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  1. Primary cash surplus at 7.45 bln in April on revenue growth, lower expenditure
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Investment Budget (PIB) balance fell into a deficit of 121 million euros compared to a surplus... a year ago. The preliminary budget execution figures released by the Finance Ministry (MoF

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  2. The first cut is the deepest? Greek pension reforms in context

    EconomyFeatures

    ’ pensions directly out of the budget rather than through a pension fund. State pensions amounted... a grant, and the state pension as a separate budget item has been all but eliminated. Pension levels

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  3. Primary cash surplus at 6.4 bln in year to date, expenditure rises during May
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    arrears payments made in May, expenditure rose by 571 million euros. The Public Investment Budget... which came to 17 million euros. The preliminary budget execution figures released by the Finance

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  4. June primary cash surplus at 6.49 bln as revenue increase offsets higher expenditure
    Photo by MacroPolis

    EconomyMacroeconomy

    rose by 911 million euros. The Public Investment Budget (PIB) balance showed a deficit of 37 million... balance for last year which recorded a deficit of 75 million euros. The preliminary budget execution

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  5. Growth conditions improving but more work needed over longer term, PBO suggests
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The Parliament Budget Office's (PBO) second quarter (Q2) report, published recently, examined the current economic conditions in Greece but also how exports and imports have evolved during the crisis... crisis. Revenues and debts A breakdown of the government’s revenues showed that state budget net

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  6. Tsipras bids farewell to MoU, eyes new start for Greece and SYRIZA

    PoliticsGreek Politics

    Minister Yiannis Dragasakis suggested that next year’s budget might not include the 1 percent reduction... be examined as part of the discussion about Greece’s 2019 budget, which has to be tabled by October 16

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  7. Lenders appear at ease with Tsipras pledges, cautious on pension cuts

    EconomyProgramme

    The institutions have begun poring over Greece’s budget execution data as part of the first post-programme inspection, which will also include a close look at the pledges made by Prime Minister...-Claude Juncker’s spokesman Margaritis Schinas noting that Greece’s 2019 budget would be examined

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  8. Tsipras confident on pension cuts, reticent on snap elections
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    that this figure will be achieved, and the statistics show that it will, we will submit the 2019 budget... added. The state of play in Greek public finance, along with the 2019 budget, were due to be part

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  9. Lenders' visit concludes with no firm answer on pension cuts
    Finance Ministry

    EconomyProgramme

    will not be included in the 2019 budget, which Greek Parliament is due to approve in December. This provided... budget and before the revised version has to be tabled in Greek Parliament a month later. A number

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  10. Primary cash surplus up to 16.76 bln in Aug on improved revenues and cash buffer disbursement
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Budget (PIB) balance showed a deficit of 146 million euros in August, improving on the deficit... for the same time last year. The preliminary budget execution figures released by the Finance Ministry

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