Search
-
Budget overperformance in Aug fuelled by VAT and income tax, spending significantly contained
EconomyMacroeconomyThe budget primary balance in August was confirmed at a surplus of 5.6 billion euros, compared...) budget execution data released on Monday. In the first eight months of the year, the budget... budget, came to 32.12 billion euros. Net revenues came to 43.12 billion euros. The budget balance up
15% -
Newsletter 262 -04/09/2020
officials also committed publicly over the last few days to increasing Greece’s defence budget... is returning to its bad old ways. The Finance Ministry is reportedly working towards a primary surplus budget.... According to the newspaper’s sources, it will submit a draft budget with a zero-primary balance, from
15% -
Newsletter 176 -28/09/2018
Draft budget expected with interest All eyes on fate of pension cuts as pressure mounts on ANEL... be cleared up by then so it could submit the final 2019 budget to Greek Parliament by the end of November... of the European Commission reviewing the draft budget, which the Greek government is due to table
15% -
Budget primary surplus of 2.38 bln by April, continues to beat target due to restricted spending
EconomyMacroeconomyGreece’s budget primary surplus reached 2.38 billion euros in the 4-month period of 2016 from 2.1... budget execution bulletin published on Thursday. The headline figure represents an outperformance... million), more than offsetting an underperformance of the Public Investment Budget (PIB
15% -
Five-month budget primary surplus of 2.27 bln, revenues outperform in May
EconomyMacroeconomyGreece’s budget primary surplus stood at 2.27 billion euros in the 5-month period of 2016 up... budget execution bulletin showed on Thursday. The headline figure means there was an over-performance.... In contrast, Public Investment Budget (PIB) balance fell slightly short of target by 74 million
15% -
Aided by underspend, budget primary surplus reaches 1.84 bln in 5-month, 792 mln above target
EconomyMacroeconomyThe budget primary balance recorded a surplus of 1.84 billion euros in the 5-month period of 2017... budget execution bulletin showed on Wednesday. As we noted a month ago, the MoF updated in the May bulletin its previous annual budget estimates for 2017, included in the 2017 budget, with those
15% -
Budget primary balance confirmed at deficit of 6.10 bln in June
EconomyMacroeconomyThe budget primary balance recorded a deficit of 6.10 billion euros in the first six months of 2020, compared to a surplus of 381 million noted in June 2019, the final Finance Ministry (MoF) budget... month last year, the primary deficit came to 535 million euros. The budget balance in the first six
15% -
Budget primary deficit of 7.46 bln confirmed for July as revenues sag
EconomyMacroeconomyThe budget primary balance recorded a deficit of 7.46 billion euros in the first seven months...) budget execution bulletin for July showed on Thursday. The primary surplus was below its target by 8.63.... For the same month last year, the primary deficit came to 1.38 billion euros. The budget balance
15% -
Budget primary shows deficit of 7.01 bln in September
EconomyMacroeconomyThe budget primary balance recorded a deficit of 7.01 billion euros in the first nine months...) budget execution bulletin for September confirmed on Monday. The primary surplus was below its target.... The budget balance in the first nine months of the year recorded a deficit of 11.27 billion euros compared
15% -
Budget primary deficit at 1.47 bln euros in Jan, revenue shortfall hits 812 mln
EconomyMacroeconomyThe budget primary balance recorded a deficit of 1.47 billion euros in the first month of 2021...) budget execution bulletin for January showed on Monday. The primary balance was below its target by 441 million euros. Expenditure excluding interest payments and the public investment budget came to 4.24
15%