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Budget primary surplus confirmed at 2.75 bln in February
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 2.75 billion euros in the first two months... (MoF) final budget execution bulletin showed on Monday. The primary surplus surpassed its target... that noted in February 2017. The budget balance in the first two months of 2018 recorded a surplus of 1.54
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Budget primary surplus confirmed at 2.37 bln in March, above target by 1.27 bln
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 2.37 billion euros in the first three... (MoF) final budget execution bulletin for March showed on Tuesday. The primary surplus surpassed its... improved strongly against the deficit for the same time last year which came to 1.07 billion. The budget
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PBO highlights budget, recovery risks in latest report
EconomyMacroeconomyThe quarterly report of Parliament’s Budget Office (PBO) raises some concerns on the budget front as developments over the last months have increased fiscal risks, although achieving the target... developments cascade on budget data as the recovery in economic activity helps taxpayers meet
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ND focusses on economic goals in run-up to budget vote
PoliticsGreek PoliticsAway from the diplomatic tension with Turkey, the 2020 budget and other economic issues are top... the fact that next year’s budget is designed to just surpass the 3.5 percent of GDP primary surplus... targets, Finance Minister Christos Staikouras told MPs during the budget debate that Athens intends
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Budget primary balance confirmed at 495 mln in January
EconomyMacroeconomyThe budget primary balance was confirmed at a primary surplus of 495 million euros in the first month of 2020, below target by 773 million euros, the Finance Ministry (MoF) final budget execution... by 122 million euros. The increased expenditure categories of ordinary budget in comparison to 2019
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Slight easing of Covid-19 data as focus turns to retail, budget
PoliticsGreek Politicshirings, down by 89,008 compared to last year. Layoffs were also lower by 89,634. Budget debate... over the 2021 budget in Parliament this week before Tuesday’s vote. New Democracy will point... of the headline items in the budget. Nevertheless, SYRIZA will argue that the ruling centre-right
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Govt searches budget for space to adopt more Covid and energy relief
PoliticsGreek Politicsextend beyond the provisions made in the budget. Greece reported a new record in daily Covid... for the impact that Omicron is likely to have on the budget, as well as planning a series of targeted measures... billion euros are accessed. The adverse scenario included in the budget sees growth knocked back by one
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Draft budget sees growth picking up in 2024, strong revenues driving primary surplus to 2.1 pct of GDP
EconomyMacroeconomyThe Finance Ministry tabled in Parliament on Monday the draft budget for 2024, with Greece seen... in the 2023 draft budget. Private consumption is expected to rise by a modest 1.6 pct, after a rise...-Bills stable at 11.8 billion euros and loans reduced to 247.18 billion euros. The final budget
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Details of 2025 budget point to complex economic challenges ahead
EconomyMacroeconomyThe Finance Ministry tabled last Wednesday the final budget for 2025. As much as the headline... to have been overestimated. Around this time last year, investment growth in this year’s final budget.... This corresponds to close to 55 pct of tax revenues this year and next, and 51 pct of total budget
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PM intervenes on bank charges as budget attracts extra support
PoliticsGreek PoliticsPrime Minister Kyriakos Mitsotakis used Sunday’s budget vote as an opportunity to respond to recent... to emphasise during his speech that the 2025 budget underlines Greece’s return to stability, especially... voters about economic issues, topped by the cost of living. Extra votes The budget passed with 159
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