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Inflation and economic bounce boost tax revenues as Jan-Apr budget primary balance beats target by 1.65 bln
EconomyMacroeconomyThe 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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VAT, income taxes lead budget outperformance as primary balance deficit eases to 1.16 bln in Jul
EconomyMacroeconomyThe budget primary balance for the seven months of 2022 came to a deficit of 1.16 billion euros... Finance Ministry (MoF) budget execution data released on Thursday. The primary balance beat the target by 4.65 billion euros. Expenditure, excluding interest payments and the public investment budget
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Budget primary balance to Aug beats target by almost 6 bln as VAT, income and property taxes drive revenue outperformance
EconomyMacroeconomyThe budget primary balance for the first eight months of 2022 came to a small surplus of 20 million... to the final Finance Ministry (MoF) budget execution data released on Monday. The primary balance beat... budget, came to 34.24 billion euros. Net revenues reached 39.23 billion euros, above the target
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Final budget execution data for Sep highlights overperformance in most tax categories
EconomyMacroeconomyThe budget primary balance for the nine months of 2022 came to a small surplus of 52 million euros... to the final Finance Ministry (MoF) budget execution data released on Tuesday. The primary balance beat the target by 5.94 billion euros. Expenditure, excluding interest payments and the public investment budget
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Surveillance and Qatargate threaten to overshadow budget debate
PoliticsGreek PoliticsThe scheduled debate over next year’s budget kicks off today with political parties distracted... Staikouras presented the draft budget three weeks ago, the last of New Democracy’s current term, he described it as a historical and deeply symbolic moment, being the first budget in 12 years
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Final budget sees 2.9 pct growth in 2024, primary surplus at 2.1 pct of GDP
EconomyMacroeconomyThe Finance Ministry submitted to Parliament the final budget for 2024, which sees growth picking... billion euros expected this year. The budget is expected to perform strongly in 2024, with the primary... and spending The budget sees revenues growing to 68.38 billion euros, from 65.2 billion euros expected
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Budget marks return of trust, argues Mitsotakis
PoliticsGreek PoliticsThe 2024 budget was passed through Parliament yesterday with the votes of the 158 New Democracy MPs... the country as well as abroad. The budget foresees growth of 2.9 pct next year, supported by a 15.1 pct... that this was the first budget in 14 years to be submitted while Greek debt had an investment grade
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Draft budget maps out narrow fiscal path for coming years
EconomyMacroeconomyand white in the draft budget for 2025, which was tabled to Parliament on Monday in the wake of the medium... budget for next year reflects the framework of fiscal discipline that started after the turbulent events... and the impact of the energy crisis. The draft budget has just 1.11 billion euros of interventions
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Final 2026 budget foresees stable growth and strong tax performance
EconomyMacroeconomyThe Finance Ministry tabled in Parliament on Thursday the final budget for 2026, which sees growth..., from 5.7 percent rise this year. It should be noted that in last year’s budget submission for 2025... government will land at 138.2 percent of GDP, from 145.9 percent this year. The final budget affirms
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Going for Growth: What next for Greece's economy and banks?
Agoraas the fundamentals and the opportunities are there. *Robert is an investment and strategy consultant, and a trade consultant to Export Action Global. He writes about business strategy, international finance...://www.commerzbank.com/en/hauptnavigation/aktionaere/aktie/aktuelle_kursentwicklung/aktuelle
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