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Cash deficit to November rises to 9.9 bln as Greece pays off arrears
EconomyMacroeconomyon December 12, the budget deficit to November narrowed by 75 percent to 3.22 billion euros...: a) the inclusion of SMP income of 1.5 billion in budget execution as of July, which is excluded from BoG... is reported in BoG cash expenditure as of February, but is excluded from MoF budget figure since
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Greece records primary cash deficit in 2013
EconomyMacroeconomymillion. In contrast, the 2013 budget deficit narrowed by 66 percent to 5.35 billion euros... of 2.03 billion in budget execution, which is excluded from BoG calculation b) the repayment... as of February, but is excluded from MoF budget figure since it refers to previous years’ fiscal performance
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Come back Cleisthenes, all is forgiven
Agoraensured the Greek people that their economy was “fortified” and his government drew up a 2009 budget.... By May, the state budget deficit was already at 14.4 billion euros, with 43 percent of the budgeted... for the mayorship in May’s elections. Kaklamanis has dismissed Kaminis achieving a balanced budget despite seeing
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No victory, just plenty of misery
Agorawith Greece: In 2010 it was a country that ran a budget deficit, not including debt servicing, in the region... the holes in your budget will not be too harsh. Failing to secure an assistance programme would mean having to wipe out a 24-billion-euro deficit and balance the budget in one fell swoop rather than
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General gov't cash surplus rises to 3.54 bln at end of Feb, more than double last year
EconomyMacroeconomyis the state budget (1.94 billion), while all other gg institutional bodies also showed a positive primary...) amounting to 48.72 billion. A similar figure (49 billion) was included in the 2014 budget, while the respective figure in 2013 budget stood at 52.85 billion. The state gross debt eased by 2.4 billion
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European Commission review of Greek programme: The key points
EconomyProgrammefinancial management reforms, further improvements in the area of budget preparation are still needed... of only a limited portion of the sizeable 2013 fiscal over-performance, shortfall in social budget... billion envisaged by the Greek government in the 2014 budget. The new cumulative privatisation target
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Q1 gg primary cash balance shows 2.5 bln surplus but 2014 arrears grow
EconomyMacroeconomyin the 2-month period. The worsening gg fiscal performance in March is due to the state budget. The state budget primary surplus at 881 million remains the key contributor to the gg primary balance in Q1 2014 followed by social security funds at 820 million. However, the state budget posted a primary
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Public deficit and democratic duty
Agoraof public utilities. Also, regardless of the argument about adding the utilities to the budget, there can... through the budget execution data from the months before PASOK came to power to see that the New... as early as May 2009, the state budget deficit was already at 14.4 billion euros, with 43 percent
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Greece's troika talks begin with apparent deal on 2015 surplus
EconomyProgrammefiscal targets to accommodate tax reliefs. The MoF official also noted that the 2015 draft budget... percent will be incorporated in the final 2015 budget, which is expected to be tabled in Parliament... International Fair in the draft budget. Troika representatives are due to meet with Development
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Greek primary cash surplus more than doubles to 2.45 bln at end of August
EconomyMacroeconomyperiod with the highest portion stemming from state budget (1.29 billion euros) followed...) stood at the low-end below the 300-million mark. The state budget primary cash surplus shrank... of the all sub-sectors. Arrears of the state budget (265 million euros), local government (345 million
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