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  1. PBO sees encouraging signs for economic and fiscal outlook
    Photo by MacroPolis

    EconomyMacroeconomy

    The Parliamentary Budget Office (PBO) struck a rather positive note in its latest quarterly report as several fiscal and macro fronts are moving in the right direction. The report highlights... “particularly encouraging,” reflecting the fiscal robustness of the Greek economy with the budget hitting

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  2. General govt primary cash surplus at 899 mln in January, arrears rise by 38 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    , the state budget primary balance showed a fall of 486 million euros, landing at 494 million euros... million) and state budget (-5 million). Tax refunds account for the lion’s share of​ arrears at 30.1

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  3. Govt extends 800-euro bonus, heralds loan payment holiday for individuals as well as firms
    Photo via www.government.gov.gr

    Economy

    latest public address on Thursday that the government would add another 3 billion euros from the budget... revised. Staikouras said that a supplementary budget for 2020 would be drafted, with the Finance

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  4. Greece heads back to markets with 7-year bond in bid to boost own funds
    Photo by MacroPolis

    Economy

    is to secure the necessary resources to plug the budget gaps being formed by the extensive set... intakes. Greece hopes to base its budget-funding strategy on three pillars. The first is to evaluate

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  5. Greece takes first round against Covid-19 but fight continues
    Photo by Natasha Pantazopoulou/Fosphotos

    Agora

    . A report by the Parliamentary Budget Office has called for more public investment in the health system... a disproportionate part of the budget (1.2 percent of GDP, second only to Germany’s 1.3 percent GDP

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  6. Will the Covid-19 crisis undermine the EU Green Deal? A view from Europe's periphery
    Photo by Can Esenbel

    Agora

    . Concretely, the EU budget dedicated to the Green Deal amounts to no more than 0.3% of annual EU GDP...” but a reshuffling of EU budget lines. The philosophy behind the plan is for these funds to leverage additional

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  7. PBO highlights economic impact of Covid-19, calls for policies to mitigate damage
    Photo by MacroPolis

    EconomyMacroeconomy

    The Greek Parliament Budget (PBO) issued its first quarterly report for 2020, which highlights the early signs of the pandemic, although the office notes that even the latest fiscal and macro data... to the European Commission recently, the direct budget impact stands at 10 billion euros, not including

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  8. Newsletter 251 -22/05/2020

    Newsletters

    , the situation is highly uncertain as there is only preliminary data on budget execution for April... that will replenish and keep the cash reserves at high levels. The Greek Parliament Budget (PBO) issued its first

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  9. Amid crowding concerns, officials reject idea of return to full lockdown
    Photo by MacroPolis

    PoliticsGreek Politics

    of the pandemic communications budget. Earlier this week it emerged that 20 million euros were spent on public... of the budget allocated to each outlet, leaving the government open to insinuations of favouritism. SYRIZA

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  10. Multiple fronts and falling revenues pose pensions challenge for government
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    Pensions arrears continue to pile up in the meantime, with the Parliament’s Budget Office (PBO) warning... 2020. The cost to the budget is expected to exceed 600 million euros for main pensions. In its latest

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