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Primary cash surplus at 2.33 bln in Nov as expenditure rises, PIB deficit widens
EconomyMacroeconomy’ repayments of 1.90 billion euros, of which 200 million euros were paid In November. The figure also... basis. The deficit in the Public Investment Budget (PIB) widened substantially by 1.11 billion euros... of 1.54 billion. As previously noted, the preliminary budget execution figures released by the Finance
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Primary cash surplus at 7.45 bln in April on revenue growth, lower expenditure
EconomyMacroeconomyInvestment Budget (PIB) balance fell into a deficit of 121 million euros compared to a surplus... a year ago. The preliminary budget execution figures released by the Finance Ministry (MoF... to 12.68 billion euros, staying under the target by just under 200 million euros. Net revenues came
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Backpay for civil servants gets "positive" measures rolling for government
Economyto the beneficiaries being between 200 and 4,690 euros better off per year as a result... of the vote on the budget. Fiscal impact The reduction in the ENFIA property tax is seen having a fiscal... budget. It has been suggested in the local media over the past few days that the government might have
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Payment plans for overdue debts launched as Athens looks for revenue boost
EconomyProgrammeto question Euclid Tsakalotos in more detail about the budget execution. It is worth noting... as much as 200 million euros in revenues by the end of the year. The electronic platform for settling... 2018. Indeed, the 2019 budget had already partially reversed some programme measures, including
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Newsletter 212 -28/06/2019
vote. This would require 200 votes in the new Parliament. Centre-left Movement for Change (KINAL) has... The budget primary balance recorded a surplus of 916 million euros in the first five months of 2019, compared to a surplus of 853 million noted in May 2018, the Finance Ministry’s (MoF) final budget
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Tracing the decline of the middle class as parties vie for its votes
EconomyFeaturesthose making between 75 percent and 200 percent of the national median disposable income – for Greece... Parliament’s budget committee in 2017 that burdening the middle classes, the self-employed, honest... to repay middle earners for propping up the budget in past years. However, data-based arguments
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The main economic challenges that will define the Mitsotakis reign
Agora-election pledges. Mitsotakis is banking on higher growth to boost budget revenues and hopes that through..., it will take time for this to be reflected in the budget and it is highly unlikely that any eurozone... exceeded half a billion euros, and in the first quarter of this year losses of more than 200 million were
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Mitsotakis takes growth message to Thessaloniki, keeps eye on bond profits
PoliticsGreek Politicsthe reaction of some unions and around 200 people protested outside the Labour Ministry in Athens on Tuesday... that these funds, which are due to reach 1.2 billion euros in 2020, should be recorded as budget... is that the bond profits cannot be used for budget purposes and change to this would require
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Newsletter 219 -13/09/2019
in the 2020 budget being drafted by the Finance Ministry. One of the most significant interventions... onwards to adopt these measures. The Finance Ministry is due to submit the draft 2020 budget... contributions, which is set to begin next summer, has an estimated cost of 200 million euros. The total
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Mitsotakis eyes Christmas handout, tries to rally support for diaspora vote proposal
PoliticsGreek Politicspicture is possible before the budget execution figures for October and November are available... is not going to be that relevant,” he said. The draft 2020 budget projects growth reaching 2.8 percent next... straight away. For this to happen, 200 out of 300 MPs must vote in favour. However, SYRIZA has already
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