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A breakdown of the fiscal and structural reforms Greece hopes will unlock funding
EconomyProgrammeby the Finance Ministry sees GDP growth halved to 1.4 percent from the 2.9 percent growth seen in the budget... to the 22.6 percent in the budget, falling to 21.1 percent in 2016. 2015 is expected to be another deflationary year, with harmonised consumer price index at -0.5 percent (compared to 0.3 percent in 2015 budget
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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... an agreement for a new bailout program, meaning that more than 2.2 billion euros of the revenues
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Second review to resume in Athens under severe time pressure
EconomyProgrammeon November 7 made a specific note of three items in the second review: The 2017 budget, the medium... by the Parliamentary Budget Office (PBO) revealed the institutions’ views on labour market reforms... learning and social dialogue. Fiscal Despite a revenue outperformance of 2.2 billion euros
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Newsletter 147 -19/01/2018
with the coalition during the ballot on the 2018 budget in December. Her addition was seen..., expenditure shows a decline of 139 million euros for 2017. The full-year Public Investment Budget..., the number rose by 1.5 percent to 2.2 million travellers. Inbound non-resident travellers rose by 9.5
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Newsletter 221 -27/09/2019
for the state guarantees. At the same time, the inclusion of the SMP and ANFA profits into the budget seems... with the European Commission’s current estimate of 2.2 percent growth, and 2.1 percent for this year. Discussions on these topics will continue remotely as the draft budget that will be submitted
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Newsletter 240 -21/02/2020
number of new joiners in what was originally touted as a transformative exercise. Budget primary balance at 498 mln in Jan Current account deficit more than halves to 2.57 bln in 2019 The budget primary... target by 771 million euros, the Finance Ministry (MoF) final budget execution bulletin showed
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Newsletter 403 - 24/11/2023
would be funded in large part by the EU, though the state budget would also have to chip in. Among... the budget from 300 to 600 million euros, including compensation for farmers and fishers and housing support... was dominated by the submission to Parliament of the 2024 final budget, which is characterised
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Primary balance at 3.25 bln in Apr, above target thanks to favourable timing
EconomyMacroeconomyThe budget primary balance recorded a surplus of 3.25 billion euros in April, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Wednesday. Up to April... payments and the public investment budget, came to 16.06 billion euros. Net revenues were 22.51
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Corporate, income taxes and VAT propel tax outperformance in July above 2 bln
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 5.67 billion euros in July, compared... Ministry (MoF) budget execution data released on Monday. Up to July, the budget primary balance... budget, came to 28.27 billion euros. Net revenues came to 39.19 billion euros. The total budget
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Newsletter 442 - 22/11/2024
. On Tuesday, Finance Minister Kostis Hatzidakis tabled the 2025 budget, which is due to be debated... the question of whether he would consider voting against the budget, commenting that, “anyone who knows... difficulty aheadThe Finance Ministry tabled on Wednesday the final budget for 2025. As much as the headline
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