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EC forecasts 9 pct dip followed by 5 pct recovery but new lockdown not factored in
EconomyMacroeconomyare reflected on the budget. The Commission sees a headline deficit of 7 pct of GDP, with the measures... the temporary measures that the authorities included in the draft budget of 2021, worth 1.1 pct of GDP
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Newsletter 280 -15/01/2020
, the state budget primary balance showed a fall of 21.03 billion euros, landing at a deficit of 13.75 billion euros. The budget primary balance for the same time last year came to a surplus of 7.28
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Retail sector re-opens as govt examines further support for businesses
PoliticsGreek Politicsto 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
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PM reins in rush to re-open economy as vaccines proceed slowly
PoliticsGreek Politicson 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
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Finance Ministry grapples with escalating cost of pandemic
Economyamount 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
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In 9th post-bailout review, EC sees reforms slowing due to pandemic
EconomyProgrammethe 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
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General govt primary cash deficit at 720 mln in January, as social security funds start year in deficit
EconomyMacroeconomy, the state budget primary balance showed a fall of 1.25 billion euros, landing at a deficit of 759 million euros. The state budget primary balance for the same time last year came to a surplus of 495 million
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Primary cash balance deficit at 2.72 bln in February
EconomyMacroeconomyby 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
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General govt primary cash deficit at 1.99 bln in February; arrears jump
EconomyMacroeconomyeuros YoY. Overall, the state budget primary balance showed a fall of 2.45 billion euros, landing at a deficit of 1.62 billion euros. The state budget primary balance for the same time last year came
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Primary cash balance deficit at 3.91 bln in March
EconomyMacroeconomyeuros, 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
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