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Budget execution starts 2017 with primary balance outperformance on target-beating revenues
EconomyMacroeconomyThe budget primary balance recorded a surplus of 1.02 billion euros in the first month of 2017, broadly similar to that posted a year ago, the Finance Ministry (MoF) preliminary budget execution... Investment Budget (PIB) balance came in 58 and 41 million lower than target. In addition, the state
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Budget primary surplus at 1 bln in Jan as tax revenues outperform
EconomyMacroeconomyThe budget primary surplus was confirmed at 1.02 billion euros in the first month of 2017, broadly stable from last year, according to the Finance Ministry (MoF) final budget execution bulletin... expenditure and Public Investment Budget (PIB) balance came in 58 and 41 million lower than target
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Budget primary surplus outperforms in 2-month, tax revenues underperform in Feb
EconomyMacroeconomyThe budget primary surplus was confirmed at 2.14 billion euros in the 2-month period of 2017, down by 25.2 percent from last year’s figure of 2.85 billion, the Finance Ministry (MoF) final budget... Budget (PIB) PIB revenues and expenditure remained at low levels in both months, well below last year’s
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Finance Ministry details impact of pension interventions, sees 2021 social budget surplus at 3.17 bln
EconomyProgrammepension reform climbs to 6.58 billion until 2021. Social budget According to the social budget included... of the social budget would have reached only 462 million in 2021.
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Budget primary surplus confirmed at 1.94 bln in 2017 on expenditure fall
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 1.94 billion euros across the full 12..., the Finance Ministry (MoF) final budget execution bulletin showed on Wednesday. The primary surplus beat its... November’s negative balance of 684 million. The full year budget balance for 2017 recorded a deficit
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Budget execution makes positive start to 2018 with 1.88 bln primary surplus
EconomyMacroeconomyThe budget primary balance recorded a surplus of 1.88 billion euros in the first month of 2018, beating the forecast by 1.16 billion euros, the Finance Ministry (MoF) preliminary budget execution... million. A complete breakdown of revenues will be provided in the final budget execution bulletin due
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Budget primary surplus confirmed at 2.75 bln in February
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 2.75 billion euros in the first two months... (MoF) final budget execution bulletin showed on Monday. The primary surplus surpassed its target... that noted in February 2017. The budget balance in the first two months of 2018 recorded a surplus of 1.54
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Budget primary surplus confirmed at 2.37 bln in March, above target by 1.27 bln
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 2.37 billion euros in the first three... (MoF) final budget execution bulletin for March showed on Tuesday. The primary surplus surpassed its... improved strongly against the deficit for the same time last year which came to 1.07 billion. The budget
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PBO highlights budget, recovery risks in latest report
EconomyMacroeconomyThe quarterly report of Parliament’s Budget Office (PBO) raises some concerns on the budget front as developments over the last months have increased fiscal risks, although achieving the target... developments cascade on budget data as the recovery in economic activity helps taxpayers meet
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ND focusses on economic goals in run-up to budget vote
PoliticsGreek PoliticsAway from the diplomatic tension with Turkey, the 2020 budget and other economic issues are top... the fact that next year’s budget is designed to just surpass the 3.5 percent of GDP primary surplus... targets, Finance Minister Christos Staikouras told MPs during the budget debate that Athens intends
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