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Final budget execution data for Sep highlights overperformance in most tax categories
EconomyMacroeconomyThe budget primary balance for the nine months of 2022 came to a small surplus of 52 million euros... to the final Finance Ministry (MoF) budget execution data released on Tuesday. The primary balance beat the target by 5.94 billion euros. Expenditure, excluding interest payments and the public investment budget
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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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PM tries to rally party as draft budget lands, while Tsipras and Androulakis renew attacks
PoliticsGreek Politicsthe draft 2027 budget in Parliament, using the party’s 52nd anniversary celebration to try to project... rebranding. The mobilisation effort coincided with the tabling of the draft 2027 budget, which includes... strategy. The primary surplus is forecast at 3.6% this year and 3.3% next year. But the budget
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Crumbling Greek pension system threatens big fiscal gap, budget derailment
Economyto the 2016 draft budget tabled on October 5, the Finance Ministry expects SSFs to record a cash primary... contributions, increased main pension expenditure by 167 million compared to last year’s budget... included in the 2016 budget relates to the implementation of the Council of State decision that ruled
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Addressing some misconceptions about Greek budget revenues and unpaid taxes
AgoraThe evolution of budget revenues and unpaid taxes are among the main topics of discussion in the context of Greece's fiscal consolidation but are also often open to misinterpretation. In 2015, a year... that budget revenues would miss their targets. Indeed, the latest budget execution bulletin showed
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Budget primary surplus to Sept surges to 5.44 bln on solid tax revenues
EconomyMacroeconomyGreece’s budget primary surplus surged by more than 77 percent to 5.44 billion euros in the 9-month period of 2016 from 2.27 billion a year ago, according to the Finance Ministry (MoF) final budget...) and higher revenues (by 1.54 billion), while the Public Investment Budget (PIB) balance fell short
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