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  1. Budget primary surplus at 3.54 bln in August, 29 mln off target on tax refunds, low revenues
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    The budget primary balance was confirmed at a surplus of 3.54 billion euros in the first eight months of 2017, a rise of 67.4 percent against last year’s figure of 2.12 billion euros, the Finance Ministry’s (MoF) final budget execution bulletin showed on Monday. The eight-month primary surplus up

    2%
  2. Athens braces for review headwinds due to IMF demands, Berlin changes
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    German finance minister could also play an important role in this process. Reports on Wednesday

    2%
  3. Athens relieved as ECB and IMF seem to reach understanding on Greek banks
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyBanking

    Athens is hoping that a dispute between the European Central Bank and the International Monetary Fund (IMF) over Greek banks has been resolved, clearing an obstacle in the third review and easing the pressure the lenders have been experiencing lately. Finance Minister Euclid Tsakalotos indicated

    2%
  4. Draft budget sees stronger growth, fiscal targets being met
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The Finance Ministry (MoF) tabled on Monday in Parliament’s Economic Affairs Committee the 2018 draft budget, which contains its fiscal estimates as well as the underlying macro assumptions. The MoF expects that the improvement in economic confidence due to the smooth implementation

    2%
  5. General govt primary cash surplus at 4.51 bln in eight-month, arrears increase to 6.03 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s general government (gg) primary cash surplus rose by 509 million euros from the previous year to 4.51 billion in the first eight months of 2017 according to the Finance Ministry’s (MoF) monthly gg bulletin. The strongest improvement came from social security funds (SSFs) which recorded

    2%
  6. Unemployment falls to 21 pct in July, lowest since Nov 2011
    By Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The Finance Ministry in its draft budget anticipated a rate of 22 percent for the year.

    2%
  7. Despite talks in US, review still looms large
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    the meeting to be productive, as Lagarde met with Finance Minister Euclid Tsakalotos on Saturday

    2%
  8. Budget primary surplus at 4.5 bln in 9-month, below target on lower revenues, higher tax refunds
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The budget primary balance recorded a surplus of 4.50 billion euros in the first nine months of 2017, increasing by 18.3 percent against last year’s figure of 3.81 billion euros, the Finance Ministry (MoF) preliminary budget execution bulletin showed on Monday. The primary surplus for the first

    2%
  9. Primary cash surplus at 1.75 bln as expenditure rises in Sept
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    released by the Finance Ministry (MoF) for September showed that the balance recorded a surplus of 4.50

    2%
  10. Newsletter 136 - 20/10/2017

    Newsletters

    , the Finance Ministry (MoF) preliminary budget execution bulletin showed. The year-to-date primary surplus

    2%