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Primary cash surplus at 132 mln in January
EconomyMacroeconomywith a rise of 93 million in interest payments to 1.29 billion. The Public Investment Budget (PIB... ago. The budget primary balance was confirmed at a primary surplus of 498 million euros in the first month of 2020, below target by 771 million euros, the Finance Ministry (MoF) final budget execution
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Gathering signs of coronavirus impact on growth expectations
Economybudget is based. In comments made on Tuesday, the council said that it expects Greece’s economy to grow... that the budget for this year provides very little room to manoeuvre. The HFC concludes that given.... It advised the creation of buffers in the budget to absorb expenses such as unforeseeable healthcare
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Primary cash balance deficit at 378 mln in February
EconomyMacroeconomyInvestment Budget (PIB) balance came to a surplus of 130 million euros, decreasing from 215 million... Ministry (MoF) budget execution bulletin for February showed that the budget primary balance recorded
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More fiscal measures, restrictions on movement mulled by govt as it rides high in polls
PoliticsGreek Politicsin order to prevent the coronavirus spreading is costing the budget 6 billion euros a month. Spending has... it estimates at 37 billion euros, to cover this disruption to the budget, it will only be able to do so... Mechanism and Greece needs to obtain permission to use it for budget purposes. Restrictions & support
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General govt primary cash surplus at 1.44 bln in February, arrears up by 133 mln
EconomyMacroeconomyfor local governments rose by 19 million euros to stand at 223 million euros. Overall, the state budget...). No month-on-month change was seen in state budget arrears. Total arrears have risen by 134 million... million). Drops were seen in tax refunds (-35 million), SSFs (-9 million) and state budget (-5 million
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Primary cash balance deficit at 326 mln in March
EconomyMacroeconomyInvestment Budget (PIB) balance came to a surplus of 159 million euros, slightly better than... worsened by 244 million euros. The preliminary Finance Ministry (MoF) budget execution bulletin for March showed that the budget primary balance recorded a surplus of 595 million euros in the first three
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General govt primary cash surplus down to 774 mln in March, arrears up by 195 mln
EconomyMacroeconomyfor extrabudgetary funds rose by 38 million euros to stand at 165 million euros. Overall, the state budget... euros. This was followed by state budget (+49 million), local governments (+46 million... million), followed by local governments (+71 million), state budget (+44 million) and extrabudgetary
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Primary cash balance deficit climbs to 2.62 bln in April largely on revenue deterioration
EconomyMacroeconomy, bringing the total to 18.14 billion euros. The Public Investment Budget (PIB) balance came..., the PIB balance has worsened by 551 million euros. The budget primary balance recorded a deficit... to the preliminary Finance Ministry (MoF) budget execution bulletin for April. The primary surplus was below
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Primary cash deficit at 5.35 bln in May
EconomyMacroeconomyInvestment Budget (PIB) balance came to a deficit of 638 million euros, deepening notably from the deficit.... The budget primary balance recorded a deficit of 4.80 billion euros in the first five months...) budget execution bulletin for May showed recently. The primary surplus was below its target by 4.34
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Contribution made by privatisations to GDP since 2010 underlined in new study
EconomyFeaturesleads to positive effects on employment and budget revenues and has a broad multiplier effect on GDP... development was provided as an illustration. The plan foresees investments with a total budget of 621... severe delays to the government’s privatisation plans. In its initial budget for 2020, the government
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