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  1. Primary cash surplus at 7.72 bln in March on strong underspend
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    . The Public Investment Budget (PIB) balance surplus grew to 210 million from a very slight surplus of 1... million a year ago. The preliminary budget execution figures released by the Finance Ministry (MoF

    1%
  2. IMF raises forecast for primary surplus but differences with European lenders remain

    EconomyMacroeconomy

    fiscal balance, the IMF sees an almost balanced budget in 2018, with a marginal deficit of -0.1... in 2020 and 2021. The budget is seen in complete balance next year. In 2023, the overall balance turns

    1%
  3. Extra taxation did not increase revenues in 2017
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    revenue figures for 2018 were eventually downward revised in the final budget draft tabled... investment budget will be 3.56 billion, up from 3.18 billion in 2017. Expenditure will be significantly

    1%
  4. Primary cash surplus at 7.45 bln in April on revenue growth, lower expenditure
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Investment Budget (PIB) balance fell into a deficit of 121 million euros compared to a surplus... a year ago. The preliminary budget execution figures released by the Finance Ministry (MoF

    1%
  5. The first cut is the deepest? Greek pension reforms in context

    EconomyFeatures

    ’ pensions directly out of the budget rather than through a pension fund. State pensions amounted... a grant, and the state pension as a separate budget item has been all but eliminated. Pension levels

    1%
  6. Primary cash surplus at 6.4 bln in year to date, expenditure rises during May
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    arrears payments made in May, expenditure rose by 571 million euros. The Public Investment Budget... which came to 17 million euros. The preliminary budget execution figures released by the Finance

    1%
  7. Newsletter 170 -13/07/2018

    Newsletters

    on the five islands. The savings are set to come from reductions to the defence budget. Tsakalotos also had... increased by 0.9 percent. The Finance Ministry’s projection in the budget sees the HICP rising

    1%
  8. June primary cash surplus at 6.49 bln as revenue increase offsets higher expenditure
    Photo by MacroPolis

    EconomyMacroeconomy

    rose by 911 million euros. The Public Investment Budget (PIB) balance showed a deficit of 37 million... balance for last year which recorded a deficit of 75 million euros. The preliminary budget execution

    1%
  9. Growth conditions improving but more work needed over longer term, PBO suggests
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The Parliament Budget Office's (PBO) second quarter (Q2) report, published recently, examined the current economic conditions in Greece but also how exports and imports have evolved during the crisis... crisis. Revenues and debts A breakdown of the government’s revenues showed that state budget net

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  10. July primary cash surplus at 6.75 bln as revenue rise outstrips expenditure

    EconomyMacroeconomy

    the arrears payments made in July, expenditure fell by 688 million euros. The Public Investment Budget... on a deficit of 47 million euros. The preliminary budget execution figures released by the Finance Ministry

    1%