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October budget revenues beat target by 24% but gg arrears reach 2.47 bln in 2013
EconomyMacroeconomybudget execution. Furthermore, state arrears to the private sector slightly rose by 0.8 percent.... As expected, the state budget is the key element in the reported gg balance evolution. There is an important difference compared to the released budget execution for the same period, which relates
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Primary budget surplus in Nov at 1.2bln euros, 2013 target in reach
EconomyGreece’s budget execution to November showed a primary surplus of 1.21 billion euros from a deficit... (MoF) on Thursday. The state budget deficit narrowed 63.3 percent to 4.72 billion from 12.85 billion.... After Parliament approved the 2014 budget on December 7, the MoF revised 2013 and 11-month targets
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Primary surplus at 2.1 bln in Feb, ahead of budget execution target
EconomyMacroeconomyGreece’s budget execution showed a primary surplus of 2.1 billion euros to February, more than five... to the preliminary data released by the Ministry of Finance (MoF) on Tuesday. The state budget balance... to the exceptionally strong Public Investment budget (PIB) revenues of 1.56 billion in February. Revenues
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Primary budget surplus passes 1-bln mark for 2014 but revenue shortfall widening
EconomyGreece’s budget execution showed a primary surplus of 1.05 billion euros in the first four months... to the preliminary data released by the Ministry of Finance (MoF) on Tuesday. The state budget deficit... levels, the budget balance in the four-month period continues to beat targets by around 300 million euros
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Budget execution shows primary surplus of 711 mln, 503 mln ahead of target
EconomyMacroeconomyGreece’s budget execution showed a primary surplus of 711 million euros in the 5-month period from... data released by the Ministry of Finance (MoF) on Thursday. The state budget deficit to May... euros (from 4.6 billion before) and budget deficit of 607 million (from 1.55 billion). The upward
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Greek primary budget surplus reaches 712 mln in first half of 2014
EconomyGreece’s budget execution showed a primary surplus of 712 million euros in the first half... to the preliminary data released by the Ministry of Finance (MoF). The 6-month state budget deficit.... Similarly, the 6-month budget deficit outpaced target by 1.44 billion. The over-performance
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Target revisions leave 880 mln budget shortfall in Oct despite 2.6 bln primary surplus
EconomyGreece’s budget execution showed a primary surplus of 2.65 billion euros in the 10-month period... budget tabled in parliament last week compared to the Medium-Term Fiscal Strategy (MTFS) previously... on the new targets, the MoF expects a budget primary surplus of 4.94 billion in 2014 (from 5.29 billion
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Marked rise in expenditure leads to a budget primary deficit in Nov
EconomyGreece’s budget primary balance turned to a deficit of 184 million euros in November following... Ministry (MoF) preliminary budget figures showed on Tuesday. The month on month (MoM) deterioration... (by 1.83 billion) and higher Public Investment Budget (PIB) balance (by 779 million), against a revenue
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Budget primary surplus surges to 3.04 billion, extending outperformance
EconomyMacroeconomyGreece’s budget primary surplus soared to 3.04 billion in the 2-month period of 2016 from 1.24 billion last year, the Finance Ministry (MoF) preliminary budget bulletin showed on Friday. The notable year on year (YoY) improvement largely reflects surging Public Investment Budget (PIB) revenues up
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Budget primary surplus of 2.68 bln in first quarter, but March trims outperformance
EconomyMacroeconomyGreece’s budget primary surplus climbed to 2.68 billion in the first quarter of 2016 from 1.73 billion last year, the Finance Ministry (MoF) preliminary budget bulletin showed on Friday. However.... In the previous two months of this year, the budget execution had displayed a primary surplus of 1.19
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