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  1. Primary balance on target in Oct, revenues beat target thanks to tax and tourism VAT
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance up to October landed at a deficit of 7.2 billion euros, compared... (MoF) budget execution data released on Monday. The primary balance was broadly in line... have outperformed the target by 1.38 billion euros. The budget balance up to October recorded

    15%

  2. Current account balance improves YoY in Sep thanks to a jump in services, led by travel
    Photo by MacroPolis

    EconomyMacroeconomy

    billion euros in August, Bank of Greece (BoG) data showed on Friday. In September 2020, the balance showed... in the services balance, partially offset by a deterioration in the balance of goods and the primary and secondary income accounts. The deficit for the balance of goods in September came to 2.3 billion

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  3. Current account deficit widens to 780.8 mln in Oct, led by deterioration in goods balance
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    , the balance showed a deficit of 735.7 million euros, while in October 2019 the current account posted... by a deterioration in the balance of goods and the primary and secondary income accounts, which was partly offset by an improvement in the balance of services. The deficit for the balance of goods in October came

    15%

  4. Worsening goods balance pushes current account deficit to 2.52 bln in Nov, highest since 2011
    Photo via https://flic.kr/p/ptm7qc

    EconomyMacroeconomy

    euros in October, Bank of Greece (BoG) data showed on Thursday. In November 2020, the balance... in the balance of goods and the primary and secondary income accounts, which was partly offset by an improvement in the balance of services. This is the deepest current deficit that Greece has seen since

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  5. Budget primary balance up to Feb beats target by 1.09 bln on back of underspend
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance for the first two months of 2022 came to a surplus of 847 million euros... to the preliminary Finance Ministry (MoF) budget execution data released on Tuesday. The primary balance is well... balance in February showed a deficit of 903 billion euros, from a 3.27-billion-euro deficit

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  6. March budget primary balance short of target, but taxes continue to overperform
    Finance Ministry

    EconomyMacroeconomy

    The budget primary balance for the first three months of 2022 was confirmed at 1.65 billion euros... Finance Ministry (MoF) budget execution data released on Tuesday. The primary balance was below... billion euros. The budget balance in March came to a deficit of 3.88 billion euros, from

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  7. Budget primary balance to May beats target by wide margin, taxes continue to outperform
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance for the first five months of 2022 came to a deficit of 1.49 billion... to the preliminary Finance Ministry (MoF) budget execution data released on Wednesday. The primary balance beat.... The budget balance up to May showed a deficit of 4.06 billion euros, from a 10.8-billion-euro deficit

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  8. Budget primary balance in H1 beats target by 1.47 bln on back of improved tax haul
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance for the first half of 2022 came to a deficit of 3.43 billion euros... Finance Ministry (MoF) budget execution data released on Monday. The primary balance beat the target... balance up to June showed a deficit of 6.55 billion euros, from a 12.22-billion-euro deficit in June 2021

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  9. Balance of payments shows shipping on course for bumper year, but economic benefits unclear

    EconomyFeatures

    Shipping provided the one bright spot in Greece’s trade balance in May, with transportation...”. It is not possible to gauge the impact of this particular strand of activity on the overall shipping balance from... For the Greek economy the benefits are less clear-cut. The effect of the shipping boom on the balance

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  10. Budget primary balance beats target by 4.64 bln in July on back of impressive tax performance
    Finance Ministry

    EconomyMacroeconomy

    The budget primary balance up to July 2022 came to a deficit of 1.17 billion euros, compared... Ministry (MoF) budget execution data released on Tuesday. The primary balance beat the target by 4.64... revenues came to 33.7 billion euros, above target by 4.8 billion euros. The budget balance during

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