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Budget primary balance at 823 mln in Feb, beating target with help of higher revenues
EconomyMacroeconomyThe budget primary balance recorded a surplus of 823 million euros in the first two months of 2018...) preliminary budget execution bulletin showed on Friday. The primary surplus surpassed its target by 1.02 billion euros. State budget expenditure came to 8.97 billion euros, 569 million euros below
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Omnibus bill goes to Parliament as Greece seeks to unlock 2 bln sub-tranche
EconomyProgrammeincluding the prior actions needed for the disbursement of the next sub-tranche of 2 billion. The bill... retirement age limits gradually increase as of August 19 until January 1, 2022. 2) The minimum pension... framework for the settlement of tax arrears in 100 instalments, allowing tax authorities to reduce
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NBG sale of its 75 pct stake in Ethniki Insurance improves capital ratio by more than 100 bps
EconomyBankingBulgarian Bank (UBB) and its 100 percent share in Interlease to KBC Bank for a consideration of 610
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Budget primary balance to Nov beats target by 1.15 bln as taxes outperform
EconomyMacroeconomyThe budget primary balance for the eleven months of 2022 came to a deficit of 1.09 billion euros... Finance Ministry (MoF) budget execution data released on Tuesday. As is the standard practice, once the final budget for the next year is submitted, the targets for the running year are revised
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Primary cash surplus expands to 3.2 bln by September incorporating arrears repayment of 2 bln
EconomyMacroeconomyInvestment Budget (PIB) balance posted a marginal deficit of 2 million in September from 606 million last... year’s figure. As we noted last week, the Finance Ministry (MoF) preliminary budget execution bulletin showed a budget primary surplus of 5.45 billion in the 9-month period with net revenues rebounding
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Wages index rises by 2 pct in Q1 and 4.9 pct YoY
EconomyMacroeconomyquarter (Q1) of the year, after a rise of 2 percent in Q4 2017, Hellenic Statistical Authority (ELSTAT..., the index rose by 2 percent, picking up pace from a rise of 0.2 percent in the previous quarter... in Q1 for a second positive quarter. The NSA index fell to 84.6, declining from the figure of 100
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Budget sees Greece outdoing peers with 1.8 pct growth, 0.7 pct primary surplus in 2023
EconomyMacroeconomyThe Finance Ministry tabled in Parliament on Monday the final budget for 2023, which - despite... seen in the draft budget last month, and ahead of the recent forecast by the European Commission of 1... price index is seen at 5 pct, a significant revision from the 3 pct seen in the draft budget
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Budget execution shows surplus of 811 mln at start of 2014
EconomyMacroeconomyGreece’s budget execution showed a primary surplus of 811 million euros in January almost double... data released by the Ministry of Finance (MoF). The state budget surplus jumped to 595 million from... targets by 144 and 124 million respectively, reflecting a lower Public Investment Budget (PIB) balance
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Greek primary budget surplus at 707 mln as revenues beat target in May
EconomyGreece’s budget execution showed a primary surplus of 707 million euros in the 5-month period from... released by the Ministry of Finance (MoF) on Tuesday. The state budget deficit to May narrowed... published on June 12. Then, the MoF had revised its full year budget forecasts according
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GDP grows by 1.3 pct QoQ in Q2, in line with growth estimates of 2+ pct for year
EconomyMacroeconomyto 2.7 percent year-on-year (YoY), from a 2 percent YoY rise in Q1. The quarterly movements in Q2... components recovered. Final consumption increased by 2 percent YoY, while investments also increased... pct that appeared in the 2023 final budget at the end of 2022. The most recent inflation estimate
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