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Tsipras identifies debt relief, bank recap and attracting investments as key goals
PoliticsGreek Politicspercent next year, according to the draft 2016 budget. Tsipras said that his government would go... cuts in the 2016 draft budget. After all, they have already made it clear that they will not vote
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General government primary cash surplus narrows to 2.48 bln, arrears almost stable in Sept
EconomyMacroeconomystate budget posted a widening of its primary cash surplus by 26 percent to 2.19 billion from 1.74... arrears. Despite a drop by 97 million in September, state budget arrears have advanced by 474 million
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Newsletter 53 - 27/11/2015
. October sees budget surplus Greece had a primary budget surplus of 1.46 billion euros in October from
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Newsletter 54 - 04/12/2015
. The budget execution so far this year showed revenue fell by 4.1 percent, to 38.72 billion euros... amounted to 82.29 billion by the end of October. The 2016 budget, which was tabled in Parliament
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General gov't primary cash surplus widens notably to 4.84 bln by October
EconomyMacroeconomy. The state budget primary surplus more than doubled to 4.45 billion euros in the 10-month period, from 2... budget arrears stand at 590 million euros, showing a significant rise of 433 million year to date
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General government primary cash surplus widens notably to 5.14 bln at end of Nov
EconomyMacroeconomyin the state budget primary surplus, which almost doubled to 3.6 billion this year. Local governments recorded... stock. The outstanding balance stood at 715 million euros at the end of November, with state budget
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Wide range of exacting issues lie ahead for Greece in first bailout review
EconomyProgramme. The 2016 budget voted on December 5 envisages a primary surplus of 0.53 percent of GDP for 2016... billion euros for 2016, with more than half stemming from revenue interventions. Although budget tax
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EC sees resilience in Greek economy, urges additional measures in 2016 and 2017
EconomyIn its winter economic forecasts published on Thursday, the European Commission (EC) aligned its GDP estimates with those incorporated in Greece’s 2016 budget calling for GDP growth in 2015.... In addition, the EC stresses that although the 2016 budget envisages additional savings of 1.1 percent
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Primary cash surplus of 386 mln in Jan from deficit last year
EconomyMacroeconomyis fully attributed to the soaring Public Investment Budget (PIB) surplus of 429 million this year from... stood at 116 million up 52.6 percent over last year’s figure of 76 million. The budget execution
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A closer look at 2015 revenues reveals size of hit they took
EconomyMacroeconomyreport on a monthly basis. The bulk of the reported figures were already known from the final budget.... In the 2016 budget, the Finance Ministry incorporated revenues from VAT reshuffling of 427 million euros
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