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Budget primary surplus of 1.1 billion slightly outperforms target by 77 million in Q1
EconomyMacroeconomyThe 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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Budget primary surplus of 1.73 bln outperforms target, tax revenues fall short in April
EconomyMacroeconomyThe 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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Budget surplus at 1.94 bln in 6-month, 1.51 bln above target on strong underspend
EconomyMacroeconomyThe 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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Budget primary surplus at 1.94 bln in H1, beating target by 1.5 bln on underspend
EconomyMacroeconomyThe 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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Budget primary surplus at 3.05 bln in 7-month, above target on underspend
EconomyMacroeconomyThe 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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Budget primary surplus at 3.02 bln in July, above target by 926 mln on strong underspend
EconomyMacroeconomyThe budget primary surplus was confirmed at 3.02 billion euros in July, up by 11.4 percent against the figure from last year which stood at 2.72 billion, the Finance Ministry (MoF) final budget.... In addition, the Public Investment Budget (PIB) balance was above the target by 46 million. The monthly
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Budget surplus beats July target on lower investment spending as tax refunds fall short
EconomyMacroeconomyGreece’s budget primary balance came to a surplus of 2.09 billion euros in the first seven months of 2018, according to the July preliminary budget execution bulletin published by the Finance..., above target by 354 million euros. The budget balance up to July this year recorded a deficit of 1.56
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Athens prepares 2019 draft budget amid pension cuts dilemma
EconomyProgrammecuts, when it submits the draft 2019 budget but finds itself in a delicate balancing act between domestic political pressures and the creditors’ concerns. The draft budget is due to be submitted... move or attempt to force the hand of the creditors by not including the cuts in the draft budget
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Athens to send draft budget to Brussels after talks with IMF on pensions
EconomyProgrammeThe Greek government is expected to submit to the European Commission a version of its 2019 budget..., Athens has decided to stick with the formula it followed earlier this month and not send the budget... budget that will be sent to the European Commission will include 1.1 billion euros of tax cuts
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European Commission approves 2019 budget, urges focus to meet end of year reform goals
EconomyProgrammea budget for 2019 in compliance with the commitment to achieve a primary surplus of 3.5 percent... to meet the objectives. More specifically, the package of discretionary measures in the 2019 budget has been finalised and meets the agreed primary surplus target with the overall budget balance next
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