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Primary cash surplus widens by 1.8 bln to 4.84 bln by end of Oct
EconomyMacroeconomyyear’s Public Investment Budget (PIB) deficit of 364 million to a surplus of 375 million this year... reported in the Finance Ministry (MoF) budget execution bulletin are calculated on a modified cash basis... and a reversal of last year’s Public Investment Budget (PIB) deficit of 364 million to a surplus
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General government primary cash surplus triples to 3 bln by February, arrears climb to 6.1 bln
EconomyMacroeconomyin the state budget figure, which climbed to 2.55 billion from 850 million last year. Extrabudgetary... was recorded by arrears of extrabudgetary funds (+247 million) followed by state budget (+147 million... percent of total. In addition, tax refunds’ arrears stand at 658 million, state budget at 584 million
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Primary cash surplus widens to 2.85 bln in Q1
EconomyMacroeconomya rise in revenues and the Public Investment Budget (PIB) balance coupled with lower expenditure. Ordinary budget revenues eased 0.2 percent to 3.31 billion in March. However, the strong performance... of the year. The budget execution figures, which are calculated under a different accounting method, showed
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Primary cash surplus improves to 2.93 bln at end of April
EconomyMacroeconomyof the 4-month figure reflects higher revenues and Public Investment Budget (PIB) coupled with lower expenditure. In specific, ordinary budget revenues fell 5.5 percent in April, but the 4-month figure rose... positive and reached 1 billion improving from last year’s surplus of 703 million. The budget execution
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Primary cash surplus widens to 2.66 bln in first five months of 2016
EconomyMacroeconomyand to a lesser extent higher Public Investment Budget (PIB) balance. In particular, ordinary budget... from last year. The budget execution figures published by the Finance Ministry on Thursday showed
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General govt primary cash surplus expands to 3.3 bln at end-June, arrears rise to 7.2 bln
EconomyMacroeconomyand of the social security funds (SSF) by 1.05 billion followed by a rise in the state budget primary... million. In absolute terms, the state budget and the extrabudgetary funds’ primary cash surpluses... accounting for more than 16 percent of total arrears. In addition, state budget arrears increased
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Primary cash surplus to July falls to 2.4 bln, including arrears repayment of 1.1 bln
EconomyMacroeconomyat 4.33 billion down by 7.6 percent. The Public Investment Budget (PIB) balance posted a deficit of 378... (MoF) published the budget execution bulletin showing a primary surplus of 3.57 billion... that the budget figures reported by the MoF do not including the expenditure related to arrears
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Greece's harsh social reality
Agoraresources in types of spending. Households average monthly expenditure, according to the annual Budget... budget allocation to food, Greeks dietary habits have taken a turn for the worse. Since 2009... of expenditure, durable goods have also lost two percentage points in the household budget allocation
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State clears 440 mln in arrears to private sector in July
EconomyMacroeconomy. In addition, 465 million was transferred to the state budget, 383 to social security funds and 245.3 million to extrabudgetary funds and state-owned enterprises. Of those amounts, state budget payments were... to hospitals, 677.2 million to state budget, 371 million to local governments and 338.2 million
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Programme talks on fiscal issues open wide range of concerns
EconomyProgrammediscussions should follow regarding the 2017 budget and achievement of fiscal targets. This development... in the 2017 draft budget that was tabled on October 3, while the downward revision of 2015 GDP and fiscal.... The Finance Ministry has tried to play down the institutions’ concerns stressing the budget
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