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  1. PBO sees encouraging signs for economic and fiscal outlook
    Photo by MacroPolis

    EconomyMacroeconomy

    The Parliamentary Budget Office (PBO) struck a rather positive note in its latest quarterly report... “particularly encouraging,” reflecting the fiscal robustness of the Greek economy with the budget hitting... billion in the end of 2018, and 506 million in tax refunds. The PBO takes note of the pension bill

    31%

  2. General govt primary cash surplus at 899 mln in January, arrears rise by 38 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    , the state budget primary balance showed a fall of 486 million euros, landing at 494 million euros... of 145 million euros was noted in transfers which came to 506 million euros. Arrears Arrears... million) and state budget (-5 million). Tax refunds account for the lion’s share of​ arrears at 30.1

    31%

  3. Greek pensions laid bare
    Photo by MacroPolis

    Agora

    of the system and consequently the state budget. No government since that report took the courageous... contributions The state budget covers public sector pensions (main and supplementary) as well...) is close to 1.2 billion euros. Pure pension-related grants, excluding EKAS, from the budget were

    31%

  4. Primary cash surplus widens to 2.66 bln in first five months of 2016

    EconomyMacroeconomy

    . However, the monthly data points to a primary cash deficit of 277 million euros in May from a small... and to a lesser extent higher Public Investment Budget (PIB) balance. In particular, ordinary budget... from last year. The budget execution figures published by the Finance Ministry on Thursday showed

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  5. Primary cash balance posts deficit of 316 mln in first 5 months
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of the year. It is noted that, excluding arrears’ payments, the respective figure dropped by 277 million.... The Public Investment Budget (PIB) deficit increased to 191 million in May from 155 million a year ago... last year, mainly due to a deterioration in February. As noted on Wednesday, the preliminary budget

    31%

  6. Primary cash surplus at 20.34 bln in November as revenues grow
    Photo by MacroPolis

    EconomyMacroeconomy

    million euros to stand at 253 million. On an aggregate basis, interest payments showed a decline of 277... Investment Budget (PIB) balance’s deficit came to 373 million in November from a deficit of 1.03 billion... the deficit of 1.68 million last year. The preliminary budget execution figures released

    31%

  7. Newsletter 230 -29/11/2019

    Newsletters

    as of the end of October, stood at circa 277 percent of the quota and an outstanding debt of just over 9... budget primary surplus confirmed at 5.74 bln Gross revenues came to 47.30 billion euros, above target by 95 million euros The budget primary balance recorded a surplus of 5.74 billion euros

    31%

  8. General govt primary deficit at 3.87 bln in March; spending soars
    Photo by Damian Mac Con Uladh

    EconomyMacroeconomy

    the state budget, the biggest year-on-year (YoY) decline was noted in social security funds (SSFs... funds deteriorated by 359 million euros YoY. The state budget primary balance showed a fall of 4.13 billion euros, landing at a deficit of 3.57 billion euros. The state budget primary balance

    31%

  9. General govt primary cash surplus falls to 2.6 bln in 2-month, arrears up for second month
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . In contrast, the respective figure for the state budget dropped by 611 million to 1.63 billion

    30%

  10. Newsletter 114 - 07/04/2017

    Newsletters

    last year. On the flipside, the respective figure for the state budget fell by 611 million to reach

    30%