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Newsletter 449 - 31/01/2025
and dropping the trade tax also for companies. The budget ended 2024 with another outperformance which... tax relief. The primary surplus came to 3 pct of GDP, from 2.5 pct initially expected and the budget... challenges and its fiscal impact that has favoured the budget in the first year of implementation could
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Greek budget outperformed targets by 3.9bn euros to August, preliminary figures show
EconomyBudget execution to August showed revenues outperforming monthly targets by 490 million euros... significantly boosted by cumulative Public Investment Budget (PIB) revenues of 2.2 billion. Moreover, a Jan-Aug primary surplus of 1.42 billion and a budget deficit of 3.94 billion continued to outperform
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Greek primary budget surplus rises to 2.53 bln at end of September
EconomyGreece’s budget execution showed the primary surplus widening to 2.53 billion euros in the 9-month... compared to August. The 9-month budget deficit stood at 2.29 billion euros, also displaying a better... reflects lower MoM interest payments in September. Both 9-month primary and budget balances continue
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Primary budget surplus 923 mln short of target in Jan as revenues fall by 18.4 pct
EconomyGreece’s final budget execution data confirmed preliminary figures released on February 12.... Similarly, the budget balance posted a surplus of 367 million, down 40.7 percent from last year’s... a slightly lower rise by 5 percent to 941 million. Note that the 2015 budget envisaged primary
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Budget primary surplus falls to 1.24 bln at end of Feb as revenues miss target
EconomyMacroeconomyGreece’s budget primary surplus for the first two months of the year reached 1.24 billion euros, down 40 percent, according to the Finance Ministry (MoF) final budget bulletin. Tuesday’s figures... (by 731 million), higher Public Investment Budget (PIB) balance (by 318 million) and higher tax refunds
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Budget primary surplus up to 1.73 bln in Q1 as gov't holds back expenditure
EconomyMacroeconomyGreece’s 3-month budget primary surplus was confirmed at 1.73 billion euros, up 12.4 percent, according to the Finance Ministry (MoF) final budget bulletin published on Friday. Preliminary figures... Budget (PIB) surplus (857 million). This offset the lower revenues for the period (389 million
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Budget primary surplus of 1.19 bln in Jan markedly better than target
EconomyMacroeconomyGreece’s budget primary surplus rose to 1.19 billion euros in January from 443 million last year, the Finance Ministry (MoF) preliminary budget bulletin displayed on Monday. The marked improvement primarily reflects a sharp increase in the Public Investment Budget (PIB) surplus to 430 million (from
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Final budget primary surplus reached 2.72 bln at end-April after upward revision of PIB revenues
EconomyMacroeconomyGreece’s budget primary surplus rose by more than 29 percent to 2.72 billion euros in the 4-month...) final budget execution bulletin showed on Friday. The headline number is 339 million euros higher than... of the Public Investment Budget (PIB) revenues by a similar amount to 1.91 billion from 1.57 billion
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Budget primary surplus of 2.28 bln in first five months of 2016, tax revenues beat target in May
EconomyMacroeconomyGreece’s budget primary surplus was confirmed at 2.28 billion euros in the 5-month period of 2016... Ministry’s (MoF) final budget execution bulletin released on Monday. Compared to the target.... On the flipside, the Public Investment Budget (PIB) balance fell slightly short of target by 74 million
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Budget primary surplus of 3.6 bln by July, monthly revenues short of target by 315 mln
EconomyMacroeconomyGreece’s budget primary surplus slipped by 3.8 percent to 3.57 billion euros in the 7-month period of 2016 from 3.71 billion last year, the Finance Ministry (MoF) preliminary budget execution.... The state budget deficit of 810 million displayed a similar performance, down by 3.6 percent from
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