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Newsletter 9 - 30/12/2014
elections is in the balance. SYRIZA has been steadily ahead in opinion polls throughout 2014 and has... of the snap elections is in the balance. Samaras’s decision to move forward the presidential ballots have... are rising on a monthly basis make for an explosive cocktail for any budgetary outlook and the balance
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Newsletter 10 - 09/01/2015
Gap tightens in election race Balance of power could still shift as over one in ten are undecided... that the balance of power could shift, although it is more likely that this would push SYRIZA towards... billion in the 11-month period, producing a positive balance for the full year. Although most
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Primary budget surplus 923 mln short of target in Jan as revenues fall by 18.4 pct
Economy. Similarly, the budget balance posted a surplus of 367 million, down 40.7 percent from last year’s... Budget (PIB) balance recorded a surplus of 52 million in January from deficit of 276 million last year, slightly better than target. The positive PIB balance stems from a jump in PIB revenues to 193
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Primary surplus at 1.24 bln in Feb on lower spending and recovering revenues
Economyto lower primary expenditure by 538 million euros a a higher Public Investment Budget balance..., primary expenditure was 591 million better than target, PIB balance was 318 million better than expected... in the budget balance, which showed a deficit of 189 million euros in the 2-month period from
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Greek central gov’t cash surplus shrinks 70 pct to 503 mln by February
EconomyMacroeconomyGreece’s central government primary cash balance showed a surplus of 503 million in the first two... of Greece (BoG). The central government net balance posted a deficit of 684 million in the 2-month period... at 1.36 billion. Similarly, Public Investment Budget (PIB) balance of both BoG and MoF did not show
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Budget primary surplus falls to 1.24 bln at end of Feb as revenues miss target
EconomyMacroeconomy(by 731 million), higher Public Investment Budget (PIB) balance (by 318 million) and higher tax refunds (by 145 million). Similarly, the budget balance posted a deficit of 194 million euros from a surplus... balance showed a surplus of 258 million in the 2-month period outperforming target by 318 million
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ELSTAT sees 2014 primary surplus at 0.4 pct of GDP, debt at 177.1 pct
EconomyMacroeconomythe definition of primary balance set by Greece’s Economic Adjustment Program (EAP). The key... of GDP under EAP methodology. In 2013, primary balance under ESA 2010 had posted a deficit of 8.3... is excluded from EAP calculations. ELSTAT figures also showed that the overall gg balance recorded
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Revenues 705 mln short in June but expenditure above target by 961 mln
Economyprocurement (by 295 million) coupled with a higher Public Investment Budget (PIB) balance (by 1.54 billion... better than target and PIB balance 430 million above target The 6-month budget deficit remained almost... million. As a result, PIB balance posted a surplus of 269 million in June and 875 million
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General gov't primary cash surplus shrinks in first half of 2015 as state arrears grow
EconomyMacroeconomythe key positive contributor of the overall gg balance. Local government's primary balance still remains... pattern was also evident in extra-budgetary funds with their primary cash balance deteriorating by almost
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Cash primary surplus for Jan-Jul close to 3 bln on improved revenues
EconomyMacroeconomyrespective figure of 1.42 billion. The central government net balance remained in negative territory showing... balance are calculated purely on a cash basis, while the respective items reported by the Finance... billion. In contrast to the other items, the Public Investment Budget (PIB) balance in both the BoG
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