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  1. Newsletter 151 -16/02/2018

    Newsletters

    The budget primary balance recorded a surplus of 1.88 billion euros in the first month of 2018, beating the forecast by 1.16 billion euros, the Finance Ministry (MoF) preliminary budget execution

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  2. New Democracy targets SYRIZA over law and order, independent institutions
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    , published by ELSTAT on Monday, was 0.2 percentage points below the budget forecast of 1.6 percent... for Fiscal Policy, Franciscos Koutentakis, as the new head of the independent Parliamentary Budget Office

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  3. Primary cash surplus at 6.34 bln in Feb as expenditure, interest payments fall
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    a decline of 466 million euros for the current year to date. The Public Investment Budget (PIB... million euros compared to 197 million a year ago. As previously noted, the preliminary budget

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  4. Primary cash surplus at 7.72 bln in March on strong underspend
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    . The Public Investment Budget (PIB) balance surplus grew to 210 million from a very slight surplus of 1... million a year ago. The preliminary budget execution figures released by the Finance Ministry (MoF

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  5. Extra taxation did not increase revenues in 2017
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    revenue figures for 2018 were eventually downward revised in the final budget draft tabled... investment budget will be 3.56 billion, up from 3.18 billion in 2017. Expenditure will be significantly

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  6. Primary cash surplus at 7.45 bln in April on revenue growth, lower expenditure
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Investment Budget (PIB) balance fell into a deficit of 121 million euros compared to a surplus... a year ago. The preliminary budget execution figures released by the Finance Ministry (MoF

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  7. The first cut is the deepest? Greek pension reforms in context

    EconomyFeatures

    ’ pensions directly out of the budget rather than through a pension fund. State pensions amounted... a grant, and the state pension as a separate budget item has been all but eliminated. Pension levels

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  8. Primary cash surplus at 6.4 bln in year to date, expenditure rises during May
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    arrears payments made in May, expenditure rose by 571 million euros. The Public Investment Budget... which came to 17 million euros. The preliminary budget execution figures released by the Finance

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  9. June primary cash surplus at 6.49 bln as revenue increase offsets higher expenditure
    Photo by MacroPolis

    EconomyMacroeconomy

    rose by 911 million euros. The Public Investment Budget (PIB) balance showed a deficit of 37 million... balance for last year which recorded a deficit of 75 million euros. The preliminary budget execution

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  10. Growth conditions improving but more work needed over longer term, PBO suggests
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The Parliament Budget Office's (PBO) second quarter (Q2) report, published recently, examined the current economic conditions in Greece but also how exports and imports have evolved during the crisis... crisis. Revenues and debts A breakdown of the government’s revenues showed that state budget net

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