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  1. General gov't primary cash surplus more than doubles to 4.14 bln in 2015, arrears ease to 5.4 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    performance reflects primary cash surpluses in all four sub-sectors. The figures for the state budget... and social security funds (SSFs) posted a surplus of 506 and 432 million respectively. Compared to last year, state budget recorded the most notable improvement in its primary cash surplus by 1.92

    34%
  2. General govt primary cash surplus at 6.25 bln in September, arrears drop by 82 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    to the Finance Ministry’s (MoF) monthly gg bulletin. The surplus was led by the state budget primary... governments fell by 166 million euros to stand at 233 million euros. The breakdown of the state budget... an increase of 506 million. Transfers rose by 501 million euros YoY to come to 3.22 billion euros. Increases

    34%
  3. Q1 gg primary cash balance shows 2.5 bln surplus but 2014 arrears grow

    EconomyMacroeconomy

    in the 2-month period. The worsening gg fiscal performance in March is due to the state budget. The state budget primary surplus at 881 million remains the key contributor to the gg primary balance in Q1 2014 followed by social security funds at 820 million. However, the state budget posted a primary

    33%
  4. Reported widening of revenue shortfall in Feb as liquidity worries persist

    Economy

    Ahead of the publication of February’s budget execution figures next week, Finance Ministry sources... Economic adjustment program methodology. On a cash basis though, it impacts the 2015 budget. The preliminary budget execution bulletin is published on the 10th (or shortly after that) of each month

    33%
  5. General govt primary cash surplus at 5.93 bln in Dec, arrears fall by 584 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    ). The primary surplus of the state budget rose by around 309 million to stand at 4.51 billion euros...-on-month decreases came from SSFs (-240 million), hospitals (-160 million) and state budget arrears (-78..., extrabudgetary funds by 61 million and state budget arrears by 18 million. SSF arrears represent

    33%
  6. 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

    33%
  7. 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

    33%
  8. General govt primary cash surplus at 5.63 bln in Dec, arrears fall by 536 mln but miss target
    Photo by MacroPolis

    EconomyMacroeconomy

    governments rose by 80 million to 692 million. Overall, the state budget primary balance declined by 276... subcategories. The biggest fall came from tax refunds which fell by 228 million in December to come to 506... budget arrears (-29 million). Extrabudgetary fund arrears rose by a slight 1 million euros

    33%
  9. General govt primary cash surplus at 8.84 bln in November, arrears fall by 195 mln
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    budget primary balance showed a rise of 2.89 billion euros, landing at 7.28 billion euros this year..., which came to 3.80 billion and showed an increase of 506 million. Compensation rose by 496 million.... This was followed by tax refunds (-48 million), state budget (-27 million) SSFs (-23 million), extrabudgetary funds

    33%
  10. Central gov't cash deficit down to 1.14 bln in March

    EconomyMacroeconomy

    basis. The remaining difference (277 million) is owed to changes in the state accounts with the BoG... for the budget execution are disclosed on a modified cash basis. Cash revenues rose 2.7 percent to 10.53... percent. Interest payments on a cash basis rose 4.7 percent to 1.99 billion, in line with the budget

    32%