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Newsletter 185 -30/11/2018
true colours as far as economic and fiscal policy are concerned. “Our first real 100 days in government will be completed tomorrow, when we will mark 100 days out of the MoU,” the prime minister told... this year, from a figure that was well in excess of 100 billion in the end of 2016. The NPE ratio
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Signifcant underspend covers revenue shortfall for budget primary surplus to August
EconomyMacroeconomyGreece’s budget primary surplus significantly improved to 3.8 billion in the 8-month period of 2015 from 1.95 billion last year, the Finance Ministry (MoF) final budget data displayed on Thursday... (by 250 million) as well as higher Public Investment Budget (PIB) balance (by 1.44 billion) more
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Draft budget sets ambitious growth target of 2.8 pct in 2020, plugs fiscal gaps
EconomyGreece’s Finance Ministry tabled to Parliament the draft budget for next year in which Greek... of 3.5 percent of GDP primary surplus. The draft budget also includes all the fiscal interventions... on the fiscal gap and how it will be closed by mid-October, when the budget is due to be submitted
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Great Expectations: Is Greece 2.0 hitting the target?
EconomyFeaturesexpects to receive a boost from Greece 2.0 to the tune of 1.9 percent according to its budget report... silently revised downwards from the 2023 budget, where 3.6 billion euros of grants were included in the original assumptions, to the 2024 budget report, where it was estimated that a little less than
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Here's why Greece's fiscal difficulties will dominate the agenda
EconomyProgrammeThe budget execution for January revealed a revenue shortfall of almost 1 billion euros, mainly reflecting... taxes or shortfall created by other revenue sources. The breakdown of the key budget items in the first half of the year, according to the 2015 budget, shows revenues in March will be lower than
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Jan budget execution impacted by unplanned pandemic spending and snowstorm
EconomyMacroeconomyThe budget primary balance for the first month of 2022 came to a small surplus of 17 million euros... to the preliminary Finance Ministry (MoF) budget execution data released on Tuesday. The primary balance is well... investment budget, came to 3.11 billion euros. Net revenues came to 3.86 billion euros, below target
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Tax overperformance continues in Aug, as budget balance beats target by close to 6 bln
EconomyMacroeconomyThe budget primary balance up to August 2022 came to a small surplus of 10 million euros, compared... Finance Ministry (MoF) budget execution data released on Friday. The primary balance beat the target.... Expenditure, excluding interest payments and the public investment budget, came to 34.24 billion euros
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Preliminary Sep budget records 37 mln primary surplus as taxes outperform by 4.9 bln
EconomyMacroeconomyThe budget primary balance up to September 2022 came to a small surplus of 37 million euros... Finance Ministry (MoF) budget execution data released on Monday. The primary balance beat the target.... Expenditure, excluding interest payments and the public investment budget, came to 38.37 billion
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Budget primary balance continues strong performance in Oct, ahead of target by 6.4 bln
EconomyMacroeconomyThe budget primary balance up to October 2022 came to a small deficit of 349 million euros... Finance Ministry (MoF) budget execution data released on Tuesday. The primary balance beat the target... of the year. Expenditure, excluding interest payments and the public investment budget, came to 43.13
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Final budget for Oct affirms new targets and tax outperformance
EconomyMacroeconomyThe budget primary balance for the ten months of 2022 came to a deficit of 350 million euros... Finance Ministry (MoF) budget execution data released on Friday. As is the standard practice, once the final budget for the next year is submitted, the targets for the running year are revised. This means
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