Search
-
Budget rolls on with solid primary surplus of 12 bln in Nov
EconomyMacroeconomyThe budget primary balance recorded a surplus of 12.01 billion euros up to November, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday. During.... Expenditure, excluding interest payments and the public investment budget, came to 46.87 billion euros
5% -
Mitsotakis lets budget measures sink in as he mulls presidential pick
PoliticsGreek PoliticsThe measures announced in the budget appear to have hit the mark with New Democracy lawmakers, who.... The first assessments of the measures announced in the budget last week suggest that they have... to be relaxed and jovial, with MPs quoted as expressing satisfaction with the budget measures, describing
5% -
Budget reaches 8.63 bln primary surplus in 2024 thanks to tax outperformance and underspend
EconomyMacroeconomyThe budget primary balance closed the year with a surplus of 8.63 billion euros up to December, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Friday... payments and the public investment budget, came to 55.46 billion euros. Net revenues were 74.04 billion
5% -
Budget starts 2025 strongly, registers 2-bln-euro surplus
EconomyMacroeconomyThe budget primary balance opened the new year with a surplus of 2 billion euros in January, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday... interest payments and the public investment budget, came to 3.53 billion euros. Net revenues were 6.01
5% -
Draft budget for 2026 sees growth accelerating to 2.4 pct, tax collections remaining strong
EconomyMacroeconomyThe Greek Finance Ministry tabled in Parliament on Monday the draft budget for 2026, which sees a stable growth trajectory and a strong budget performance led by tax revenues, notably indirect taxes. The draft budget slightly revises the growth estimate for this year to 2.2 pct, from 2.3 pct
5% -
Budget balance up to May well above target as VAT brings in 650 mln more than planned
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 3.65 billion euros for May, compared to a surplus of 5.34 billion euros a year earlier, according to the final Finance Ministry (MoF) budget... the target. Expenditure, excluding interest payments and the public investment budget, came to 24 billion
5% -
Troika review begins with fiscal targets and tax breaks in focus
EconomyMacroeconomydraft budget is due to be submitted to Parliament. The focus is on what fiscal targets... for another year. Furthermore, the MoF will reportedly highlight the budget outperformance so far this year... tax rate by 2 percentage points that will be incorporated in the final 2015 budget, which
5% -
What would a clean bailout exit for Greece mean in numbers?
Agoraloans is now 32 years and the budget is only burdened by small fees on the disbursements, which... to have a sizeable impact on the budget. Bilateral loans The loans of the first program, aka Greek... and had another 100 basis points shaved off the interest rate, which was reduced to 50 basis points
5% -
Primary surplus narrows to 2.4 bln in October as revenues miss target
EconomyGreece’s budget execution showed the primary surplus narrowing to 2.41 billion euros.... The 10-month budget deficit reached 2.7 billion euros (from 2.29 billion in the 9-month period), which... shortfall as well as lower Public Investment Budget (PIB) balance (by 708 million). The comparison
5% -
General government primary cash surplus expands to 3.9 bln by August, arrears drop further to 6.3 bln
EconomyMacroeconomygovernment’s surplus grew by 303 million to 372 million. On the flipside, the state budget recorded... budget is now the second key contributor to the overall gg primary balance after extrabudgetary... this 2-month period. It should be pointed out that the MoF has noted in the last budget execution
5%