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  1. Primary cash surplus at 17.96 bln in Sept as expenditure for the month falls
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    fell by 1.24 billion euros. The Public Investment Budget (PIB) balance showed a deficit of 60... to a deficit of 500 million for the same time last year. The preliminary budget execution figures

    4%

  2. Athens edges towards compromise on pension cuts but may have to plug fiscal gap
    Photo by MacroPolis

    EconomyProgramme

    Brussels on Friday, Prime Minister Alexis Tsipras appeared optimistic that Greece’s draft budget... apparently believe that the projections in the 2019 budget leave a gap that must be plugged, either

    4%

  3. Pensions spending stable but early retirees burden system
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    the fiscal space to forgo this measure. The 2019 budget submitted to the European Commission... optimistic that the budget would be accepted without any changes. The latest cuts aside, the country’s aging

    4%

  4. Backpay for civil servants gets "positive" measures rolling for government
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    of the vote on the budget. Fiscal impact The reduction in the ENFIA property tax is seen having a fiscal... budget. It has been suggested in the local media over the past few days that the government might have

    4%

  5. Council of Europe report warns over austerity-inflamed inequality in education
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    this year. The report noted that the state budget for the Ministry of Education was significantly... professionals,” the Commissioner’s report said. As budget cuts hit, schools closed and merged

    4%

  6. Coalition closing in on goal of cancelling pension cuts
    Photo via Fosphotos

    PoliticsGreek Politics

    . The fiscal impact of the entire package is estimated at 766 million euros in the draft budget. Going... programme. The preliminary budget execution Jan-Oct data published on Wednesday showed that on a year

    4%

  7. Fresh reminder about pending reforms for Athens, which remains confident on goals
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    are spending from the fiscal space in the budget in social sectors where Greece has the lowest spending... in the budget for this winter’s heating fuel subsidy. He also said that if he remains in office in the coming

    4%

  8. S&P keeps B+ rating and positive outlook, stresses factors for stronger growth
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    for a more cautious approach. S&P sees a stabilising economic outlook, which is coupled with solid budget... at the end of adjustment programme last summer. On the budget commitments, S&P sees a risk

    4%

  9. Pension outlay still falling, 40.4 pct of main monthly payments below 500 euros
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    ministers gave Greece’s 2019 budget the green light in December. The budget had included scenarios

    4%

  10. IMF outlines areas in which Greece needs further reforms, where it should apply caution
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyProgramme

    that the minimum wage rise could have a negative effect on the budget as spending will increase because 24... euros in retroactive payment and an ongoing impact on the budget in the region of 0.2 percent

    4%