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Budget primary balance at 823 mln in Feb, beating target with help of higher revenues
EconomyMacroeconomyThe budget primary balance recorded a surplus of 823 million euros in the first two months of 2018... the target by 343 million euros or 4.6 percent. The monthly primary balance remained positive and came to 94 million euros for February. The budget balance in the first two months of 2018 recorded a deficit
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Inflation and economic bounce boost tax revenues as Jan-Apr budget primary balance beats target by 1.65 bln
EconomyMacroeconomyThe budget primary balance for the first four months of 2022 was confirmed at a deficit of 799... to the final Finance Ministry (MoF) budget execution data released on Wednesday. The primary balance... by 699 million euros. The budget balance up to April came to a deficit of 3.32 billion euros, from
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As restrictions drop away, Apr travel balance beats even pre-Covid levels
EconomyMacroeconomyGreece’s travel balance recorded a surplus of 432.1 million euros in April, from 77 million euros in March, according to Bank of Greece (BoG) data released on Tuesday. April’s balance..., April’s balance is more than double the 211.1 million euros seen in April 2019. Receipts came
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Jan-May travel balance of 1.78 bln beats same period in 2019
EconomyMacroeconomyGreece’s travel balance recorded a surplus of 1.19 billion euros in May, accelerating from the 432.1 million euros in April, according to Bank of Greece (BoG) data released on Friday. May’s balance.... Most notably, May’s balance is Just 10.8 percent lower than the 1.34 billion euros recorded in May
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VAT, income taxes lead budget outperformance as primary balance deficit eases to 1.16 bln in Jul
EconomyMacroeconomyThe budget primary balance for the seven months of 2022 came to a deficit of 1.16 billion euros... Finance Ministry (MoF) budget execution data released on Thursday. The primary balance beat... billion euros. The budget balance up to July came to a deficit of 4.59 billion euros, from a 12.52-billion
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Travel receipts reach 8.55 bln up to July, balance of 7.71 bln beats 2019 record
EconomyMacroeconomyGreece’s travel balance recorded a surplus of 3.52 billion euros in July, from 2.42 billion euros in June, according to Bank of Greece (BoG) data released on Wednesday. July’s balance... pandemic. Most notably, July’s balance is even higher than the 3.47 billion euros of July 2019
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Budget primary balance to Aug beats target by almost 6 bln as VAT, income and property taxes drive revenue outperformance
EconomyMacroeconomyThe budget primary balance for the first eight months of 2022 came to a small surplus of 20 million... to the final Finance Ministry (MoF) budget execution data released on Monday. The primary balance beat... by 5.7 billion euros. The budget balance up to August came to a deficit of 4.1 billion euros, from
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Travel balance of 14.13 bln to Sep beats 2019 record
EconomyMacroeconomyGreece’s travel balance recorded a surplus of 2.67 billion euros in September, from a 3.83-billion... balance was significantly higher than the 1.98 billion euros registered in September 2021. It was also... that was severely impacted by the Covid-19 pandemic. Most notably, August’s balance is just short of the 2.67
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Budget primary balance to Nov beats target by 1.15 bln as taxes outperform
EconomyMacroeconomyThe budget primary balance for the eleven months of 2022 came to a deficit of 1.09 billion euros.... This means that the primary balance now beats the target by 1.15 billion euros. The overperformance up... investment budget, came to 47.63 billion euros. Net revenues reached 53.43 billion euros. The budget balance
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Travel balance up to Nov reaches 15.62 bln, arrivals down 11 pct on 2019
EconomyMacroeconomyGreece’s travel balance recorded a surplus of 180 million euros in November, from 1.31 billion euros in October, according to Bank of Greece (BoG) data released on Monday. November’s balance... pandemic. Most notably, November’s balance is higher than the 108.8 million euros of November 2019
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