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  1. Final budget data for 2021 affirms revenue overperformance, primary balance below 6 pct of GDP
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance for the full year landed at a deficit of 10.33 billion euros in 2021, compared to a deficit of 18.2 billion in 2020, according to the final Finance Ministry (MoF) budget... that the balance is now well ahead of the target set in the final budget for 2022, beating it by 2.62 billion euros

    6%

  2. Budget exudes fiscal stability, but hints at political complications

    EconomyMacroeconomy

    Last week’s five-day debate on the 2025 budget concluded on Sunday without any complications... be considered the first budget of stability since Mitsotakis assumed office, as the first full year.... The 2025 budget sees the primary balance at 2.5 pct of GDP this year and will remain at that level

    6%

  3. Rising tension in Western Balkans add to diplomatic concerns
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsForeign Policy

    Democrat party and others representing FYROM’s Albanian ethnic minority voted for a new speaker, Talat

    6%

  4. Greece tries to navigate through uncertainty in Western Balkans
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsForeign Policy

    for a new speaker, Talat Xhaferi. Nearly five months after parliamentary elections, nationalists

    6%

  5. No country for reluctant peacemakers
    Photo by MacroPolis

    Agora

    ) the reunification of the island (Christofias-Talat, Anastasiades-Akıncı). If they did not manage to reach

    6%

  6. Newsletter 255 -26/06/2020

    Newsletters

    of GDP next year. Kathimerini suggested that the draft budget being put together for 2021 could aim..., with the Parliament’s Budget Office (PBO) warning that arrears had risen from 140,279 outstanding applications in September 2019 to 160,959 in March 2020. The cost to the budget is expected to exceed 600

    6%

  7. Revenues beat target for third straight month, put primary surplus in sight

    Economy

    Investment Budget (PIB) revenues of 2.2 billion. Nevertheless, a Jan-Sep primary surplus of 1.12 billion and a budget deficit of 4.17 billion widened target outperformance to 4.0 billion at the end...The budget execution to September showed revenues beating monthly targets by 339 million euros

    6%

  8. Greece holds back spending, rakes in one-off revenues for 2.1 bln primary surplus at end of April

    Economy

    Greece’s budget execution showed the 4-month primary surplus more than doubled year on year (YoY... budget bulletin published on Monday. The reading is 60 million euros lower than the preliminary figure... primary expenditure (1.46 billion better than target) b) Higher Public Investment Budget (PIB) balance

    6%

  9. Newsletter 208 -31/05/2019

    Newsletters

    , Parliament’s Budget Office (PBO) does not share the concerns of the country’s lenders about... of a 13th pension had a budget cost of 830 million euros net of taxes and social insurance contributions... that the measures will throw this year’s budget off track. These concerns are likely to be highlighted

    6%

  10. VAT and income taxes buoy revenue performance as primary surplus target is beaten in Sep
    Finance Ministry

    EconomyMacroeconomy

    The budget primary balance in September was confirmed at a surplus of almost 6 billion euros... Ministry (MoF) budget execution data released on Wednesday. In the nine months of the year, the budget... budget, came to 36.3 billion euros. Net revenues came to 48.3 billion euros. The budget balance up

    6%