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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
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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
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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.
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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
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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
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Cost of living remains public's top worry, as government slashes green transition budget
PoliticsGreek Politicsthe opposition. The government, meanwhile, has signalled plans to halve the budget for its green transition..., noting that it views some green technologies as too expensive for the budget to sustain. The new draft
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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
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How big is Greek fiscal gap? Will cuts be needed? Here's our Q&A
PoliticsGreek Politicsto Athens having to find more budget savings next year. Going into the EU Council meetings, the talk... eurocrats and troika whisperers, however, talk of €2 billion for 2014 budget. #Greece — Juergen Baetz... Venizelos after a meeting with Prime Minister Antonis Samaras on October 10. Following the same meeting
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What would a clean bailout exit for Greece mean in numbers?
Agorabe deferred for 10 years and loan maturities extended for 15 years. The average maturity of the ESM 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
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What next for Greece's revenues and spending?
Agora. However, budget revenues in May fell short of the target by 1.05 billion euros, with Finance Ministry... budget projected much higher revenues of 6.43 billion euros. This is due to the inclusion of more than... budgeted for July are in doubt. Expenditure The other key budget item is primary expenditure. Data shows
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