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Finance Ministry faces balancing act as it starts to draft 2020 budget
EconomyProgrammebudget, which will have to achieve the key economic goals pledged by New Democracy but also satisfy... budget calculations on, while factoring in the tax cuts it has promised for this year and next... to save around 200 million euros, while the greater use of digital tools in the civil service will save
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ND walks tightrope with 2022 budget, looks for answer to inflation
PoliticsGreek Politicsthe political agenda this week. The draft 2022 budget was due to be presented at a cabinet meeting... reportedly been revised down to 4.5 pct in the draft budget. Next year’s budget will be a political..., the ruling conservatives will also have to find a way to start reining in the budget deficit without being
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Budget primary balance to May beats target by wide margin, taxes continue to outperform
EconomyMacroeconomyThe budget primary balance for the first five months of 2022 came to a deficit of 1.49 billion... to the preliminary Finance Ministry (MoF) budget execution data released on Wednesday. The primary balance beat... of the year. Expenditure, excluding interest payments and the public investment budget, came to 20.6
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Budget primary balance in H1 beats target by 1.47 bln on back of improved tax haul
EconomyMacroeconomyThe budget primary balance for the first half of 2022 came to a deficit of 3.43 billion euros... Finance Ministry (MoF) budget execution data released on Monday. The primary balance beat the target.... Expenditure, excluding interest payments and the public investment budget, came to 25.97 billion
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Budget outperforms in Mar, delivers 2.95 bln primary surplus thanks to strong tax collection
EconomyMacroeconomyThe budget primary balance recorded a surplus of 2.95 billion euros in March, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday. In March... payments and the public investment budget, came to 11.46 billion euros. Net revenues were 16.79 billion
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Budget primary surplus at 2.33 bln in April on strong PIB underspend
EconomyMacroeconomyThe budget primary balance came to a surplus of 2.33 billion euros in the first four months of 2018, the Finance Ministry (MoF) preliminary budget execution bulletin for April showed on Monday... by just under 200 million euros. Net revenues came to 14.42 billion euros, above target by 689
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Athens preparing to present budget plans to lenders after tax cut pledges
EconomyProgramme. The Finance Ministry has been working on the draft 2020 budget, which it has to submit to the European... security contributions, which is set to begin next summer, has an estimated cost of 200 million euros..., been collected so far. The government has already pointed out to the local media that budget revenues
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Surge in Covid-19 deaths as work on adjusted 2021 budget nears completion
PoliticsGreek Politicsposed by the second coronavirus wave, the Finance Ministry is busy re-writing the budget to account... that it is protecting public safety and has a chance to portray its opponents as reactionaries. Draft budget Away from the political coalface, the Finance Ministry is working on the budget for 2021, which is due
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Jan-May primary budget deficit contained at 1.49 bln on back of property tax, VAT intakes
EconomyMacroeconomyThe budget primary balance for the first five months of 2022 came to a deficit of 1.49 billion... to the final Finance Ministry (MoF) budget execution data released on Monday. The primary balance beat... budget, came to 20.6 billion euros. Net revenues reached 22.29 billion euros, above the target by 1.89
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Final budget execution for June affirms solid revenues, driven by VAT and income tax
EconomyMacroeconomyThe budget primary balance for the first half of 2022 came to a deficit of 3.43 billion euros... Finance Ministry (MoF) budget execution data released on Monday. The primary balance beat the target by 1.47 billion euros. Expenditure, excluding interest payments and the public investment budget, came
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