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Budget primary shows deficit of 8.17 bln in May, falling below target
EconomyMacroeconomyThe budget primary balance recorded a deficit of 8.17 billion euros in the first five months... Ministry (MoF) budget execution bulletin for May showed on Tuesday. The primary balance was below its target by 998 million euros. Expenditure excluding interest payments and the public investment budget
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Greek fiscal deficits and debt since 2000
Agoraand budget balances? Line 2. presents the flows of deficits (fiscal policy) during each 5-year period... of the Hellenic Ministry of Finance, that the Syriza 2 government (from September 2015 to July 2019) essentially ran a balanced budget rule. This good fiscal performance earned Greece an exit from
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Greek primary budget surplus to August narrows to 1.95 bln on lower revenues
EconomyGreece’s budget execution showed the primary surplus narrowing to 1.95 billion in the 8-month.... The 8-month budget deficit stood at 2.85 billion, more than 1 billion higher compared to that posted in the 7-month period. Despite the poorer revenue performance in August, the 8-month primary budget surplus
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Athens prepares final 2019 budget after green light to ditch pension cuts
EconomyProgrammeThe government is set to submit the final version of the 2019 budget to Parliament on Wednesday... now, it appears that there is nothing stopping Athens from ditching the measure when the budget... established,” he added. Final budget Unlike the draft version, the final budget will include only one
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PBO highlights areas of uncertainty for 2020 budget
EconomyMacroeconomyThe Parliamentary Budget Office (PBO) has followed the footsteps of the Fiscal Council by issuing its opinion on the draft budget that the government tabled last week. The PBO has some reservations about some aspects of the draft budget that lie outside the control of authorities. It also raises
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Budget primary surplus confirmed at 6.95 bln in Nov
EconomyMacroeconomyThe budget primary balance showed a surplus of 6.95 billion euros in the first 11 months of 2019, compared to a surplus of 4.75 billion noted in November 2018, the final Finance Ministry (MoF) budget... 2020 budget that the primary balance at the end of this year will stand at 4.40 billion euros
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April budget primary balance shows deficit of 1.52 bln as state revenues miss target by 7.5 pct
EconomyMacroeconomyThe budget primary balance recorded a deficit of 1.52 billion euros in the first four months...) budget execution bulletin for April showed on Monday. The primary surplus was below its target by 2.30.... For the same month last year, the primary surplus stood at 20 million euros. The budget balance in the first
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Covid-19 takes toll on budget as primary deficit widens to 4.80 bln in May
EconomyMacroeconomyThe budget primary balance recorded a deficit of 4.80 billion euros in the first five months of 2020, compared to a surplus of 916 million in April 2019, the preliminary Finance Ministry (MoF) budget execution bulletin for May showed on Monday. May’s preliminary budget had been widely anticipated
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Budget primary shows deficit of 6.21 bln in April, falling below target as expenditure grows
EconomyMacroeconomyThe budget primary balance recorded a deficit of 6.21 billion euros in the first four month of 2021... Ministry (MoF) budget execution bulletin for April showed on Monday. The primary balance was below its target by 963 million euros. Expenditure excluding interest payments and the public investment budget
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Budget primary shows deficit of 9.09 bln in June, beating target
EconomyMacroeconomyThe budget primary balance recorded a deficit of 9.09 billion euros in the first half of 2021...) budget execution bulletin for June showed on Thursday. The primary balance was above the target... payments and the public investment budget came to 26.7 billion euros. Net revenues came to 22
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