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  1. Budget primary deficit reaches 9.09 bln for H1, up almost 3 bln on 2020
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance was confirmed at a deficit of 9.09 billion euros in the first half... Finance Ministry (MoF) budget execution bulletin for June released on Monday. The primary balance beat... excluding interest payments and the public investment budget came to 26.7 billion euros. Net revenues

    15%

  2. Budget deficit of 6.38 bln in Aug confirmed; target beaten due to one offs
    Finance Ministry

    EconomyMacroeconomy

    The budget primary balance was confirmed at a deficit of 6.38 billion euros in the first eight... Ministry (MoF) budget execution data showed on Monday. The primary balance exceeded the target set... payments and the public investment budget came to 35.19 billion euros. Net revenues came to 34.68

    15%

  3. Tax revenue overperformance in Sep confirmed, primary budget deficit at 5.96 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance was confirmed at a deficit of 5.96 billion euros in the first nine... Ministry (MoF) budget execution data showed on Monday. The primary balance exceeded the target set... payments and the public investment budget, came to 38.8 billion euros. Net revenues came to 39.45 billion

    15%

  4. Nov budget data confirms tax revenue outperformance at 784 mln

    EconomyMacroeconomy

    The budget primary balance recorded a deficit of 7.88 billion euros up to November 2021, compared with a deficit of 13.75 billion in the same period last year, the final Finance Ministry (MoF) budget... budget by 1.1 billion euros. Expenditure, excluding interest payments and the public investment

    15%

  5. Final budget data for 2021 affirms revenue overperformance, primary balance below 6 pct of GDP
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance for the full year landed at a deficit of 10.33 billion euros in 2021, compared to a deficit of 18.2 billion in 2020, according to the final Finance Ministry (MoF) budget... that the balance is now well ahead of the target set in the final budget for 2022, beating it by 2.62 billion euros

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  6. Budget exudes fiscal stability, but hints at political complications

    EconomyMacroeconomy

    Last week’s five-day debate on the 2025 budget concluded on Sunday without any complications... be considered the first budget of stability since Mitsotakis assumed office, as the first full year.... The 2025 budget sees the primary balance at 2.5 pct of GDP this year and will remain at that level

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  7. Greece holds back spending, rakes in one-off revenues for 2.1 bln primary surplus at end of April

    Economy

    Greece’s budget execution showed the 4-month primary surplus more than doubled year on year (YoY... budget bulletin published on Monday. The reading is 60 million euros lower than the preliminary figure... primary expenditure (1.46 billion better than target) b) Higher Public Investment Budget (PIB) balance

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  8. Newsletter 293 - 16/04/2021

    Newsletters

    from Russia, from 500 to 4,000 weekly. Budget primary deficit at 3.42 bln in March On a monthly basis, net revenue came in 949 million euros below its target The budget primary balance recorded... in the same period of 2020, the preliminary Finance Ministry (MoF) budget execution bulletin

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  9. Budget primary surplus of 2.5 bln in first half of 2016, revenues rebound in June

    EconomyMacroeconomy

    Greece’s budget primary surplus widened to 2.48 billion euros in the first half of 2016, up by 31.5... (MoF) preliminary budget execution bulletin displayed on Tuesday. Compared to target, the headline... of 1.06 billion. In addition, the Public Investment Budget (PIB) balance also came in 241 million above

    14%

  10. PBO report highlights short-term recessionary impact and tax-centric austerity of 2017 draft budget

    EconomyMacroeconomy

    The Parliamentary Budget Office (PBO) published an interim report on Wednesday evening commenting on the 2017 draft budget tabled by the Finance Ministry on October 4. The report highlights that 2017 budget is expected to have a short-term recessionary impact on the economy, since expenditure cuts

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