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Newsletter 224 -25/10/2019
ND moves ahead with agenda Development bill through, draft budget in focus as deal in sight over... is more likely next year. Parliamentary committees also began analysing this week the draft budget... can prepare to share out the additional surplus from this year’s budget, which has been estimated
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Newsletter 294 - 23/04/2021
. Reducing the tax advance and tax rates will cost the budget 900 million this year and will drop to 200 million annually from next year. The fiscal cost of lower social insurance contributions... data.” Public debt rises to 205.6 pct of GDP in 2020 Budget deficit of 9.7 pct of GDP is third
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Newsletter 318 - 26/11/2021
deficits and debt-to-GDP ratio above 200 pct of GDP. The Commission’s latest baseline scenario sees.... In the final 2022 budget that was submitted last Friday and which is currently debated in Parliament... Ministry is taking some comfort from the budget execution data with the primary deficit settling
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Newsletter 351 - 16/09/2022
will most probably be needed to elect a government.EconomyDespite major impact from energy, budget... of the benefit. In any case there is an understanding that energy will impact the budget greatly, hence the submission of a supplementary budget of 2.9 billion euros this week to include the added
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Govt looks to tax bonanza for autumn handouts announcement
PoliticsGreek PoliticsThe government appears confident that it has enough ammunition in the budget to announce another... on the horizon, the Finance Ministry has been scrutinising the budget execution data for funds... facing tough budget targets. Increased VAT intakes are expected to be the main source of the new
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Newsletter 449 - 31/01/2025
and dropping the trade tax also for companies. The budget ended 2024 with another outperformance which... tax relief. The primary surplus came to 3 pct of GDP, from 2.5 pct initially expected and the budget... challenges and its fiscal impact that has favoured the budget in the first year of implementation could
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Greek budget outperformed targets by 3.9bn euros to August, preliminary figures show
EconomyBudget execution to August showed revenues outperforming monthly targets by 490 million euros... significantly boosted by cumulative Public Investment Budget (PIB) revenues of 2.2 billion. Moreover, a Jan-Aug primary surplus of 1.42 billion and a budget deficit of 3.94 billion continued to outperform
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Greek primary budget surplus rises to 2.53 bln at end of September
EconomyGreece’s budget execution showed the primary surplus widening to 2.53 billion euros in the 9-month... compared to August. The 9-month budget deficit stood at 2.29 billion euros, also displaying a better... reflects lower MoM interest payments in September. Both 9-month primary and budget balances continue
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Primary budget surplus 923 mln short of target in Jan as revenues fall by 18.4 pct
EconomyGreece’s final budget execution data confirmed preliminary figures released on February 12.... Similarly, the budget balance posted a surplus of 367 million, down 40.7 percent from last year’s... a slightly lower rise by 5 percent to 941 million. Note that the 2015 budget envisaged primary
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Budget primary surplus falls to 1.24 bln at end of Feb as revenues miss target
EconomyMacroeconomyGreece’s budget primary surplus for the first two months of the year reached 1.24 billion euros, down 40 percent, according to the Finance Ministry (MoF) final budget bulletin. Tuesday’s figures... (by 731 million), higher Public Investment Budget (PIB) balance (by 318 million) and higher tax refunds
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