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Budget comfortably beats target up to Aug thanks to 2 bln excess taxes, 3.6 bln underspend
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 7.57 billion euros in August, compared... Ministry (MoF) budget execution data released on Wednesday. Up to August, the budget primary balance... budget, came to 32.49 billion euros. Net revenues came to 45.13 billion euros. The total budget
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VAT and income tax boost revenues, budget underspend at 4.25 bln in Sep
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 8.74 billion euros in September, compared... Ministry (MoF) budget execution data released on Friday. Up to September, the budget primary balance... investment budget, came to 36.03 billion euros. Net revenues came to 50.9 billion euros. The total budget
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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
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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
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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
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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
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MPs gear up for action as To Potami calls it a day and PASOK wobbles
PoliticsGreek Politicsprimary surplus that this year’s budget execution is expected to produce, will be shared out... additions and alterations to the draft law, which comes hot on the heels of the 2020 budget... Tsakalotos, claimed that the budget is not voter- or growth-friendly. He accused ND of a class-based
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Newsletter 271 -30/10/2020
debt problem in Greece, introduces the “second chance” principle for debtors and gives them a way... and cultural life, which constitute fundamental social rights,” the paper said. 2 Budget primary deficit at 7.01 bln September figure confirmed as missing target by 9.58 billion euros The budget primary
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Newsletter 332 - 18/03/2022
taking substantial measures to address the problem. In a social media post, leader Alexis Tsipras said... Budget Office (PBO) analysed the impact of the inflation pressures and the conflict in Ukraine... it vulnerable to market turbulence. The war in Ukraine is expected to put pressure on the budget, both
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Parliament's budget office sees Greek recovery finely poised
EconomyMacroeconomyIn its latest quarterly report published on Monday, the Parliamentary Budget Office (PBO) argues that the Greek economy could grow by more than expected this year but that a series of concerns... also faced serious economic problems, have increased. The privatization processes underway
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