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  1. EC sees big drop for economy in 2020, expects milder recovery of 3.5 pct in 2021

    EconomyMacroeconomy

    forecast, included in the budget for 2021 tabled last November, growth in 2021 was seen at 4.8 pct... quarter of the year most of the 7.5-billion-euro allocation of support in this year’s budget. For the euro

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  2. Newsletter 284 - 12/02/2021

    Newsletters

    measures for the whole year would amount to 7.5 billion euros, its budget plans for 2021 have already... billion euros, or more. This will lead the ministry to have to submit a revised 2021 budget

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  3. Covid-19 stretches health system again, putting reopening of shops in doubt
    By Natasha Pandazopoulou/Fosphotos

    PoliticsGreek Politics

    closed carries a huge cost for the state budget. Each week that goes by with the retail sector closed costs the budget around 500 million euros. Koufodinas As the government juggles with the complexities

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  4. In 9th post-bailout review, EC sees reforms slowing due to pandemic

    EconomyProgramme

    the 7.5-billion-euro support portfolio that was included in this year’s budget. Based on the Commission's latest estimates in autumn, the deficit this year will be 3.4 pct of GDP. The government’s 2021 budget puts

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  5. General govt primary cash deficit at 720 mln in January, as social security funds start year in deficit
    Photo by MacroPolis

    EconomyMacroeconomy

    , the state budget primary balance showed a fall of 1.25 billion euros, landing at a deficit of 759 million euros. The state budget primary balance for the same time last year came to a surplus of 495 million

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  6. Primary cash balance deficit at 2.72 bln in February
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    by 1.45 billion euros, bringing the total to 10.5 billion euros. The Public Investment Budget (PIB.... The Finance Ministry released its own preliminary data that showed the primary budget recorded a deficit

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  7. General govt primary cash deficit at 1.99 bln in February; arrears jump
    Photo by MacroPolis

    EconomyMacroeconomy

    euros YoY. Overall, the state budget primary balance showed a fall of 2.45 billion euros, landing at a deficit of 1.62 billion euros. The state budget primary balance for the same time last year came

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  8. Primary cash balance deficit at 3.91 bln in March

    EconomyMacroeconomy

    euros, bringing the total to 16.1 billion euros. The Public Investment Budget (PIB) balance came... released its own preliminary data this week that showed the primary budget recorded a deficit of 3.42

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  9. Stability Programme reflects subdued expectations for 2021, high hopes for 2022 onwards
    Photo by TP via Flickr https://flic.kr/p/5WRaRc

    EconomyMacroeconomy

    had a significant impact on budget developments as the ministry had to finance support measures running into May. The headline budget figure for 2021 has been revised down by 6 percentage points

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  10. Primary cash balance deficit at 6.14 bln in April
    Photo by MacroPolis

    EconomyMacroeconomy

    a rise by 4.04 billion euros, bringing the total to 22.2 billion euros. The Public Investment Budget.... The Finance Ministry released its own preliminary data this week that showed the primary budget

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