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  1. Athens and lenders yet to agree on how to drop pension cuts without creating fiscal gap
    Photo via http://www.delphiforum.gr/

    EconomyMacroeconomy

    presented a draft 2019 budget with two scenarios, adding that this created a good basis... last week that Brussels has approved Greece’s draft budget and that the pension cuts will be scrapped... percent for such a scenario in the draft budget. The local media has suggested that if the two sides

    4%

  2. Primary cash surplus at 19.54 bln in October on monthly and aggregate expenditure falls
    Photo by MacroPolis

    EconomyMacroeconomy

    payments made during October, expenditure fell by 849 million euros. The Public Investment Budget (PIB... to a deficit of 651 million for the same time last year. The preliminary budget execution figures released by the Finance Ministry (MoF) for October showed that the budget primary balance came to a surplus

    4%

  3. OECD sees 2.2 pct growth in 2019, stressing importance of reform adherence

    EconomyMacroeconomy

    Ministry’s latest forecast in the draft budget for 2019 sees growth of 2.1 percent this year... measures in the 2019 budget are expected to support this outcome, most notably lower corporate income tax... servants. The OECD notes that if slower growth hampers meeting the targets, or if the budget balance

    4%

  4. Primary cash surplus at 20.34 bln in November as revenues grow
    Photo by MacroPolis

    EconomyMacroeconomy

    Investment Budget (PIB) balance’s deficit came to 373 million in November from a deficit of 1.03 billion... the deficit of 1.68 million last year. The preliminary budget execution figures released by the Finance Ministry (MoF) for November showed that the budget primary balance came to a surplus of 7.61

    4%

  5. Primary cash surplus at 16.19 bln in 2018, 3.18 bln spent on reducing arrears
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    during December expenditure rose by 152 million euros. The Public Investment Budget (PIB) balance’s... of 3.51 billion last year. The preliminary budget execution figures released by the Finance Ministry (MoF) for December showed that the budget primary balance came to a surplus of 3.16 billion euros

    4%

  6. Second post-MoU review set to begin as Athens eyes return to bond markets
    By Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    this week are the budget figures for 2018 and the prospects for Greece hitting its fiscal targets... dividend” and the backpay that was given out, it is thought that the 2018 budget will conclude... room as budget revenues are seen at the same level as in 2018 even though the economy is expected

    4%

  7. Primary cash surplus at 735 mln in Jan on expenditure and interest payment rise
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    billion in January. The Public Investment Budget (PIB) deteriorated to a deficit of 27 million euros compared to a surplus of 573 million euros a year ago. The preliminary budget execution figures... revenues came to 4.7 billion euros. It should be noted that the budget execution figures do

    4%

  8. General govt primary cash surplus at 2.91 bln in Feb, arrears rise by 83 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    billion euros to stand at 1.30 billion euros. Overall, the state budget primary balance showed a fall... to 480 million euros. This was followed by SSFs (-6 million), state budget arrears (-4 million... the biggest decline (-26 million) followed by tax refunds (-26 million) and state budget (-3 million

    4%

  9. EC report analyses state of play with privatisations as HELPE hits obstacle
    Photo via Flickr https://flic.kr/p/faksxt

    EconomyFeatures

    stage. Privatisation targets In the government’s final budget for 2019, the target for privatisations stands at 350.6 million euros. The final budget primary balance for 2018 showed that privatisation proceeds were confirmed at 234 million. In its budget targets, the Ministry of Finance (MoF

    4%

  10. General govt primary cash surplus at 1.98 bln in March, arrears rise by 62 mln

    EconomyMacroeconomy

    budget primary balance showed a fall of 426 million euros to come to 1.17 billion euros this year... funds (-10 million). Increases were noted in hospitals (+85 million) state budget (+35 million... million euros) and state budget (+32 million euros). ​At 28.2 percent of the total, SSF arrears made up

    4%