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  1. Budget execution improves significantly in Oct, primary surplus reaches 4.53 bln

    EconomyMacroeconomy

    Greece’s budget primary balance displayed a surplus of 1.46 billion euros in October from a deficit of 726 million in September, the Finance Ministry (MoF) final budget figures showed on Wednesday... (by 2.82 billion), higher Public Investment Budget (PIB) balance (by 821 million) and lower tax refunds

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  2. Notable increase in grants to social security sector leads to budget primary deficit in Nov

    Economy

    Greece’s budget primary surplus was confirmed at 4.34 billion euros in the 11-month period of 2015...) final budget figures published on December 24. However, the monthly evolution shows a primary..., the 11-month budget primary surplus over-performed by 1.69 billion euros largely due to lower primary

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  3. Jan-Feb budget primary surplus soars to 3.04 bln, aided by underspend and PIB revenues

    EconomyMacroeconomy

    Greece’s budget primary surplus for the first two months of 2016 was confirmed at 3.04 billion euros from 1.24 billion last year, according to Wednesday’s Finance Ministry (MoF) final budget bulletin displayed. The marked fiscal improvement is largely attributed to soaring Public Investment Budget

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  4. Budget primary surplus confirmed at 2.5 bln in H1 2016, tax revenues soar in June

    EconomyMacroeconomy

    Greece’s budget primary surplus was confirmed at 2.47 billion euros in the first half of 2016 from... Ministry (MoF) final budget execution bulletin showed on Tuesday. It is noted that preliminary budget... Investment Budget (PIB) revenues. The state budget deficit narrowed by 28.7 percent to 1 billion

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  5. Budget primary surplus to Nov reaches 7.4 bln on continued strong revenue performance
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s budget primary surplus climbed to 7.45 billion euros in the 11-month period of 2016, up by 71.7 percent from last year’s figure of 4.34 billion, the Finance Ministry (MoF) preliminary budget... Budget (PIB) deficit (by 1.14 billion) and ongoing underspend (by 872 million). In addition

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  6. Budget primary surplus of 1.1 billion slightly outperforms target by 77 million in Q1
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The budget primary surplus was confirmed at 1.07 billion in the first quarter (Q1) down by 42.6 percent from last year’s figure of 1.86 billion, according to the Finance Ministry (MoF) final budget... by 790 and higher Public Investment Budget (PIB) surplus by 150 million almost offset by the lack

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  7. Budget primary surplus of 1.73 bln outperforms target, tax revenues fall short in April
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The budget primary surplus was confirmed at 1.73 billion euros for the first four months of 2017... the target, the Finance Ministry’s (MoF) final budget execution bulletin showed on Wednesday... of the target by 161 million. Moreover, the Public Investment Budget (PIB) surplus was 97 million

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  8. Budget surplus at 1.94 bln in 6-month, 1.51 bln above target on strong underspend
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The budget primary balance recorded a surplus of 1.94 billion euros in the six month period of 2017... budget execution bulletin showed on Friday. The six-month primary surplus for June beat target... than target coupled with higher than expected Public Investment Budget (PIB) balance by 272 million

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  9. Budget primary surplus at 1.94 bln in H1, beating target by 1.5 bln on underspend
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The budget primary surplus was confirmed at 1.94 billion euros in the first half of 2017, up by 18.6 percent from last year’s figure of 1.63 billion, the Finance Ministry (MoF) final budget execution... with higher than targeted Public Investment Budget (PIB) balance and slightly higher net revenues

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  10. Budget primary surplus at 3.05 bln in 7-month, above target on underspend
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The budget primary balance recorded a surplus of 3.05 billion euros in the first seven months...) preliminary budget execution bulletin showed on Monday. The seven-month primary surplus for July beat... lower than target, coupled with a higher than expected Public Investment Budget (PIB) balance by 46

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