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  1. State budget primary surplus widens to 2.28 bln at end of July after rise in revenues

    EconomyMacroeconomy

    Greece’s budget execution showed the primary surplus widening to 2.28 billion in the 7-month period... instalment of income tax, which was due by the end of July. The 7-month state budget deficit stood at 1.73... surplus is lower by 10.7 percent, while the budget deficit has narrowed by 10.1 percent. However

    5%
  2. Target revisions leave 880 mln budget shortfall in Oct despite 2.6 bln primary surplus
    Photo by MacroPolis

    Economy

    Greece’s budget execution showed a primary surplus of 2.65 billion euros in the 10-month period... budget tabled in parliament last week compared to the Medium-Term Fiscal Strategy (MTFS) previously... on the new targets, the MoF expects a budget primary surplus of 4.94 billion in 2014 (from 5.29 billion

    5%
  3. Signifcant underspend covers revenue shortfall for budget primary surplus to August

    EconomyMacroeconomy

    Greece’s budget primary surplus significantly improved to 3.8 billion in the 8-month period of 2015 from 1.95 billion last year, the Finance Ministry (MoF) final budget data displayed on Thursday... (by 250 million) as well as higher Public Investment Budget (PIB) balance (by 1.44 billion) more

    5%
  4. Marked rise in expenditure leads to a budget primary deficit in Nov

    Economy

    Greece’s budget primary balance turned to a deficit of 184 million euros in November following... Ministry (MoF) preliminary budget figures showed on Tuesday. The month on month (MoM) deterioration... (by 1.83 billion) and higher Public Investment Budget (PIB) balance (by 779 million), against a revenue

    5%
  5. Budget primary surplus surges to 3.04 billion, extending outperformance
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s budget primary surplus soared to 3.04 billion in the 2-month period of 2016 from 1.24 billion last year, the Finance Ministry (MoF) preliminary budget bulletin showed on Friday. The notable year on year (YoY) improvement largely reflects surging Public Investment Budget (PIB) revenues up

    5%
  6. Budget primary surplus of 2.68 bln in first quarter, but March trims outperformance

    EconomyMacroeconomy

    Greece’s budget primary surplus climbed to 2.68 billion in the first quarter of 2016 from 1.73 billion last year, the Finance Ministry (MoF) preliminary budget bulletin showed on Friday. However.... In the previous two months of this year, the budget execution had displayed a primary surplus of 1.19

    5%
  7. Tax revenue overperformance leads budget primary surplus to 4.44 bln in 2016
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s budget primary surplus almost doubled to 4.44 billion euros in 2016 from 2.27 billion in 2015, the Finance Ministry (MoF) final budget execution bulletin showed on Tuesday. The preliminary... outperformance (by 1.88 billion) coupled with lower Public Investment Budget (PIB) deficit (by 264

    5%
  8. Budget primary surplus falls to 1.1 bln in Q1, slightly above target
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance recorded a surplus of 1.07 billion euros in the first quarter (Q1...) preliminary budget execution bulletin showed on Tuesday. The year to date outperformance was trimmed... lower than the target and the Public Investment Budget (PIB) surplus was 149 million better than

    5%
  9. Budget primary surplus hits 1.74 bln in 4-month, beating target on strong underspend
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The budget primary balance posted a surplus of 1.74 billion euros in the 4-month period of 2017... budget execution bulletin revealed on Monday. However, the year-to-date outperformance widened from just... by 152 million. In addition, the Public Investment Budget (PIB) surplus was 97 million lower than

    5%
  10. Draft budget sees stronger growth, fiscal targets being met
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    draft budget, which contains its fiscal estimates as well as the underlying macro assumptions. The MoF... effects into 2018. The draft budget estimates that GDP will grow by 1.8 percent, slightly improved.... Budget net revenues for 2017 have been downward adjusted to 49.8 billion, largely reflecting lower

    5%