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Property Index, Wages Index, Q1 2019 = 100
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Contraction of 0.1 pct in Q4 sees 2018 GDP fall slightly below target at 1.9 pct
EconomyMacroeconomy’s (MoF) final budget estimate of 2.1 percent for 2018. A breakdown of annual components showed... to 2017. The MoF’s final budget for 2019 had foreseen the exports of goods and services to increase... by 2.2 percent from a rise of 2.6 percent in Q3. The figures showed that nominal GDP grew by 2.5 percent
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Newsletter 4 - 21/11/2014
taxes in up to 100 instalments. The Finance Ministry believes the payment plan could have a positive... months of this year, a rate of less than 150 million per month. The 2015 budget tabled in parliament... percent incorporated in the medium-term fiscal strategy (MTFS) and the 2 percent in the draft budget
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Greece submits reform proposals but Eurogroup unlikely to be moved
EconomyProgrammebe tasked with preparing macroeconomic forecasts for the budget, monitoring the implementation... Council will merge with the existing State Budget Office that functions within the parliament... the budget preparation and organic budget law. The Greek authorities commit to implement
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Newsletter 31 - 19/06/2015
40.8 percent in Q1, up from from 39.9 percent in Q4. In absolute numbers, NPEs exceeded 100 billion... NPE exposure of 100 million, banks would have to set aside about 44 million in loan provisions..., spending miss targets Greece’s budget execution showed that the 5-month primary surplus more than doubled
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Greece closes 2013 with 691 mln budget primary surplus despite late investment spend
EconomyMacroeconomyGreece’s 2013 budget execution showed a primary surplus of 691 million euros (0.4 percent of GDP... of Finance (MoF) on Tuesday. The state budget deficit narrowed 65.9 percent to 5.35 billion (2.9..., the MoF reported a large part of the Public Investment Budget (PIB) expenditure in the last month
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Greek MPs pass 2015 budget but give few clues for presidential vote
PoliticsGreek PoliticsThe government won the vote for the 2015 budget in the early hours of Monday but the result... MPs voted in favour of the budget, 134 against and 1 voted present. One government MP (PASOK) was unable to vote, while one independent backed the budget. Katerina Markou an independent formerly
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Budget primary surplus to Oct confirmed at 6.5 bln, 2.9 bln above revised target
EconomyMacroeconomyGreece’s budget primary surplus was confirmed at 6.5 billion euros in the 10-month period of 2016 from 4.53 billion a year ago, the Finance Ministry (MoF) final budget execution bulletin showed on Thursday. Following the tabling of the 2017 budget in Parliament last Monday, the Finance Ministry
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Final budget sees strong growth, fiscal overperformance in 2018
EconomyMacroeconomyThe Finance Ministry tabled in Parliament on Tuesday evening the final version of the 2018 budget, which the government hopes will be the last budget of the memorandum era as the current European... budget had included a forecast for 2.7 percent expansion. Following a substantial revision
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Public investment under spotlight amid arguments over budget execution
EconomyMacroeconomyinvestment spending appear higher at state budget level than it was. In a statement accompanying the preliminary budget release for December, Deputy Finance Minister Theodoros Skylakakis claimed that the Public Investment Budget (PIB) execution last year was better than 2018 because in the previous
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