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Newsletter 151 -16/02/2018
The budget primary balance recorded a surplus of 1.88 billion euros in the first month of 2018, beating the forecast by 1.16 billion euros, the Finance Ministry (MoF) preliminary budget execution
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Greek health care spending in the spotlight
EconomyFeaturesgovernments increased subsidies for the system and pushed the country’s health care budget deficit to 50... as a result. That said, Greece continues to spend a high proportion of its total health care budget
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New Democracy targets SYRIZA over law and order, independent institutions
PoliticsGreek Politics, published by ELSTAT on Monday, was 0.2 percentage points below the budget forecast of 1.6 percent... for Fiscal Policy, Franciscos Koutentakis, as the new head of the independent Parliamentary Budget Office
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General govt primary cash surplus at 1.98 in Jan, arrears fall by 167 mln
EconomyMacroeconomy, the state budget primary surplus rose by 963 million to 1.55 billion compared to 588 million a year ago... million) and state budget arrears (-46 million). Arrears to extrabudgetary funds fell by 12 million
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Primary cash surplus at 6.34 bln in Feb as expenditure, interest payments fall
EconomyMacroeconomya decline of 466 million euros for the current year to date. The Public Investment Budget (PIB... million euros compared to 197 million a year ago. As previously noted, the preliminary budget
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Primary cash surplus at 7.72 bln in March on strong underspend
EconomyMacroeconomy. The Public Investment Budget (PIB) balance surplus grew to 210 million from a very slight surplus of 1... million a year ago. The preliminary budget execution figures released by the Finance Ministry (MoF
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IMF raises forecast for primary surplus but differences with European lenders remain
EconomyMacroeconomyfiscal balance, the IMF sees an almost balanced budget in 2018, with a marginal deficit of -0.1... in 2020 and 2021. The budget is seen in complete balance next year. In 2023, the overall balance turns
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Extra taxation did not increase revenues in 2017
EconomyFeaturesrevenue figures for 2018 were eventually downward revised in the final budget draft tabled... investment budget will be 3.56 billion, up from 3.18 billion in 2017. Expenditure will be significantly
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The first cut is the deepest? Greek pension reforms in context
EconomyFeatures’ pensions directly out of the budget rather than through a pension fund. State pensions amounted... a grant, and the state pension as a separate budget item has been all but eliminated. Pension levels
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Primary cash surplus at 6.4 bln in year to date, expenditure rises during May
EconomyMacroeconomyarrears payments made in May, expenditure rose by 571 million euros. The Public Investment Budget... which came to 17 million euros. The preliminary budget execution figures released by the Finance
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