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  1. Newsletter 215 -19/07/2019

    Newsletters

    and the other from September onwards, once the 2020 budget has been drafted. The first bill might contain... to be that the lenders will wait to see what the government proposes in its draft 2020 budget, which Staikouras... year. 2 Budget primary surplus at 382 mln Primary balance for June comes to a deficit of 534 million

    6%

  2. The pension and revenue interventions Greece has to make to meet its 2016 fiscal target
    Photo via Greek Finance Ministry

    EconomyProgramme

    savings of 1 percent of GDP for 2016. In the 2016 budget, the Finance Ministry (MoF) adopted those cost... stable. On the revenue front, the 2016 budget includes measures of 2.2 billion euros in 2016 to meet... corporate income tax has increased from 75 to 100 percent, while that for self-employed rose from 55 to 75

    6%

  3. General govt primary cash surplus at 4.10 bln in seven-month, arrears rise to 5.44 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of 100 million euros but still underperforming the surplus of 103 million recorded a year earlier. The primary surplus of the state budget fell by 217 million to stand at 1.68 billion. The breakdown...). Arrears in extrabudgetary funds fell by 11 million euros, along with declines in state budget arrears

    6%

  4. October budget revenues beat target by 24% but gg arrears reach 2.47 bln in 2013

    EconomyMacroeconomy

    budget execution. Furthermore, state arrears to the private sector slightly rose by 0.8 percent.... As expected, the state budget is the key element in the reported gg balance evolution. There is an important difference compared to the released budget execution for the same period, which relates

    5%

  5. A closer look at Greece's 2013 budget primary surplus of 603 mln

    EconomyMacroeconomy

    Greece’s 2013 budget execution showed a primary surplus of 603 million euros from a deficit of 3.46...). The state budget deficit narrowed 65.3 percent to 5.44 billion from 15.69 billion in 2012. However... in the preliminary bulletin, the MoF recorded a large part of the Public Investment Budget (PIB) expenditure

    5%

  6. Primary surplus at 2.1 bln in Feb, ahead of budget execution target
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s budget execution showed a primary surplus of 2.1 billion euros to February, more than five... to the preliminary data released by the Ministry of Finance (MoF) on Tuesday. The state budget balance... to the exceptionally strong Public Investment budget (PIB) revenues of 1.56 billion in February. Revenues

    5%

  7. EU funds and limited expenditure drive primary budget surplus to 2 bln in Feb
    Photo by MacroPolis

    Economy

    Greece’s budget execution showed a primary surplus of 2.06 billion euros to February, which is over... to the final data released by the Ministry of Finance (MoF) on Monday. The state budget balance... Budget (PIB) revenues of 1.56 billion in February (from just 32 million recorded in January), which

    5%

  8. Primary budget surplus passes 1-bln mark for 2014 but revenue shortfall widening
    Photo by MacroPolis

    Economy

    Greece’s budget execution showed a primary surplus of 1.05 billion euros in the first four months... to the preliminary data released by the Ministry of Finance (MoF) on Tuesday. The state budget deficit... levels, the budget balance in the four-month period continues to beat targets by around 300 million euros

    5%

  9. Budget execution shows primary surplus of 711 mln, 503 mln ahead of target

    EconomyMacroeconomy

    Greece’s budget execution showed a primary surplus of 711 million euros in the 5-month period from... data released by the Ministry of Finance (MoF) on Thursday. The state budget deficit to May... euros (from 4.6 billion before) and budget deficit of 607 million (from 1.55 billion). The upward

    5%

  10. Greek primary budget surplus reaches 712 mln in first half of 2014

    Economy

    Greece’s budget execution showed a primary surplus of 712 million euros in the first half... to the preliminary data released by the Ministry of Finance (MoF). The 6-month state budget deficit.... Similarly, the 6-month budget deficit outpaced target by 1.44 billion. The over-performance

    5%