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Nov budget data confirms tax revenue outperformance at 784 mln
EconomyMacroeconomyThe budget primary balance recorded a deficit of 7.88 billion euros up to November 2021, compared with a deficit of 13.75 billion in the same period last year, the final Finance Ministry (MoF) budget execution data showed on Monday. The primary balance exceeded the target set in the new 2022 final
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Govt readies targeted support for energy bills in bid to contain cost of living crisis
PoliticsGreek Politicsto finance the package out of the Energy Transition Fund, which was initiated in 2021 to tackle high
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Govt confident about school return, but faces doubts on post-bailout review
PoliticsGreek Politicsproperty tax. According to reports over the weekend, the Finance Ministry has encountered obstacles
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Govt treads carefully on economic relief measures, hoping normality is near
PoliticsGreek Politicsbeing considered, such as a temporary reduction in VAT, has been nipped in the bud by Finance Minister
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Budget primary deficit improves by 7.2 bln YoY in 2021, beats target by nearly 2 bln
EconomyMacroeconomyThe budget primary balance for the full year landed at a deficit of 10.99 billion euros in 2021, compared to a deficit of 18.2 billion in 2020, according to the preliminary Finance Ministry (MoF) budget execution data released on Monday. The primary balance is well ahead of the target set
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SYRIZA zooms in on inflation, pandemic weaknesses to boost popularity
PoliticsGreek Politicsby the Finance Ministry because of the hole it would create in public revenues). The leftists have also proposed
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Parties hone strategies ahead of confidence vote
PoliticsGreek Politics. The left-wing party also submitted a censure motion against Finance Minister Christos Staikouras
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Mitsotakis forced to wield axe as legacy issues resurface
PoliticsGreek Politicsshows the mayor, Petros Doukas, who had served as deputy finance minister in the Karamanlis government
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Traditional sectors carry burden of job creation as unemployment levels fall
EconomyMacroeconomythe pandemic, the Finance Ministry allocated a sizable amount of almost 45 billion euros in relief over 2020
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Central govt debt rises again in Q4, reaching 388.3 bln euros
EconomyMacroeconomyGreece’s central government debt increased by roughly 2 billion euros in the last quarter 2021 to 388.34 billion euros, from 386.82 billion euros in the previous quarter, the Finance Ministry's (MoF) debt bulletin showed on Friday. The current QoQ change is the ninth consecutive rise in debt after
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