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Pandemic drove 28.4 bln of bank loans into moratorium last year
EconomyThe quantity of loans that went into moratorium last year from the end of March stood at 28.4 billion euros, according to an update from the Finance Ministry. This amount came from 405,473 loans, and suspension of payments for most of these will run through March of this year under the moratorium
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General govt primary cash deficit of 12.55 bln in December, arrears drop by 345 mln
EconomyMacroeconomyGreece’s general government (gg) primary cash deficit came to 12.55 billion euros last year compared to a surplus of 9.46 billion in 2019, according to the Finance Ministry’s (MoF) monthly gg bulletin. In the underlying subcategories, the biggest year-on-year (YoY) decline was noted in social
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Budget primary deficit at 1.47 bln euros in Jan, revenue shortfall hits 812 mln
EconomyMacroeconomyThe budget primary balance recorded a deficit of 1.47 billion euros in the first month of 2021, compared to a surplus of 495 million noted in January 2020, the preliminary Finance Ministry (MoF) budget execution bulletin for January showed on Monday. The primary balance was below its target by 441
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Newsletter 285 - 19/02/2021
million euros. The Finance Ministry (MoF) said that the revenue shortfall from its target was due
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Central government debt increases €9.15 bln to €374 bln in Q4
EconomyMacroeconomyGreece’s central government debt increased by 9.15 billion euros to 374 billion euros quarter-on-quarter (QoQ) in the fourth quarter (Q4) of 2020, from 364.9 billion euros in the previous quarter, the Finance Ministry's (MoF) debt bulletin showed on Friday. The current QoQ change is the fifth
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New tax debt €7.13 bln in 2020, rising by €1.34 bln in December
EconomyMacroeconomycame to 74.1 percent with 1.64 billion euros paid out of 2.22 billion euros due. The Finance Ministry
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Budget primary confirmed at deficit of 1.47 bln in Jan as taxes dwindle
EconomyMacroeconomyThe budget primary balance recorded a deficit of 1.47 billion euros in the first month of 2021, compared to a surplus of 495 million noted in January 2020, the final Finance Ministry (MoF) budget execution bulletin for January showed. The primary balance was below its target by 442 million euros
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General govt primary cash deficit at 720 mln in January, as social security funds start year in deficit
EconomyMacroeconomyGreece’s general government (gg) primary cash deficit came to 720 million euros in January compared to a surplus of 878 million euros in the same month of in 2020, according to the Finance Ministry’s (MoF) monthly gg bulletin. In the underlying subcategories, the biggest year-on-year (YoY) decline
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Newsletter 288 - 12/03/2021
of the support measures through April. Among the measures planned by the Finance Ministry are a new
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Budget primary shows deficit of 1.5 bln in Feb, above target by 1.23 bln
EconomyMacroeconomyThe budget primary balance recorded a deficit of 1.5 billion euros in the two month of 2021, compared with a surplus of 831 million in the same period of 2020, the preliminary Finance Ministry (MoF) budget execution bulletin for February showed. The primary balance was above its target by 1.23
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