Search
-
Budget primary balance to Nov beats target by 1.15 bln as taxes outperform
EconomyMacroeconomyThe budget primary balance for the eleven months of 2022 came to a deficit of 1.09 billion euros... Finance Ministry (MoF) budget execution data released on Tuesday. As is the standard practice, once the final budget for the next year is submitted, the targets for the running year are revised
14% -
Who’s afraid of Angela Merkel?
Agoraon a socially just budget consolidation and a growth perspective for the Greek economy. Both parties... the junior partner of the adored chancellor, or the SPD opts for opposition, provoking possible new
13% -
Surge in Covid-19 deaths as work on adjusted 2021 budget nears completion
PoliticsGreek PoliticsMore than 100 Greeks who contracted Covid-19 died over Saturday and Sunday, making it the worst... posed by the second coronavirus wave, the Finance Ministry is busy re-writing the budget to account... treated in special ICU units. Around 100 of these ICU beds remained available. In a further bid
13% -
Greek primary budget surplus at 707 mln as revenues beat target in May
EconomyGreece’s budget execution showed a primary surplus of 707 million euros in the 5-month period from... released by the Ministry of Finance (MoF) on Tuesday. The state budget deficit to May narrowed... published on June 12. Then, the MoF had revised its full year budget forecasts according
13% -
Troika and Greece in stalemate over budget targets, prior actions as time ticks away
EconomyProgrammeThe Finance Ministry (MoF) is expected to table in parliament the 2015 budget on Friday amid a stalemate in discussions with the troika. As things stand, the budget will be submitted without... that the recently voted law on settling unpaid taxes in up to 100 installments would create
13% -
Budget primary surplus jumps to 1.19 bln in Jan, largely on rising PIB revenues
EconomyMacroeconomyConfirming preliminary data, Greece’s budget primary surplus improved to 1.19 billion in January from 443 million last year, the Finance Ministry (MoF) final budget bulletin showed on Friday. The notable rise largely reflects a sharp increase in the Public Investment Budget (PIB) surplus to 431
13% -
2014 draft budget: An ambitious fiscal consolidation targeting a primary surplus of 1.6 pct
EconomyMacroeconomyThe Ministry of Finance (MoF) tabled the 2014 draft budget to the Greek parliament on Monday... of ambitious budget consolidation with a further cut in primary expenditure by 2.77 billion year... instalment of legal entities tax (100 million). The MoF also incorporated an unspecified amount
12% -
Greek budget primary surplus up to 3.53 bln at end of November despite revenue shortfall
EconomyMacroeconomyGreece’s budget execution showed the primary surplus widening by 879 million euros to 3.53 billion...) preliminary budget bulletin. As a result, the year to date figure exceeded its target by 658 million... for a primary deficit of 664 million. Similarly, the 11-month budget deficit stood at 1.86 billion euros
12% -
Lower spending, extra revenues result in budget execution beating targets in March
EconomyMacroeconomyGreece’s budget execution showed the 3-month primary surplus rose to 1.74 billion euros, up 12.6... billion, according to the Finance Ministry (MoF) preliminary budget bulletin published on Thursday... (by 1.18 billion) and higher Public Investment Budget (PIB) surplus (by 856 million) more than offsetting
12% -
Budget primary surplus to Oct hits 6.5 bln as revenues deliver again
EconomyMacroeconomyGreece’s budget primary surplus surged 43.4 percent to 6.5 billion euros in the 10-month period of 2016 from 4.53 billion a year ago, the Finance Ministry (MoF) preliminary budget execution bulletin... to the budget over-performance in 2016. Detailed figures on the performance of the key revenue items
12%