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Primary cash balance at deficit of 34 mln in March
EconomyMacroeconomyto March rose by 758 million euros to stand at 12.67 billion euros. The Public Investment Budget (PIB... euros compared to a surplus of 783 million euros last year. The preliminary budget execution
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Newsletter 204 -03/05/2019
unchanged The budget primary balance was confirmed at a surplus of 1.44 billion euros in the first... (MoF) final budget execution bulletin showed this week. The primary surplus surpassed its target
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EC spring forecast sees growth of 2.2 pct in 2019, 2020 but warns of hampered public investments
EconomyMacroeconomyhighlights is due in part to heavy underspending of the public investment budget. Overall, gross fixed... under spending of the public investment budget. The Commission noted that the general government
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Primary cash balance at surplus of 232 mln in Apr
EconomyMacroeconomyby 1.19 billion euros to stand at 16.57 billion euros. The Public Investment Budget (PIB) balance came... million euros, declining by 650 million euros year-on-year. The preliminary budget execution figures
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Payment plans for overdue debts launched as Athens looks for revenue boost
EconomyProgrammeto question Euclid Tsakalotos in more detail about the budget execution. It is worth noting... 2018. Indeed, the 2019 budget had already partially reversed some programme measures, including
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Primary surplus target still on lenders' agenda despite snap elections
EconomyProgrammethat the measures implemented for this year have thrown the budget off course and that the 3.5... percent this year might not be reached by a significant margin. In 2020, there will be a new budget, so
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Newsletter 209 -07/06/2019
is the result of a significant budget under-execution. It outlined the areas where Greek authorities have spent.... Given that the budget under-execution is not included in the European institutions' baseline scenario
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Eurozone set to give next govt until Sept to address fiscal issues
EconomyProgramme, Greece is due to send its draft 2020 budget to the European Commission by September 15. Earlier... of a consistent under-execution of the budget. Both of these issues will have to be addressed promptly
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Mitsotakis vows to push on with tax cuts despite fiscal concerns
PoliticsGreek Politicsto give the new government the space it needs to implement its programme. “The 2020 budget… will contain... the 2020 budget has to be sent to the European Commission and New Democracy will set out its four
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Newsletter 211 -21/06/2019
of Finance reported this week that the preliminary budget primary balance recorded a surplus of 918... “Compensation of Employees”. On an annual basis, state budget expenditure was higher in the 2019
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