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Budget outperforms in Mar, delivers 2.95 bln primary surplus thanks to strong tax collection
EconomyMacroeconomyThe budget primary balance recorded a surplus of 2.95 billion euros in March, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday. In March... payments and the public investment budget, came to 11.46 billion euros. Net revenues were 16.79 billion
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Primary surplus of 3.28 bln confirmed for Apr as timing and taxes support budget
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of close to 3.28 billion euros in April... Ministry (MoF) budget execution data released on Monday. In April, the budget primary balance... budget, came to 16.06 billion euros. Net revenues came to 22.54 billion euros. The total budget balance
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Budget rolls on with solid primary surplus of 12 bln in Nov
EconomyMacroeconomyThe budget primary balance recorded a surplus of 12.01 billion euros up to November, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday. During.... Expenditure, excluding interest payments and the public investment budget, came to 46.87 billion euros
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Mitsotakis lets budget measures sink in as he mulls presidential pick
PoliticsGreek PoliticsThe measures announced in the budget appear to have hit the mark with New Democracy lawmakers, who.... The first assessments of the measures announced in the budget last week suggest that they have... to be relaxed and jovial, with MPs quoted as expressing satisfaction with the budget measures, describing
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Budget reaches 8.63 bln primary surplus in 2024 thanks to tax outperformance and underspend
EconomyMacroeconomyThe budget primary balance closed the year with a surplus of 8.63 billion euros up to December, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Friday... payments and the public investment budget, came to 55.46 billion euros. Net revenues were 74.04 billion
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Draft budget for 2026 sees growth accelerating to 2.4 pct, tax collections remaining strong
EconomyMacroeconomyThe Greek Finance Ministry tabled in Parliament on Monday the draft budget for 2026, which sees a stable growth trajectory and a strong budget performance led by tax revenues, notably indirect taxes. The draft budget slightly revises the growth estimate for this year to 2.2 pct, from 2.3 pct
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Newsletter 140 -17/11/2017
a gap in PPC’s budget for the subsidised services it offers. Tsipras pointed out that the total... expects a growth rate of close to 2 percent of GDP this year. The opposition parties, though, accused.... Budget primary surplus at 5.36 bln in 10-month Government bond swap, rumoured for mid November, got
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Tracking Greece's fiscal performance
Agorathat the original data are mostly cash outlays and expenditures in the budget, with some adjustments... a fiscal operation becomes effective and when the costs or revenues show up in the budget can cause... at the time when these have an economic impact (solid line in Figure 1), even if the budget cash impact
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Newsletter 115 - 21/04/2017
due a drop in travel payments by 9.9 percent. 2 Budget primary balance in the black Gross revenues... for three or four years after the end of the programme in 2018, before it is lowered to around 2... forecasted a 2 percent of GDP primary surplus that year, which is substantially below the 3.5 percent target
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General govt primary cash deficit of 1.85 bln in Apr as revenues decline
EconomyMacroeconomymillion. Overall, the state budget primary balance showed a fall of 2.68 billion euros, landing at a deficit of 1.52 billion euros. The budget primary balance for the same time last year came... (including tax refund arrears) fell by 2 million compared to March and came to 2.40 billion. Month
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