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  1. Revised 2021 budget sees bigger contraction, slower recovery and support of 31.4 bln euros
    Photo by MacroPolis

    EconomyMacroeconomy

    alarm, Finance Minister Christos Staikouras tabled to Parliament on Friday the final 2021 budget... and next. The recession of 2020 is now revised to 10.5 pct, from 8.2 pct in the draft budget, mostly... of public spending by 2.1 pct. Compared to the draft budget, private consumption was expected -6 pct

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  2. Budget passed as govt pins hopes on vaccine rollout to get economy on track
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    The 2021 budget was passed through Parliament on Tuesday night after five days of intense debate... with the votes of all its 158 MPs as all the opposition lawmakers voted against the budget, as expected. Prime Minister Kyriakos Mitsotakis described the budget as “clear and honest”. He highlighted

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  3. Jan budget deficit confirmed at 15 mln, revenues 610 mln short and spending underexecuted
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance for the first month of 2022 came to a small surplus of 15 million euros... Finance Ministry (MoF) budget execution data released on Friday. The primary balance is well ahead... budget, came to 3.11 billion euros. Net revenues came to 3.86 billion euros, below the target by 610

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  4. Govt readies additional inflation relief package, draws up new budget

    PoliticsGreek Politics

    Ministry rewrites this year’s budget, any extra room to manoeuvre would clearly be welcomed by Athens. Budget The new revised budget for 2022 is due to be made public in April, when the Finance... set out in the original budget and this is where Athens hopes that there will be some flexibility from

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  5. Feb budget primary surplus confirmed at 840 mln, as revenues overperform
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance for the first two months of 2022 was confirmed to be a surplus of 840... to the final Finance Ministry (MoF) budget execution data released on Monday. The primary balance... and the public investment budget, came to 6.67 billion euros. Net revenues reached 8.85 billion euros, below

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  6. Inflation triggers political machinations, move to increase budget spending
    Photo by MacroPolis

    PoliticsGreek Politics

    The government is set to submit a supplementary budget that will allow it to increase spending by as much as 2 billion euros compared to the initial budget for 2022, underlining the pressure that New... will be spent. Ta Nea reported that the additional budget will cover some of the spending announced recently

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  7. March budget primary balance short of target, but taxes continue to overperform
    Finance Ministry

    EconomyMacroeconomy

    The budget primary balance for the first three months of 2022 was confirmed at 1.65 billion euros... Finance Ministry (MoF) budget execution data released on Tuesday. The primary balance was below... budget, came to 11.7 billion euros. Net revenues reached 11.96 billion euros, below the target by 1.35

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  8. Inflation and economic bounce boost tax revenues as Jan-Apr budget primary balance beats target by 1.65 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance for the first four months of 2022 was confirmed at a deficit of 799... to the final Finance Ministry (MoF) budget execution data released on Wednesday. The primary balance... investment budget, came to 15.92 billion euros. Net revenues reached 17.69 billion euros, above the target

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  9. Jan-May primary budget deficit contained at 1.49 bln on back of property tax, VAT intakes
    Finance Ministry

    EconomyMacroeconomy

    The budget primary balance for the first five months of 2022 came to a deficit of 1.49 billion... to the final Finance Ministry (MoF) budget execution data released on Monday. The primary balance beat... budget, came to 20.6 billion euros. Net revenues reached 22.29 billion euros, above the target by 1.89

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  10. Final budget execution for June affirms solid revenues, driven by VAT and income tax
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance for the first half of 2022 came to a deficit of 3.43 billion euros... Finance Ministry (MoF) budget execution data released on Monday. The primary balance beat the target by 1.47 billion euros. Expenditure, excluding interest payments and the public investment budget, came

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