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  1. ND sees budget as evidence of pledges being kept, SYRIZA highlights flaws
    Photo by MacroPolis

    PoliticsGreek Politics

    Having submitted to Parliament on Monday the draft 2020 budget, including the tax cuts pledged... domestic political issues. New Democracy presented the draft budget as further evidence that the government... month. They were squeezed into the budget after the Finance Ministry suggested that equivalent fiscal

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  2. Budget primary balance at 498 mln in Jan as net revenues fall short of target
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance came to a primary surplus of 498 million euros in the first month of 2020, below target by 771 million euros, the Finance Ministry (MoF) preliminary budget execution... the release of the final budget execution bulletin due on February 25. Expenditure Expenditure came

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  3. Mitsotakis in bid to "square the circle" in EU budget negotiations

    PoliticsGreek Politics

    in a special summit of European leaders aimed at reaching agreement on the EU’s seven-year budget for period... as “squaring the circle” between what looks set to be a shrunken budget and Greece’s stated aim to keep its... dissatisfaction with the allocation of funds within the budget, and in particular the reduction in funding

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  4. Draft budget sees EU funds fuelling recovery of 7.5 pct in 2021, after 8.2 contraction this year
    Photo by MacroPolis

    EconomyMacroeconomy

    The Finance Ministry tabled in Parliament on Monday the draft budget for 2021 in which the Greek... due to the pandemic. The draft budget also sees a bridging of the gap on the fiscal front, which... the pandemic’s impact. Despite the high degree of uncertainty, if these draft budget assumptions

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  5. Revised 2021 budget sees bigger contraction, slower recovery and support of 31.4 bln euros
    Photo by MacroPolis

    EconomyMacroeconomy

    alarm, Finance Minister Christos Staikouras tabled to Parliament on Friday the final 2021 budget... and next. The recession of 2020 is now revised to 10.5 pct, from 8.2 pct in the draft budget, mostly... of public spending by 2.1 pct. Compared to the draft budget, private consumption was expected -6 pct

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  6. Budget passed as govt pins hopes on vaccine rollout to get economy on track
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    The 2021 budget was passed through Parliament on Tuesday night after five days of intense debate... with the votes of all its 158 MPs as all the opposition lawmakers voted against the budget, as expected. Prime Minister Kyriakos Mitsotakis described the budget as “clear and honest”. He highlighted

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  7. Govt readies additional inflation relief package, draws up new budget

    PoliticsGreek Politics

    Ministry rewrites this year’s budget, any extra room to manoeuvre would clearly be welcomed by Athens. Budget The new revised budget for 2022 is due to be made public in April, when the Finance... set out in the original budget and this is where Athens hopes that there will be some flexibility from

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  8. Feb budget primary surplus confirmed at 840 mln, as revenues overperform
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance for the first two months of 2022 was confirmed to be a surplus of 840... to the final Finance Ministry (MoF) budget execution data released on Monday. The primary balance... and the public investment budget, came to 6.67 billion euros. Net revenues reached 8.85 billion euros, below

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  9. Inflation triggers political machinations, move to increase budget spending
    Photo by MacroPolis

    PoliticsGreek Politics

    The government is set to submit a supplementary budget that will allow it to increase spending by as much as 2 billion euros compared to the initial budget for 2022, underlining the pressure that New... will be spent. Ta Nea reported that the additional budget will cover some of the spending announced recently

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  10. March budget primary balance short of target, but taxes continue to overperform
    Finance Ministry

    EconomyMacroeconomy

    The budget primary balance for the first three months of 2022 was confirmed at 1.65 billion euros... Finance Ministry (MoF) budget execution data released on Tuesday. The primary balance was below... budget, came to 11.7 billion euros. Net revenues reached 11.96 billion euros, below the target by 1.35

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