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  1. Athens buoyed by conclusion of budget talks but IMF lowers growth forecasts
    Finance Ministry

    EconomyMacroeconomy

    The 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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  2. Brussels gives Athens thumbs-up for reforms and budget
    Photo by TP via Flickr https://flic.kr/p/5WRaRc

    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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  3. Greece braces for deeper Covid-19 impact on economy, budget and public debt
    Photo by MacroPolis

    Economy

    The Finance Ministry is gradually accepting that the impact of Covid-19 in Greece will exact a heavy toll on the economy and the budget, with implications for the country’s public debt. Earlier... of the Finance Ministry budget by 5 billion euros. It is near certain that these support measures will need

    26%

  4. IMF sees 2020 GDP contraction at 10 pct, budget deficit at 9 pct due to virus impact
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    . The crisis is set to deal a major blow to the budget, leading a deficit of -9 pct of GDP this year... admitted that only up to May the hit to the budget would reach 14 billion euros. This is before

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  5. FinMin tables recovery budget, foreseeing across-the-board improvement in key numbers
    Photo by MacroPolis

    EconomyMacroeconomy

    The Finance Ministry submitted to Parliament on Monday the draft budget for 2022 in which Greece is seen leaving behind the impact of the pandemic. The nominal GDP is expected to recover above the pre-pandemic levels of 2019 and the budget paves the way for a narrowing of the excessive deficits

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  6. Draft 2022 budget represents first attempt to restore post-pandemic fiscal order

    EconomyMacroeconomy

    of fiscal order returning based on the draft budget submitted to Parliament on Monday. Using the enhanced... will be trimmed substantially next year to just 2.9 billion euros. The draft budget outlines that revenues

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  7. S&P moves Greece closer to investment grade, puts focus on budget and growth
    Photo by MacroPolis

    Economy

    that the monitoring after the enhanced surveillance period ends in August will focus on budget... consideration if reforms continue, and the budget and growth performance is better than expected. On the other

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  8. Draft 2023 budget sees growth cooling to 2.1 pct, primary surplus at 0.7 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    The Finance Ministry tabled in Parliament on Monday the draft budget for 2023, in which Greece is seen growing by 2.1 pct in 2023 and securing a primary surplus of 0.7 pct of GDP, marginally below.... The final budget is expected to be tabled in the second half of November.

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  9. ND tries to swerve fresh graft claims as EP scandals, phonetapping hang over budget debate
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    upset 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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  10. Cost of living remains public's top worry, as government slashes green transition budget
    Photo by MacroPolis

    PoliticsGreek Politics

    the 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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