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Higher VAT and income tax takes, with limited spending help budget beat targets in Mar
EconomyMacroeconomyThe budget primary balance in March was confirmed to be a surplus of 3.08 billion euros, compared... investment budget, came to 11.86 billion euros. Net revenues came to 16.84 billion euros. The budget balance.... The overall balance is better than the target by 2.82 billion euros. Revenues Net revenues for the period
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Loans to corporations drive credit growth of 5.1 pct YoY in March
EconomyMacroeconomymillion euros in February. The outstanding balance increased to 114.16 billion euros, from 113.35 billion euros in February. The corporate lending balance’s net monthly flow was positive by 1.18 billion... of credit to non-financial corporations was positive by 1.27 billion euros. The balance stood at 63.53
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Budget primary surplus of 2.43 bln in April thanks to 1.64 bln tax outperformance
EconomyMacroeconomyThe budget primary balance came to a surplus of 2.34 billion euros in April, compared to a deficit..., came to 15.93 billion euros. Net revenues came to 21.04 billion euros. The budget balance up.... The overall balance is better than the target by 3.03 billion euros. Revenues Net revenues for the period
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VAT and income taxes drive revenue and budget outperformance in April
EconomyMacroeconomyThe budget primary balance in April was confirmed to be a surplus of 2.44 billion euros, compared... investment budget, came to 15.94 billion euros. Net revenues came to 21.06 billion euros. The budget balance.... The overall balance is better than the target by 3.04 billion euros. Revenues Net revenues for the period
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Credit growth slows to 3.9 pct in Apr, flow negative at 789 mln
EconomyMacroeconomy. The outstanding balance increased to 113.37 billion euros, from 114.16 billion euros in March. The corporate lending balance’s net monthly flow was negative by 582 million euros, after a rise of 1.24... corporations was negative by 441 million euros. The balance stood at 63.15 billion euros. Credit
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Budget primary surplus comfortably beats target in May as taxes outperform by 2 bln
EconomyMacroeconomyThe budget primary balance came to a surplus of 2.29 billion euros in May, compared to a deficit... budget, came to 20.29 billion euros. Net revenues came to 26.24 billion euros. The budget balance up.... The overall balance is better than the target by 3.32 billion euros. Revenues Net revenues for the period
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Newsletter 386 - 23/06/2023
. EconomyHigh current account deficit a cause for concern, not alarmGreece’s balance of payments became... are evident in the significantly more modest movement in the balance of goods, excluding oil... at least to some extent on the energy front, the balance of payments data of the first four months
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Credit growth slows to 3.1 pct in May, as flow to corporations contracts
EconomyMacroeconomywas negative by 275 million euros in May, after a 789 million euros drop in April. The outstanding balance decreased to 112.48 billion euros, from 113.37 billion euros in April. The corporate lending balance... million euros. The balance stood at 62.25 billion euros. Credit to insurance corporations showed
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Budget execution continues to outperform in June, led by 2.2 bln in excess taxes
EconomyMacroeconomyThe budget primary balance came to a surplus of 2.12 billion euros in June, compared to a deficit... to 24.39 billion euros. Net revenues came to 30.87 billion euros. The budget balance up to June... balance is better than the target by 1.8 billion euros. Revenues Net revenues for the period stood
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VAT and income tax drive budget performance in Jun, interest bill above target by 741 mln
EconomyMacroeconomyThe budget primary balance in June was confirmed to be a surplus of 2.12 billion euros, compared..., came to 24.39 billion euros. Net revenues came to 30.88 billion euros. The budget balance up... balance is better than the target by 1.8 billion euros. Revenues Net revenues for the period stood
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