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  1. Retail sector re-opens as govt examines further support for businesses
    Photo by MacroPolis

    PoliticsGreek Politics

    to be finalised in the summer and included in the 2022 budget, when the ministry will know how much fiscal space it will have. The ministry is facing the possibility of having to redesign the budget

    4%
  2. PM reins in rush to re-open economy as vaccines proceed slowly
    Photo via https://primeminister.gr

    PoliticsGreek Politics

    on Wednesday that reopening the retail sector would save the budget 1.5 billion euros per month. Paring back.... Now it is up to the authorities to manage the available budget of 1.5 billion euros, which

    4%
  3. Finance Ministry grapples with escalating cost of pandemic

    Economy

    amount to 7.5 billion euros, its budget plans for 2021 have already been blown out of the water. Ta.... This will lead the ministry to have to submit a revised 2021 budget to parliament soon, the newspaper

    4%
  4. EC sees big drop for economy in 2020, expects milder recovery of 3.5 pct in 2021

    EconomyMacroeconomy

    forecast, included in the budget for 2021 tabled last November, growth in 2021 was seen at 4.8 pct... quarter of the year most of the 7.5-billion-euro allocation of support in this year’s budget. For the euro

    4%
  5. Covid-19 stretches health system again, putting reopening of shops in doubt
    By Natasha Pandazopoulou/Fosphotos

    PoliticsGreek Politics

    closed carries a huge cost for the state budget. Each week that goes by with the retail sector closed costs the budget around 500 million euros. Koufodinas As the government juggles with the complexities

    4%
  6. In 9th post-bailout review, EC sees reforms slowing due to pandemic

    EconomyProgramme

    the 7.5-billion-euro support portfolio that was included in this year’s budget. Based on the Commission's latest estimates in autumn, the deficit this year will be 3.4 pct of GDP. The government’s 2021 budget puts

    4%
  7. Primary cash balance deficit at 2.72 bln in February
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    by 1.45 billion euros, bringing the total to 10.5 billion euros. The Public Investment Budget (PIB.... The Finance Ministry released its own preliminary data that showed the primary budget recorded a deficit

    4%
  8. IMF expects modest recovery, lingering debt but primary surplus to return swiftly
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    Fiscal Monitor the budget was seen in primary balance, which implies a 6-percentage point revision... one, issued by the Parliamentary Budget Office - to 4.2 pct, the latest estimate published this week

    4%
  9. Primary cash balance deficit at 3.91 bln in March

    EconomyMacroeconomy

    euros, bringing the total to 16.1 billion euros. The Public Investment Budget (PIB) balance came... released its own preliminary data this week that showed the primary budget recorded a deficit of 3.42

    4%
  10. Primary cash balance deficit at 6.14 bln in April
    Photo by MacroPolis

    EconomyMacroeconomy

    a rise by 4.04 billion euros, bringing the total to 22.2 billion euros. The Public Investment Budget.... The Finance Ministry released its own preliminary data this week that showed the primary budget

    4%