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IMF sees Greek debt above 200 pct of GDP in 2016, at 182 pct in 2020
Economywith the Greek government’s debt forecasts, included in the 2016 draft budget tabled on Monday, is more
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Housing tops government plans for policy reset in autumn
PoliticsGreek Politics“My Home” scheme could have a budget of around 2 billion euros. Other ideas that have been floated... “Renovate-Rent” programme from September with the aim of assisting property owners with the upgrades
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Finance Ministry seeks solutions to address growing housing problem
Economyto housing, with a total budget of €6.5 billion. This allows interested parties to easily gather all... programmes, such as “My Home 1”, “My Home 2”, “Renovate - Rent”, the return of one month's rent every
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Gov't adopts patchwork of measures to overcome liquidity problems
EconomyProgramme: 310 million on March 6, 348 million on March 13 and 581 million on March 16. The last tranche... remaining 310 million relate to 90 percent of HFSF current cash reserves that until the end of 2015... to the preliminary budget execution for February, primary expenditure was 538 million better than the target
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Newsletter 162 -18/05/2018
, overall expenditure from January to April declined by 1.13 billion euros and came to 15.38 billion. Budget primary surplus at 2.33 bln in April Strong public investment budget underspend key driver behind the figure The budget primary balance came to a surplus of 2.33 billion euros in the first four
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Budget primary surplus confirmed at 2.29 bln in April on improved tax collections, lower PIB spending
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 2.29 billion euros in the first four... (MoF) final budget execution bulletin for April showed on Thursday. The primary surplus strongly... the target by just under 200 million euros. Net revenues came to 14.38 billion euros, above target
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IMF sees 2020 GDP contraction at 10 pct, budget deficit at 9 pct due to virus impact
EconomyMacroeconomy. The crisis is set to deal a major blow to the budget, leading a deficit of -9 pct of GDP this year... admitted that only up to May the hit to the budget would reach 14 billion euros. This is before... not seen since the depth of the crisis, closer to 200 pct of GDP. The authorities might have to rely
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FinMin tables recovery budget, foreseeing across-the-board improvement in key numbers
EconomyMacroeconomyThe Finance Ministry submitted to Parliament on Monday the draft budget for 2022 in which Greece... the pre-pandemic levels of 2019 and the budget paves the way for a narrowing of the excessive deficits... the all-time high of 205.6 pct of GDP seen last year, dropping to under 200 pct this year and sliding
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S&P moves Greece closer to investment grade, puts focus on budget and growth
Economyof significant deficits and pushed up the debt-to-GDP ratio to above 200 pct, S&P now sees the Greek... that the monitoring after the enhanced surveillance period ends in August will focus on budget... consideration if reforms continue, and the budget and growth performance is better than expected. On the other
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Cost of living remains public's top worry, as government slashes green transition budget
PoliticsGreek Politicsthe opposition. The government, meanwhile, has signalled plans to halve the budget for its green transition... transition up to 2030 halved from 200 bln euros in the last version to 100 bln euros. According..., noting that it views some green technologies as too expensive for the budget to sustain. The new draft
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