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  1. Budget primary surplus at 6.46 bln in October on improved revenues and primary underspend
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The budget primary balance came to a surplus of 6.46 billion euros in the first 10 months of 2018, according to the preliminary budget execution bulletin for October published by the Finance Ministry... in the previous month. The balance a year ago was notably lower at 788 million euros. The budget balance

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  2. Budget primary surplus at 3.16 bln in December, missing target for full year by 443 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance came to a surplus of 3.16 billion euros in 2018, according to the preliminary budget execution bulletin for December published by the Finance Ministry (MoF) on Monday... been originally scheduled. The budget balance in 2018 fell into negative territory and landed

    29%

  3. EC warns budget not on track due to handouts, advises against further underspend
    Photo by MacroPolis

    EconomyProgramme

    of GDP. When factoring in two large payments that were not included in the 2018 budget, the refund... performance is the result of a significant budget under-execution. In a special box, it outlines the areas... interests for it to continue. Given that the budget under-execution is not included in the European

    29%

  4. Budget primary surplus reaches 1.78 bln in July, almost double target
    Finance Ministry

    EconomyMacroeconomy

    The budget primary surplus reached 1.78 billion euros in the first seven months of 2019, compared to a surplus of 926 million in the same period last year, preliminary budget execution data from... by 2.15 billion euros. The overall budget balance up to July recorded a deficit of 1.85 billion euros

    29%

  5. ND sees budget as evidence of pledges being kept, SYRIZA highlights flaws
    Photo by MacroPolis

    PoliticsGreek Politics

    Having submitted to Parliament on Monday the draft 2020 budget, including the tax cuts pledged... domestic political issues. New Democracy presented the draft budget as further evidence that the government... month. They were squeezed into the budget after the Finance Ministry suggested that equivalent fiscal

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  6. Despite ongoing budget talks, ND eyes more relief measures in coming months
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Even though negotiations between Athens and the institutions regarding next year’s budget...’s budget as New Democracy decided to focus on lowering income and corporate taxes. In a speech... the draft budget is submitted to the European Commission on October 15. The issue is expected

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  7. Budget primary balance at 498 mln in Jan as net revenues fall short of target
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance came to a primary surplus of 498 million euros in the first month of 2020, below target by 771 million euros, the Finance Ministry (MoF) preliminary budget execution... the release of the final budget execution bulletin due on February 25. Expenditure Expenditure came

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  8. Mitsotakis in bid to "square the circle" in EU budget negotiations

    PoliticsGreek Politics

    in a special summit of European leaders aimed at reaching agreement on the EU’s seven-year budget for period... as “squaring the circle” between what looks set to be a shrunken budget and Greece’s stated aim to keep its... dissatisfaction with the allocation of funds within the budget, and in particular the reduction in funding

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  9. Draft budget sees EU funds fuelling recovery of 7.5 pct in 2021, after 8.2 contraction this year
    Photo by MacroPolis

    EconomyMacroeconomy

    The Finance Ministry tabled in Parliament on Monday the draft budget for 2021 in which the Greek... due to the pandemic. The draft budget also sees a bridging of the gap on the fiscal front, which... the pandemic’s impact. Despite the high degree of uncertainty, if these draft budget assumptions

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  10. Revised 2021 budget sees bigger contraction, slower recovery and support of 31.4 bln euros
    Photo by MacroPolis

    EconomyMacroeconomy

    alarm, Finance Minister Christos Staikouras tabled to Parliament on Friday the final 2021 budget... and next. The recession of 2020 is now revised to 10.5 pct, from 8.2 pct in the draft budget, mostly... of public spending by 2.1 pct. Compared to the draft budget, private consumption was expected -6 pct

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