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  1. Eurozone set to give next govt until Sept to address fiscal issues

    EconomyProgramme

    , Greece is due to send its draft 2020 budget to the European Commission by September 15. Earlier... of a consistent under-execution of the budget. Both of these issues will have to be addressed promptly..., saving Greece more than 100 million euros in interest payments. However, official requests need

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  2. Newsletter 211 -21/06/2019

    Newsletters

    of Finance reported this week that the preliminary budget primary balance recorded a surplus of 918... “Compensation of Employees”. On an annual basis, state budget expenditure was higher in the 2019... of law 4575/2018) and increased PIB expenditure by 372 million euros. 2 Current account deficit drops

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  3. Newsletter 212 -28/06/2019

    Newsletters

    few months. 2 Primary surplus at 916 mln in May High expenditure drives latest headline figure The budget primary balance recorded a surplus of 916 million euros in the first five months of 2019, compared to a surplus of 853 million noted in May 2018, the Finance Ministry’s (MoF) final budget

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  4. Newsletter 219 -13/09/2019

    Newsletters

    in the 2020 budget being drafted by the Finance Ministry. One of the most significant interventions... onwards to adopt these measures. The Finance Ministry is due to submit the draft 2020 budget... will have a fiscal impact of 100 million euros. Reducing the introductory income tax rate from 22

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  5. Newsletter 372 - 03/03/2023

    Newsletters

    in 2018, which claimed more than 100 lives, even though serious operational failings in the emergency... the final budget was approved in Parliament, the Finance Ministry had adopted a baseline scenario... of more than 2 pct for 2023, expecting the economy to show enough resilience despite the expected

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  6. Newsletter 497 - 06/03/2026

    Newsletters

    budget remains intact. That budget was constructed on an oil price assumption of 62.4 dollars per..., could push prices to 100 or even 130 dollars. Such levels would force a political reckoning over... 248.35 billion euros. Household consumption was up by 2 pct, investments grew by 8.9 pct, exports rose

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  7. Finance Ministry wavers as revenues remain at the forefront

    EconomyProgramme

    newspaper reported that the outflow on Tuesday rose to 300 million euros from an average of about 100... is the key determinant of budget execution this year, with the Greek authorities and institutions..., local media report that the fiscal gap is seen at around 2 billion by the institutions and below 1

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  8. Greece gets tranche and looks ahead to next tasks, including pensions and NPLs

    EconomyProgramme

    -tranche of 2 billion euros to Greece after the completion of the first set of milestones as well... in excess of 100 billion euros, with a rising trend. The new measures would involve amendments... of competition and prospects for investment. 2) Design of the New Organisation of Markets in Electricity (NOME

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  9. Greece, eurozone edge closer on pensions and fiscal gap but IMF keeps bar high
    Photo by MacroPolis

    EconomyProgramme

    percent or around 1 billion euros, mostly related to measures that are incorporated in the 2016 budget... sometime in the next few months. 2) Tax rate of 30 percent on OPAP Video Lottery Terminals (VLTs), with targeted revenues at 100 million. But the VLT launch has been delayed and it is not yet known when

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  10. Newsletter 375 - 24/03/2023

    Newsletters

    expired is on July 2. Mitsotakis suggested that it was never in his thinking as picking that date... a first vote using proportional representation, ND would have 115, SYRIZA 100, PASOK 35, KKE 25... and the signals on the budget front are encouraging throughout last year and a solid start in 2023, largely

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