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  1. Tax revenue overperformance leads budget primary surplus to 4.44 bln in 2016
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s budget primary surplus almost doubled to 4.44 billion euros in 2016 from 2.27 billion in 2015, the Finance Ministry (MoF) final budget execution bulletin showed on Tuesday. The preliminary... outperformance (by 1.88 billion) coupled with lower Public Investment Budget (PIB) deficit (by 264

    14%

  2. Budget primary surplus falls to 1.1 bln in Q1, slightly above target
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance recorded a surplus of 1.07 billion euros in the first quarter (Q1...) preliminary budget execution bulletin showed on Tuesday. The year to date outperformance was trimmed... lower than the target and the Public Investment Budget (PIB) surplus was 149 million better than

    14%

  3. Budget primary surplus hits 1.74 bln in 4-month, beating target on strong underspend
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The budget primary balance posted a surplus of 1.74 billion euros in the 4-month period of 2017... budget execution bulletin revealed on Monday. However, the year-to-date outperformance widened from just... by 152 million. In addition, the Public Investment Budget (PIB) surplus was 97 million lower than

    14%

  4. Draft budget sees stronger growth, fiscal targets being met
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    draft budget, which contains its fiscal estimates as well as the underlying macro assumptions. The MoF... effects into 2018. The draft budget estimates that GDP will grow by 1.8 percent, slightly improved.... Budget net revenues for 2017 have been downward adjusted to 49.8 billion, largely reflecting lower

    14%

  5. Parliament gears up for budget vote as auction concerns persist
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Parliament is preparing for a vote on the 2018 budget late on Tuesday, with opinion polls giving differing views of the political balance in Greece as the year comes to an end. The vote on the budget.... Nevertheless, it is a landmark moment for the government as it puts to bed the last budget of the MoU era

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  6. Budget primary surplus at 918 mln in May, expenditures rise as 13th pension payment takes effect

    EconomyMacroeconomy

    The budget primary balance recorded a surplus of 918 million euros in the first five months of 2019... budget execution bulletin showed on Tuesday. The primary surplus surpassed its target by 2.37 billion... deficit showed a decline of 42.4 percent. The budget balance in the first five months of the year

    14%

  7. Budget primary surplus confirmed at 916 mln in May on higher expenditure
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance recorded a surplus of 916 million euros in the first five months of 2019, compared to a surplus of 853 million noted in May 2018, the Finance Ministry’s (MoF) final budget... deficit showed a decline of 42.2 percent. The budget balance in the first five months of the year recorded

    14%

  8. Budget primary surplus at 382 mln in June
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance recorded a surplus of 382 million euros in the first six months of 2019... budget execution bulletin showed on Monday. The primary surplus surpassed its target by 1.96 billion... balance’s deficit showed a decline of 40.6 percent. The budget balance in the first six months

    14%

  9. Budget primary surplus confirmed at 381 mln in June
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The budget primary balance recorded a surplus of 381 million euros in the first six months of 2019, compared to a deficit of 46 million noted in June 2018, the Finance Ministry (MoF) budget execution... primary balance’s deficit showed a decline of 40.5 percent. The budget balance in the first six months

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  10. Budget primary surplus confirmed at 1.76 mln in July as revenues overtake expenditure
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance recorded a surplus of 1.76 million euros in the first seven months of 2019, compared to a surplus of 926 million noted in July 2018, the Finance Ministry (MoF) budget... primary balance’s surplus showed a rise of 42.2 percent. The budget balance in the first seven months

    14%