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Budget primary surplus outperforms in 2-month, tax revenues underperform in Feb
EconomyMacroeconomyThe budget primary surplus was confirmed at 2.14 billion euros in the 2-month period of 2017, down by 25.2 percent from last year’s figure of 2.85 billion, the Finance Ministry (MoF) final budget... million, while consumption taxes also came in 101 million lower than target despite rising by 8.4
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Budget primary surplus confirmed at 1.94 bln in 2017 on expenditure fall
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 1.94 billion euros across the full 12..., the Finance Ministry (MoF) final budget execution bulletin showed on Wednesday. The primary surplus beat its... November’s negative balance of 684 million. The full year budget balance for 2017 recorded a deficit
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PM gathers funds to deal with aftermath of floods as political problem grows more acute
PoliticsGreek Politicsthat a supplementary budget of 500-600 million euros is likely to be needed in the coming weeks to cover... an acute political problem to deal with. Since the comfortable election victories in the summer, his.... This, the opposition feels, is being replaced by a sense that the same chronic problems with plagued Greece
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Finance Ministry seeks solutions to address growing housing problem
Economyto the housing problem as part of its general effort to restore relations with voters. In a wide-ranging... to housing, with a total budget of €6.5 billion. This allows interested parties to easily gather all
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Newsletter 185 -30/11/2018
in the national vote at a later date a foregone conclusion. BoG highlights NPE problem areas Report shows... at 6.44 bln in October Monthly figure confirmed against revised budget targets The budget primary balance... to the final budget execution bulletin published by the Finance Ministry (MoF) this week. The figure
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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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Greek pensions laid bare
Agoraof the system and consequently the state budget. No government since that report took the courageous... contributions The state budget covers public sector pensions (main and supplementary) as well...) is close to 1.2 billion euros. Pure pension-related grants, excluding EKAS, from the budget were
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Newsletter 181 -2/11/2018
Date eyed for deal on 2019 budget Nov 19 Eurogroup seen as key meeting as focus in Athens turns... the final version of the budget to Parliament at the end of the month. Finance Minister Euclid Tsakalotos... over the 2019 budget. IMF spokesman Gerry Rice has publicly confirmed that the Fund will leave it up
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Newsletter 274 -20/11/2020
to be a problem as the second wave hits. “The disparity of approaches adopted throughout Europe... as 2024. 2 Budget primary shows deficit at 9.06 bln October figure misses target by 12.32 billion euros The budget primary balance recorded a deficit of 9.06 billion euros in the first ten months of 2020
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Newsletter 261 -07/08/2020
governments, a rise of 143 million euros was seen, taking the total to 326 million. Overall, the state budget.... The budget primary balance for the same time last year came to a surplus of 253 million euros...). Declines were seen in local governments (-8 million), state budget (-7 million) and extrabudgetary
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