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  1. Coalition closing in on goal of cancelling pension cuts
    Photo via Fosphotos

    PoliticsGreek Politics

    . The fiscal impact of the entire package is estimated at 766 million euros in the draft budget. Going... programme. The preliminary budget execution Jan-Oct data published on Wednesday showed that on a year

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  2. Fresh reminder about pending reforms for Athens, which remains confident on goals
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    are spending from the fiscal space in the budget in social sectors where Greece has the lowest spending... in the budget for this winter’s heating fuel subsidy. He also said that if he remains in office in the coming

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  3. Newsletter 187 -14/12/2018

    Newsletters

    to the Finance Ministry’s (MoF) monthly gg bulletin. Overall, the state budget primary balance showed a rise... projection in the budget sees the HICP rising by 0.8 percent in 2018. Q3 wages index up by 2.8 pct QoQ

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  4. S&P keeps B+ rating and positive outlook, stresses factors for stronger growth
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    for a more cautious approach. S&P sees a stabilising economic outlook, which is coupled with solid budget... at the end of adjustment programme last summer. On the budget commitments, S&P sees a risk

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  5. IMF outlines areas in which Greece needs further reforms, where it should apply caution
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyProgramme

    that the minimum wage rise could have a negative effect on the budget as spending will increase because 24... euros in retroactive payment and an ongoing impact on the budget in the region of 0.2 percent

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  6. Primary cash balance at deficit of 34 mln in March
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to March rose by 758 million euros to stand at 12.67 billion euros. The Public Investment Budget (PIB... euros compared to a surplus of 783 million euros last year. The preliminary budget execution

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  7. EC spring forecast sees growth of 2.2 pct in 2019, 2020 but warns of hampered public investments
    Photo by TP via Flickr https://flic.kr/p/5WRaRc

    EconomyMacroeconomy

    highlights is due in part to heavy underspending of the public investment budget. Overall, gross fixed... under spending of the public investment budget. The Commission noted that the general government

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  8. Payment plans for overdue debts launched as Athens looks for revenue boost
    Photo by MacroPolis

    EconomyProgramme

    to question Euclid Tsakalotos in more detail about the budget execution. It is worth noting... 2018. Indeed, the 2019 budget had already partially reversed some programme measures, including

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  9. Primary surplus target still on lenders' agenda despite snap elections
    Photo by MacroPolis

    EconomyProgramme

    that the measures implemented for this year have thrown the budget off course and that the 3.5... percent this year might not be reached by a significant margin. In 2020, there will be a new budget, so

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  10. Newsletter 209 -07/06/2019

    Newsletters

    is the result of a significant budget under-execution. It outlined the areas where Greek authorities have spent.... Given that the budget under-execution is not included in the European institutions' baseline scenario

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