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  1. EU subsidies help push Q1 primary budget surplus to 1.57 bln, well above target

    Economy

    Greece’s budget execution showed a primary surplus of 1.57 billion euros in the first quarter..., according to the preliminary data released by the Ministry of Finance (MoF). The state budget balance... of 487 million to February. Nevertheless, this year’s budget deficit has narrowed by 69 percent from

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  2. Lower expenditure helps Greece post 707 mln primary budget surplus in first half of 2014
    Photo by MacroPolis

    Economy

    Greece’s budget execution showed a primary surplus of 707 million euros in the first half... to the final data released by the Ministry of Finance (MoF). The 6-month state budget deficit narrowed... in June from deficit of 340 to 520 million euros in the preceding three months. Similarly, the budget

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  3. Challenging three days of diplomatic talks, protests and budget voting ahead for Greece

    PoliticsForeign Policy

    , with diplomatic talks, street protests and the voting of the budget all on the agenda. Turkish Prime... in 2008 and rocked the government at the time. Budget To add to the tension, MPs are also due to vote on the 2015 budget on Sunday. Since the latest demands being made by the troika are not going

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  4. This is how Greece kept its budget on track in Q1

    Agora

    Recent Greek budget data showed the huge revenue gap of 968 million euros recorded in January... Investment Budget), which is defined as revenues (before tax refunds) minus primary expenditure, showed... and a large part of non-payroll costs). A closer look at the evolution of the key budget items reveals some

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  5. Budget primary surplus at 1.51 bln end-May, revenues fall short by 978 mln

    EconomyMacroeconomy

    Greece’s budget execution figures confirmed the 5-month primary surplus was at 1.51 million - more... budget bulletin released on Thursday. Note that the preliminary budget figures were published a week ago...) and higher Public Investment Budget (PIB) balance (by 1.11 billion) more than offsetting a revenue gap

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  6. Marked improvement for budget execution in Oct, primary surplus outperformance extended

    EconomyMacroeconomy

    Following a deteriorated fiscal performance in September, Greece’s budget primary balance showed... (MoF) preliminary budget figures showed on Friday. The October balance is the second highest monthly... expenditure (by 2.82 billion), higher Public Investment Budget (PIB) balance (by 821 million) and lower tax

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  7. 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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  8. 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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  9. 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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  10. 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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