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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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Primary surplus narrows to 2.4 bln in October as revenues miss target
EconomyGreece’s budget execution showed the primary surplus narrowing to 2.41 billion euros.... The 10-month budget deficit reached 2.7 billion euros (from 2.29 billion in the 9-month period), which... shortfall as well as lower Public Investment Budget (PIB) balance (by 708 million). The comparison
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Strong primary surplus of over 8 bln at close of 2025 as spending is contained
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 8.09 billion euros for 2025, compared to a surplus of 8.7 billion euros a year earlier, according to the final Finance Ministry (MoF) budget... budget, came to 59.17 billion euros. Net revenues were 77.07 billion euros. The total budget
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Greece tops EU tables for lawyers but also pending administrative court cases
Society6.4 cases per 100 inhabitants in 2012, compared to 21 in the EU – it was at the upper end... litigious cases jump rapidly in 2012 and 2013, to 5.8 and 6.2 first instant cases per 100 inhabitants..., with 7.8 cases per 100 inhabitants, in 2012. Portugal and SI, both on 15, and Croatia, on 9.6, were
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Newsletter 134
Revenues and debt rule draft budget Government faces uphill task of meeting fiscal targets as tax... Committee the 2018 draft budget, which contains its fiscal estimates as well as the underlying macro assumptions. The draft budget estimates that GDP will grow by 1.8 percent in 2017, slightly improved from
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Newsletter 85 - 05/08/2016
In a non-paper issued on Wednesday, the Finance Ministry clarified that budget revenues had beaten... cushion in the first half of the year. Although not officially announced yet, budget revenues most... into account the budget execution, we conclude that for every 3.37 billion of collected monthly
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Newsletter 184 -23/11/2018
Budget aims for relief and growth Pension cuts out, Thessaloniki measures in as Brussels urges faster reforms The government submitted Greece’s first expansionary budget for many years this week... of the reforms it pledged. The budget, tabled in Parliament by Alternate Finance Minister Giorgos Houliarakis
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Newsletter 275 -27/11/2020
amongst member states. 2 Oct budget primary at deficit of 9.07 bln Revised budget for 2021 reflected... health system. Revised 2021 budget sees bigger contraction Covid-19 leaves Greece facing 200 pct debt... 2021 budget, which was substantially revised from the draft document submitted at the start of October
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Growing hopes that Greek recession will be milder than expected
Economypercent in 2016. The Finance Ministry adopted these estimates in the 2016 draft budget tabled on October... of imports compared to exports. Although the macro assumptions of the draft budget are in line... this year, which is much softer than its previous forecast for a recession of 2 percent for 2015. Note
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