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Budget deficit balloons to 8.2 bln euros in July amid measures linked to pandemic
EconomyMacroeconomyThe budget primary balance widened substantially in July to 8.2 billion euros, from a deficit of 6.10 billion euros in the first six months of 2020, preliminary Finance Ministry (MoF) budget... in the 2020 budget last autumn before even any hint of the pandemic make little sense at this stage
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Budget primary confirmed at deficit of 9.07 bln in October
EconomyMacroeconomyThe budget primary balance recorded a deficit of 9.07 billion euros in the first ten months of 2020...) budget execution bulletin for October showed on Wednesday. In light of the final 2021 budget recently.... In the preliminary budget execution release for October, the primary balance was off target by 12.32
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Budget primary deficit beats March goal amid resilient income tax take
EconomyMacroeconomyThe budget primary balance recorded a deficit of 3.41 billion euros in the first three months... (MoF) budget execution bulletin for March showed on Monday. The primary balance was above its target by 952 million euros. Expenditure excluding interest payments and the public investment budget came
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Budget primary shows deficit of 8.17 bln in May, falling below target
EconomyMacroeconomyThe budget primary balance recorded a deficit of 8.17 billion euros in the first five months... Ministry (MoF) budget execution bulletin for May showed on Tuesday. The primary balance was below its target by 998 million euros. Expenditure excluding interest payments and the public investment budget
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Newsletter 186 -07/12/2018
Post-MoU actions on centre stage Pension cuts halted after Eurogroup approves 2019 budget, focus shifts to reforms Following the approval of Monday’s Eurogroup for the 2019 budget, the Greek... ministers gave Greece’s budget the green light. He also stressed that the focus will now
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Newsletter 485 - 21/11/2025
budget on Thursday affirmed that Greece is going through a period of economic and fiscal calm. However... the 2.2% estimate for this year. Private consumption is expected to remain robust, though slightly more moderate, rising by 1.7% compared with 1.9% this year. Once again, the budget anticipates a jump
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Newsletter 281 -22/01/2021
phase will need to be finalised in the summer and included in the 2022 budget, when the ministry... to redesign the budget after being forced to spend 6.5 billion euros of its 7.5 billion emergency allocation... the retail sector would save the budget 1.5 billion euros per month. Paring back the support
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Greek primary budget surplus to August narrows to 1.95 bln on lower revenues
EconomyGreece’s budget execution showed the primary surplus narrowing to 1.95 billion in the 8-month.... The 8-month budget deficit stood at 2.85 billion, more than 1 billion higher compared to that posted in the 7-month period. Despite the poorer revenue performance in August, the 8-month primary budget surplus
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Athens prepares final 2019 budget after green light to ditch pension cuts
EconomyProgrammeThe government is set to submit the final version of the 2019 budget to Parliament on Wednesday... now, it appears that there is nothing stopping Athens from ditching the measure when the budget... established,” he added. Final budget Unlike the draft version, the final budget will include only one
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Budget primary surplus confirmed at 6.95 bln in Nov
EconomyMacroeconomyThe budget primary balance showed a surplus of 6.95 billion euros in the first 11 months of 2019, compared to a surplus of 4.75 billion noted in November 2018, the final Finance Ministry (MoF) budget... 2020 budget that the primary balance at the end of this year will stand at 4.40 billion euros
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