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  1. 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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  2. 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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  3. Surge in Covid-19 deaths as work on adjusted 2021 budget nears completion
    Photo by MacroPolis

    PoliticsGreek Politics

    posed by the second coronavirus wave, the Finance Ministry is busy re-writing the budget to account... that it is protecting public safety and has a chance to portray its opponents as reactionaries. Draft budget Away from the political coalface, the Finance Ministry is working on the budget for 2021, which is due

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  4. Budget passed as govt pins hopes on vaccine rollout to get economy on track
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    The 2021 budget was passed through Parliament on Tuesday night after five days of intense debate... with the votes of all its 158 MPs as all the opposition lawmakers voted against the budget, as expected. Prime Minister Kyriakos Mitsotakis described the budget as “clear and honest”. He highlighted

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  5. Jan budget deficit confirmed at 15 mln, revenues 610 mln short and spending underexecuted
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance for the first month of 2022 came to a small surplus of 15 million euros... Finance Ministry (MoF) budget execution data released on Friday. The primary balance is well ahead... budget, came to 3.11 billion euros. Net revenues came to 3.86 billion euros, below the target by 610

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  6. Govt readies additional inflation relief package, draws up new budget

    PoliticsGreek Politics

    Ministry rewrites this year’s budget, any extra room to manoeuvre would clearly be welcomed by Athens. Budget The new revised budget for 2022 is due to be made public in April, when the Finance... set out in the original budget and this is where Athens hopes that there will be some flexibility from

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  7. Feb budget primary surplus confirmed at 840 mln, as revenues overperform
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance for the first two months of 2022 was confirmed to be a surplus of 840... to the final Finance Ministry (MoF) budget execution data released on Monday. The primary balance... and the public investment budget, came to 6.67 billion euros. Net revenues reached 8.85 billion euros, below

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  8. Inflation triggers political machinations, move to increase budget spending
    Photo by MacroPolis

    PoliticsGreek Politics

    The government is set to submit a supplementary budget that will allow it to increase spending by as much as 2 billion euros compared to the initial budget for 2022, underlining the pressure that New... will be spent. Ta Nea reported that the additional budget will cover some of the spending announced recently

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  9. March budget primary balance short of target, but taxes continue to overperform
    Finance Ministry

    EconomyMacroeconomy

    The budget primary balance for the first three months of 2022 was confirmed at 1.65 billion euros... Finance Ministry (MoF) budget execution data released on Tuesday. The primary balance was below... budget, came to 11.7 billion euros. Net revenues reached 11.96 billion euros, below the target by 1.35

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  10. Inflation and economic bounce boost tax revenues as Jan-Apr budget primary balance beats target by 1.65 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance for the first four months of 2022 was confirmed at a deficit of 799... to the final Finance Ministry (MoF) budget execution data released on Wednesday. The primary balance... investment budget, came to 15.92 billion euros. Net revenues reached 17.69 billion euros, above the target

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