Search
-
Budget primary balance confirmed at 729 mln in January
EconomyMacroeconomyThe budget primary balance was confirmed at a primary surplus of 729 million euros in the first month of 2019, beating the forecast by 832 million euros, the Finance Ministry (MoF) final budget execution bulletin revealed on Tuesday. In the same period last year, the primary surplus came to 1.80
25% -
Athens buoyed by conclusion of budget talks but IMF lowers growth forecasts
EconomyMacroeconomyThe government submitted to the European Commission on Tuesday the draft 2020 budget after negotiations over the fiscal gap reportedly concluded successfully but, at the same time, the International... as the January-September budget execution figures showed that there was a strong fiscal outperformance
25% -
Brussels gives Athens thumbs-up for reforms and budget
EconomyProgramme, the Commission also approved Greece’s draft budget as it complies with the post-programme fiscal commitment... the final budget in Parliament on Thursday. The vote is expected to be voted next month.
25% -
Greece braces for deeper Covid-19 impact on economy, budget and public debt
EconomyThe Finance Ministry is gradually accepting that the impact of Covid-19 in Greece will exact a heavy toll on the economy and the budget, with implications for the country’s public debt. Earlier... of the Finance Ministry budget by 5 billion euros. It is near certain that these support measures will need
25% -
Parties clash ahead of budget vote, govt looks to ease holiday lockdown for churches
PoliticsGreek PoliticsThe debate over the government’s economic response to the pandemic is expected to reach a crescendo on Tuesday as Parliament approaches its vote on next year’s budget. In the opening sessions, government ministers presented key sections of the budget and came in for aggressive questioning from
25% -
Draft 2022 budget represents first attempt to restore post-pandemic fiscal order
EconomyMacroeconomyof fiscal order returning based on the draft budget submitted to Parliament on Monday. Using the enhanced... will be trimmed substantially next year to just 2.9 billion euros. The draft budget outlines that revenues
25% -
Draft 2023 budget sees growth cooling to 2.1 pct, primary surplus at 0.7 pct
EconomyMacroeconomyThe Finance Ministry tabled in Parliament on Monday the draft budget for 2023, in which Greece is seen growing by 2.1 pct in 2023 and securing a primary surplus of 0.7 pct of GDP, marginally below.... The final budget is expected to be tabled in the second half of November.
25% -
ND tries to swerve fresh graft claims as EP scandals, phonetapping hang over budget debate
PoliticsGreek Politicsupset the balance. As lawmakers enter the final stretch of the budget debate in Athens, the tit... on the budget, before attacking ND’s record on the economy. While government sources are hinting
25% -
Government tables 2025 budget, seeing stable growth, solid public finances and lower debt
EconomyMacroeconomyThe Finance Ministry tabled in Parliament on Wednesday the final budget for 2025, which sees stable growth and a solid fiscal performance that keeps the debt-to-GDP ratio on a downward trajectory... budget affirms the solid tax performance this year, exceeding the initial target by nearly 4 billion
25% -
PASOK tries to take initiative in budget debate as SYRIZA exodus continues
PoliticsGreek PoliticsThe debate about the 2025 budget is due to begin in Parliament on Wednesday amid an ongoing tug-of-war between the government and the main opposition party, PASOK, over interventions in the banking sector. The socialists have attempted to upstage the government ahead of the budget debate, which
25%