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  1. Budget primary surplus of 2.5 bln in first half of 2016, revenues rebound in June

    EconomyMacroeconomy

    Greece’s budget primary surplus widened to 2.48 billion euros in the first half of 2016, up by 31.5... (MoF) preliminary budget execution bulletin displayed on Tuesday. Compared to target, the headline... of 1.06 billion. In addition, the Public Investment Budget (PIB) balance also came in 241 million above

    6%

  2. PBO report highlights short-term recessionary impact and tax-centric austerity of 2017 draft budget

    EconomyMacroeconomy

    The Parliamentary Budget Office (PBO) published an interim report on Wednesday evening commenting on the 2017 draft budget tabled by the Finance Ministry on October 4. The report highlights that 2017 budget is expected to have a short-term recessionary impact on the economy, since expenditure cuts

    6%

  3. Fiscal Council adopts 2017 budget forecasts with three reservations
    Photo by Panayiotos Tzamaros

    EconomyMacroeconomy

    Following the tabling of the 2017 budget in Parliament on Monday, the Greek Fiscal Council... budget, EFKA and ETEAP (unified fund for supplementary pensions) revenues are seen rising by 1.5... on consumption is directly linked to the optimistic macro assumptions of the budget, the Fiscal Council notes

    6%

  4. Significant revenue outperformance drives budget primary surplus to 4.4 bln in 2016
    Photo by Panyiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s budget primary surplus stood at 4.39 billion in 2016, almost double the 2015 figure of 2.27 billion, the Finance Ministry (MoF) preliminary budget execution bulletin revealed on Tuesday... (by 1.82 billion) also supported by lower Public Investment Budget (PIB) deficit (by 258 million

    6%

  5. Athens and lenders search for budget compromise by Thursday's EWG
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    budget, although the form that their agreement will take is a matter of some dispute. Prime... between Athens and the lenders will have to be approved by the powerful budget committee in the Bundestag... reported that the European Commission has asked for the budget of the housing scheme announced by Tsipras

    6%

  6. Primary surplus confirmed at 6.44 bln in October on revised budget targets
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The budget primary balance was confirmed at a surplus of 6.44 billion euros in the first 10 months of 2018, according to the final budget execution bulletin for October published by the Finance... (YoY) rise of 20.7 percent. The targets for the budget were revised from the preliminary figures

    6%

  7. Budget primary surplus at 5.76 bln in October as expenditure drops
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The budget primary balance recorded a surplus of 5.76 billion euros in the first ten months of 2019...) budget execution bulletin showed on Monday. The primary surplus surpassed its target by 3.44..., the current monthly primary balance’s surplus edged down by 0.5 percent. The budget balance in the first ten

    6%

  8. Budget primary surplus at 595 mln in March
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The budget primary balance recorded a surplus of 595 million euros in the first three months...) budget execution bulletin showed on Wednesday. The primary surplus was above its target by 169 million... month last year, the primary surplus stood at 621 million euros. The budget balance in the first three

    6%

  9. Budget primary surplus at 494 mln in Mar amid first signs of Covid-19 impact on revenues
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance recorded a surplus of 494 million euros in the first three months of 2020, compared to a surplus of 1.44 billion in March 2019, the final Finance Ministry (MoF) budget execution bulletin showed on Monday. The budget execution data showed the first signs of the impact

    6%

  10. Budget primary shows deficit of 13.75 bln in November
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The budget primary balance recorded a deficit of 13.75 billion euros in the first eleven months...) budget execution bulletin for November showed on Monday. The primary balance was above its target... in October. For the same month last year, the primary surplus came to 1.21 billion euros. The budget

    6%