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General gov't primary cash surplus rises to 3.4 bln in Oct but arrears also growing
EconomyMacroeconomyby almost 200 million Local government arrears (348 million), the state budget (326 million... in the 10-month period, with the state budget figure at 2.03 billion, making up more than half of total. Last year the state budget recorded a primary deficit of 2.4 billion. The primary surplus of extrabudgetary
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Reported widening of revenue shortfall in Feb as liquidity worries persist
EconomyAhead of the publication of February’s budget execution figures next week, Finance Ministry sources... Economic adjustment program methodology. On a cash basis though, it impacts the 2015 budget. The preliminary budget execution bulletin is published on the 10th (or shortly after that) of each month
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Updated Greek reform proposals see 2015 primary surplus reaching programme target 3 pct
EconomyProgrammeby the previous government. In contrast to the 2015 budget, which forecasted a slight inflation of 0.3... of the anticipated general government entities’ fiscal performance shows that the state budget... are forecasted at 19 billion euros, 2.7 billion lower than those incorporated in the 2015 budget. The document
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Newsletter 74 - 20/05/2016
vote scheduled for Sunday afternoon. The budget execution for the four-month period showed a primary... also beat the target by 381 million. In contrast, the Public Investment Budget (PIB) balance... in the weeks ahead. Q1 surplus above target Greece’s budget primary surplus reached 2.38 billion
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Newsletter 83 - 22/07/2016
of getting a supermajority (at least 200 votes) had disappeared some time before the vote, especially... of the methods used. The budget execution for the first half of the year showed primary surplus notably... of 1.06 billion. Budget revenues soared 33.9 percent in June, leading the six-month figure up 7
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General govt primary cash surplus at 7.15 bln in Nov, arrears reduced further
EconomyMacroeconomyat 780 million. The primary surplus of the state budget rose by around 649 million to stand at 2.46... all categories. The largest month-on-month decreases were observed in SSFs (-200 million..., extrabudgetary funds by 16 million and state budget arrears by 15 million. Since the start of the year
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General govt primary cash surplus at 5.93 bln in Dec, arrears fall by 584 mln
EconomyMacroeconomy). The primary surplus of the state budget rose by around 309 million to stand at 4.51 billion euros...), and the purchases of goods and services (-200 million). Compensation increased by 492 million while interest paid...-on-month decreases came from SSFs (-240 million), hospitals (-160 million) and state budget arrears (-78
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Newsletter 163 -25/05/2018
language. 2 Budget primary surplus at 2.29 bln in April Improved tax collections and lower PIB spending... million euros. The budget primary balance was confirmed at a surplus of 2.29 billion euros in the first... Ministry (MoF) final budget execution bulletin for April showed. The primary surplus strongly beat
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Govt looks for ways to manage promised tax cuts as Mitsotakis continues European charm offensive
PoliticsGreek Politicsin the 2020 budget. Funding the reductions to corporate tax from 28 to 24 percent and dividend tax from 10... has so far yielded just over 200 million euros, and the government is hoping to triple that amount... potentially create another 1.2 billion euros of breathing space in the budget annually. Ultimately
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Vital economic legislation lined up as ND seeks compromise over diaspora vote
PoliticsGreek Politicstax and pension reforms as well as the adoption of the 2020 budget. Parliament’s full assembly... by removing some bureaucratic hurdles, while House committees are to start analysing the draft budget... prepare to share out the additional surplus from this year’s budget, which has been estimated at 380
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