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  1. Troika review begins with fiscal targets and tax breaks in focus
    Photo by MacroPolis

    EconomyMacroeconomy

    draft budget is due to be submitted to Parliament. The focus is on what fiscal targets... for another year. Furthermore, the MoF will reportedly highlight the budget outperformance so far this year... tax rate by 2 percentage points that will be incorporated in the final 2015 budget, which

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  2. What would a clean bailout exit for Greece mean in numbers?

    Agora

    loans is now 32 years and the budget is only burdened by small fees on the disbursements, which... to have a sizeable impact on the budget. Bilateral loans The loans of the first program, aka Greek... and had another 100 basis points shaved off the interest rate, which was reduced to 50 basis points

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  3. Primary surplus narrows to 2.4 bln in October as revenues miss target

    Economy

    Greece’s budget execution showed the primary surplus narrowing to 2.41 billion euros.... The 10-month budget deficit reached 2.7 billion euros (from 2.29 billion in the 9-month period), which... shortfall as well as lower Public Investment Budget (PIB) balance (by 708 million). The comparison

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  4. General government primary cash surplus expands to 3.9 bln by August, arrears drop further to 6.3 bln

    EconomyMacroeconomy

    government’s surplus grew by 303 million to 372 million. On the flipside, the state budget recorded... budget is now the second key contributor to the overall gg primary balance after extrabudgetary... this 2-month period. It should be pointed out that the MoF has noted in the last budget execution

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  5. Newsletter 220 -20/09/2019

    Newsletters

    much of their focus on next year’s budget, particularly in terms of how the relief measures... space will be sought by cutting the budget for the Public Investment Programme, a cross-government... the budget approximately 70 million on the interest bill. The Greek government appears to have submitted

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  6. Newsletter 252 -29/05/2020

    Newsletters

    season. SYRIZA’s proposals include covering 100 percent of employment costs for businesses which.... The measure, which Tsipras described as “helicopter money”, would cost the budget 3.5 billion... revenues missed target by 7.5 percent The budget primary balance recorded a deficit of 1.52 billion euros

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  7. Strong primary surplus of over 8 bln at close of 2025 as spending is contained

    EconomyMacroeconomy

    The budget primary balance was confirmed at a surplus of 8.09 billion euros for 2025, compared to a surplus of 8.7 billion euros a year earlier, according to the final Finance Ministry (MoF) budget... budget, came to 59.17 billion euros. Net revenues were 77.07 billion euros. The total budget

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  8. Newsletter 169 -06/07/2018

    Newsletters

    for review as part of the European Semester. Greece’s draft budget is due to be delivered to Brussels... of higher interest rates by 100 basis points and a primary surplus at 1.5 percent of GDP...-to-GDP over 100 percent. BoG anticipates Greek economic growth to pick up pace in the coming years

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  9. PM unveils 300 mln support package, pairing economic relief with major defence upgrade

    PoliticsGreek Politics

    , with a budget of 15 million euros, while ferry companies will be compensated for mandatory discounts... 100 and 500 euros to 20 pct and on winnings above 500 euros to 30 pct. The measure is expected to generate around 100 million euros on an annual basis. The government’s decision to opt for targeted

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  10. Direct taxes jump by 46 pct to help Sept. revenues beat target for third month in row

    Economy

    significantly boosted by cumulative Public Investment Budget (PIB) revenues of 2.2 billion. Nevertheless, a Jan-Sep primary surplus of 1.13 billion and a budget deficit of 4.16 billion widened target...The budget execution to September showed revenues beating monthly targets by 339 million euros

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