towards repaying existing debt means the amount Greece owes
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Budget for 2017 sees primary surplus at 2 pct on 2.6 bln fiscal measures, strong growth
EconomyMacroeconomyFinance Minister Euclid Tsakalotos tabled in Parliament on Monday afternoon the 2017 budget... were included in the draft budget that was tabled on October 3. Fiscal estimates The general..., is expected to reach 1.09 percent of GDP in 2016, higher than both the draft budget estimate of 0.63
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Newsletter 310 - 01/10/2021
to be addressed with urgency and has already increased the budget for the subsidy of electricity... in February this year when it grew by 3.7 pct. Retail The latest household budget survey by ELSTAT
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PM pledges handouts amid discontent and gripes over coronavirus strategy
PoliticsGreek Politicson a proposal. However, it should be noted that since the budget is already heading for a large deficit... financial website that the total available for the end of year gift is likely to be less than 100... reached 310. Mitsotakis’s chief of staff, Akis Sketsos, indicated that the government will monitor
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Greek primary budget surplus halved in Jan as revenues miss target
Economyexpenditure was almost 100 million better than target. A similar pattern was also evident in the budget...Greece’s budget execution showed the primary surplus halving to 443 million euros in January from 835 million last year, according to the Finance Ministry (MoF) preliminary budget bulletin published
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Storm fallout sweeps PM to crucial juncture early in second term
PoliticsGreek Politicsof compensation, as well as repurposing funds from the state investment budget. Kyriakos Mitsotakis said... the options available. The Finance Ministry will probably have to submit a supplementary budget this autumn to account for the extra spending, while the drafting of next year’s budget will also have
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