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Surveillance and Qatargate threaten to overshadow budget debate
PoliticsGreek PoliticsThe scheduled debate over next year’s budget kicks off today with political parties distracted... Staikouras presented the draft budget three weeks ago, the last of New Democracy’s current term, he described it as a historical and deeply symbolic moment, being the first budget in 12 years
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Final budget sees 2.9 pct growth in 2024, primary surplus at 2.1 pct of GDP
EconomyMacroeconomyThe Finance Ministry submitted to Parliament the final budget for 2024, which sees growth picking... billion euros expected this year. The budget is expected to perform strongly in 2024, with the primary... and spending The budget sees revenues growing to 68.38 billion euros, from 65.2 billion euros expected
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Budget marks return of trust, argues Mitsotakis
PoliticsGreek PoliticsThe 2024 budget was passed through Parliament yesterday with the votes of the 158 New Democracy MPs... the country as well as abroad. The budget foresees growth of 2.9 pct next year, supported by a 15.1 pct... that this was the first budget in 14 years to be submitted while Greek debt had an investment grade
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Draft budget maps out narrow fiscal path for coming years
EconomyMacroeconomyand white in the draft budget for 2025, which was tabled to Parliament on Monday in the wake of the medium... budget for next year reflects the framework of fiscal discipline that started after the turbulent events... and the impact of the energy crisis. The draft budget has just 1.11 billion euros of interventions
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Final 2026 budget foresees stable growth and strong tax performance
EconomyMacroeconomyThe Finance Ministry tabled in Parliament on Thursday the final budget for 2026, which sees growth..., from 5.7 percent rise this year. It should be noted that in last year’s budget submission for 2025... government will land at 138.2 percent of GDP, from 145.9 percent this year. The final budget affirms
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After landmark return in April, Greece prepares to tap bond markets again
Economy, but these are important steps in that direction.” The latest budget execution data showed that the budget... in the 6-month notes has nosedived by 200 bps so far in 2014 to 2.15 percent. Similarly, the yield
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General gov't primary cash surplus for Jan-May reaches 1.22 bln as arrears drop
EconomyMacroeconomybudget and social security funds’ deficits of around 800 and 200 million respectively in May... at 202 million. In addition, the state budget recorded a primary surplus of 175 million euros
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Newsletter 19 - 13/03/2015
by 1.8 points from 27.8 percent in Q4 2013. Primary surplus close to target Greece’s budget primary... million euros, a Public Investment Budget balance surplus of 206 million and an 11.1 percent increase... the National Resistance Memorial at Kaisariani firing range, where he laid flowers in memory of 200 Greeks
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Newsletter 32 - 26/06/2015
propose a reduction in military spending by 400 million, while the government insists on a 200... primary surplus Greece recorded a primary budget surplus of 1.51 million euros at the end of May... expenditure being 1.67 billion euros below the target and a higher public investment budget (PIB
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Greece seeks to finalise 1 pct of GDP in new tax measures to close review
EconomyMacroeconomyon OPAP games with targeted revenues of 190 million per annum that was incorporated in the 2016 budget... is considering higher tax for those with large properties targeting incremental revenues of 200 million... incorporated in the 2016 budget. In addition, the government is considering reducing the public
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