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Budget primary surplus of 2.43 bln in April thanks to 1.64 bln tax outperformance
EconomyMacroeconomyThe budget primary balance came to a surplus of 2.34 billion euros in April, compared to a deficit...) budget execution data released on Monday. In the first four months of the year, the budget outperformed by 3.3 billion euros. Expenditure, excluding interest payments and the public investment budget
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Underspend and improved tax collection help budget beat target by 881 mln in July
EconomyMacroeconomyThe budget primary balance came to a surplus of 3.56 billion euros in July, compared to a deficit...) budget execution data released on Wednesday. In the first seven months of the year, the budget... budget, came to 28.66 billion euros. Net revenues came to 37.15 billion euros. The budget balance up
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Timing factors, underspend lead to budget outperformance of 4.54 bln in 2023
EconomyMacroeconomyThe budget primary balance came to a surplus of 3.69 billion euros for the full year in December, compared to a deficit of 6.65 billion euros in 2022, according to the preliminary budget execution... by 4.54 billion euros. Expenditure, excluding interest payments and the public investment budget, came
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Draft budget for 2025 sees 2.3 pct growth and strong primary surplus
EconomyMacroeconomyThe draft budget for 2025 was tabled in Parliament on Monday, with the main parameters in line... its time in office. Growth for this year is seen at 2.2 pct, when the 2024 budget had assumed..., nowhere near the 15.1 pct growth that was initially forecast in the 2024 budget. Private
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Final budget data for 2024 affirms solid surplus due to strong revenues, 2.75 bln underspend
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 8.7 billion euros in December..., according to the final Finance Ministry (MoF) budget execution data released on Monday. For 2024, the budget primary balance outperformed by 4.06 billion euros of the revised targets post final 2025
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Strong income tax revenues and contained spending maintain budget outperformance in May
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 5.34 billion euros up to May, compared... Ministry (MoF) budget execution data released on Wednesday. In the period, the budget primary balance... and the public investment budget, came to 20.98 billion euros. Net revenues came to 28.97 billion euros
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Budget underspend carries on in Oct as taxes continue to outperform
EconomyMacroeconomyThe budget primary balance produced a surplus of 10.3 billion euros up to October, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday. The primary... and the public investment budget, came to 44.28 billion euros. Net revenues were 60.96 billion euros
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Newsletter 233 - 20/12/2019
) loans totalled 3.72 billion, a rise of 0.4 percent. 2 Budget primary surplus at 6.95 bln in Nov...ND intent on sticking with formula Govt pledges more tax cuts and strike legislation as 2020 budget is adopted The 2020 budget was approved by Parliament on Wednesday, marking a brief pause
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Newsletter 281 -22/01/2021
million. 2 Budget primary at deficit of 18.20 bln in 2020 Total deficit comes to 22.81 billion... phase will need to be finalised in the summer and included in the 2022 budget, when the ministry... to redesign the budget after being forced to spend 6.5 billion euros of its 7.5 billion emergency allocation
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Newsletter 178 -12/10/2018
growth at 2 percent. For next year, GDP growth is revised upward to 2.4 percent, from 1.8 percent... previously, albeit higher than the last quarter of 2017, when the economy grew by 2 percent. Real GDP... updated fiscal projections for Greece. For this year, the Fund sees the overall budget balance
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