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Final budget sees strong growth, fiscal overperformance in 2018
EconomyMacroeconomyThe Finance Ministry tabled in Parliament on Tuesday evening the final version of the 2018 budget, which the government hopes will be the last budget of the memorandum era as the current European... budget had included a forecast for 2.7 percent expansion. Following a substantial revision
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Public investment under spotlight amid arguments over budget execution
EconomyMacroeconomyinvestment spending appear higher at state budget level than it was. In a statement accompanying the preliminary budget release for December, Deputy Finance Minister Theodoros Skylakakis claimed that the Public Investment Budget (PIB) execution last year was better than 2018 because in the previous
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Budget primary balance dips to deficit of 1.51 bln in April on Covid-19 measures
EconomyMacroeconomyThe budget primary balance recorded a deficit of 1.51 billion euros in the first four months...) budget execution bulletin for April showed on Friday. The primary surplus was below its target.... For the same month last year, the primary surplus stood at 20 million euros. The budget balance
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Budget primary deficit of 4.80 bln confirmed for May as Covid-19 measures hit
EconomyMacroeconomyThe budget primary balance recorded a deficit of 4.84 billion euros in the first five months of 2020, compared to a surplus of 916 million noted in May 2019, the final Finance Ministry (MoF) budget execution bulletin for May showed on Thursday. The budget for May has been widely considered
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Budget primary shows deficit of 5.86 bln in June, target shortfall widens to 6.18 bln
EconomyMacroeconomyThe budget primary balance recorded a deficit of 5.86 billion euros in the first half of 2020, compared to a surplus of 381 million noted in June 2019, the preliminary Finance Ministry (MoF) budget.... For the same month last year, the primary deficit came to 535 million euros. The budget balance
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Budget primary shows deficit of 6.61 bln in August
EconomyMacroeconomyThe budget primary balance recorded a deficit of 6.61 billion euros in the first eight months... (MoF) budget execution bulletin for August showed on Wednesday. The primary surplus was below its.... The budget balance in the first eight months of the year recorded a deficit of 10.80 billion euros
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Budget primary shows deficit of 7.01 bln as revenues suffer in September
EconomyMacroeconomyThe budget primary balance recorded a deficit of 7.01 billion euros in the first nine months... (MoF) budget execution bulletin for September showed on Thursday. The primary surplus was below its.... The budget balance in the first nine months of the year recorded a deficit of 11.27 billion euros
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Budget primary shows deficit of 9.06 bln in October
EconomyMacroeconomyThe budget primary balance recorded a deficit of 9.06 billion euros in the first ten months of 2020...) budget execution bulletin for October showed on Monday. The primary balance was below its target.... The budget balance in the first ten months of the year recorded a deficit of 13.44 billion euros compared
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Budget primary shows deficit of 13.81 bln in November, above target by 1.48 bln
EconomyMacroeconomyThe budget primary balance recorded a deficit of 13.81 billion euros in the first eleven months... (MoF) budget execution bulletin for November showed on Wednesday. The primary balance was above its.... The budget balance in the first eleven months of the year recorded a deficit of 18.31 billion euros
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Budget primary deficit confirmed at 6.2 bln in April; below target
EconomyMacroeconomyThe budget primary balance recorded a deficit of 6.2 billion euros in the first four month of 2021... Ministry (MoF) budget execution bulletin for April showed on Tuesday. The primary balance was below its target by 954 million euros. Expenditure excluding interest payments and the public investment budget
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