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Primary cash surplus of 386 mln in Jan from deficit last year
EconomyMacroeconomyis fully attributed to the soaring Public Investment Budget (PIB) surplus of 429 million this year from... stood at 116 million up 52.6 percent over last year’s figure of 76 million. The budget execution
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A closer look at 2015 revenues reveals size of hit they took
EconomyMacroeconomyreport on a monthly basis. The bulk of the reported figures were already known from the final budget.... In the 2016 budget, the Finance Ministry incorporated revenues from VAT reshuffling of 427 million euros
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General gov't primary cash surplus climbs to 1.3 bln in Jan, arrears resume upward trend
EconomyMacroeconomyin the budget figure, which rose by 685 million to 927 million in January. Extra-budgetary funds followed... at 706 million, state budget at 437 million, local governments at 283 million and extra-budgetary
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General gov't primary cash surplus widens to 3.2 bln in March, arrears jump to 6.7 bln
EconomyMacroeconomyin the cash surplus of the extrabudgetary funds followed by state budget (+679 million) and social... budget stood at 2.31 billion and remains the key contributor to the overall balance. Extrabudgetary funds
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General gov't primary cash surplus for Jan-Apr quadrupled to 2.6 bln, arrears stable at 6.7 bln
EconomyMacroeconomyin the state budget (+697 million) and social security funds - SSFs (+139 million). In contrast... that the state budget’s primary cash surplus reached 2.29 billion euros and remains the key contributor
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Technical MoU provides more detail on fiscal brake, arrears and privatisations
EconomyProgrammecategory’s budget ceiling. Discretionary expenditure excludes all categories that do not involve pension..., net of EU transfers to the Greek budget for migration-related costs, are excluded from
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Revenues spring surprise by beating Sep target, providing 1.4 bln cushion for Q4
EconomyMacroeconomythat the preliminary budget execution bulletin with the official revenue and expenditure figures is due... will be available upon the release of the final budget execution bulletin due after October 20
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Greece's taxing challenges
Agora. The draft budget for 2017, which was submitted to parliament this week, continues on this policy.... The draft budget stipulates additional taxation for private households and businesses totalling 2.5
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The IMF and Greece's bitter pill
Agorathe budget target towards 3.5 percent of GDP will take an even larger toll on growth, will “reduce... implementation of a more growth friendly budget.” - Cuts have been so deep that “decaying
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Athens settles pension handout row, looks for review progress
EconomyProgrammemillion according to the General Accounting Office, is fully funded by the 2017 budget, the letter.... The 2017 budget foresees a primary surplus target of 1.91 billion euros for 2016, corresponding
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