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Newsletter 100 - 16/12/2016
conducive to a convergence between both sides. 2 Budget primary surplus surges Primary expenditure... by 4.2 percent to 4.87 billion in November, beating the target by 457 million. The budget primary..., compared to 4.34 billion a year ago, according to the Finance Ministry’s (MoF) preliminary budget execution
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Greece's key pledges and requests at the Eurogroup meetings
PoliticsGreek Politicsour creditors; the Greek government takes no action that threatens to derail the existing budget... agreement that during this period the Greek state will be funded under a minimalist menu that solves
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Primary budget surplus 923 mln short of target in Jan as revenues fall by 18.4 pct
EconomyGreece’s final budget execution data confirmed preliminary figures released on February 12... to a revenue shortfall of 968 million, while expenditure was almost 100 million better than target. Similarly, the budget balance posted a surplus of 367 million, down 40.7 percent from last year’s
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EC makes minor adjustment to growth forecast, at 2.2 pct for 2024
EconomyMacroeconomyThe European Commission published on Wednesday the spring forecasts and the growth outlook for Greece, which remained broadly unchanged with growth seen at 2.2 pct in 2024 and 2.3 pct next year.... This year the budget deficit is seen at 1.2 pct of GDP. This fiscal stance takes the debt ratio to just
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Budget primary balance at 823 mln in Feb, beating target with help of higher revenues
EconomyMacroeconomyThe budget primary balance recorded a surplus of 823 million euros in the first two months of 2018...) preliminary budget execution bulletin showed on Friday. The primary surplus surpassed its target by 1.02 billion euros. State budget expenditure came to 8.97 billion euros, 569 million euros below
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PBO highlights areas of uncertainty for 2020 budget
EconomyMacroeconomyThe Parliamentary Budget Office (PBO) has followed the footsteps of the Fiscal Council by issuing its opinion on the draft budget that the government tabled last week. The PBO has some reservations about some aspects of the draft budget that lie outside the control of authorities. It also raises
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Budget primary shows deficit of 9.08 bln in July, beating revised target despite revenue shortfall
EconomyMacroeconomy, or 2.2 percent. The full revenue breakdown will be provided upon the release of the final budget...The budget primary balance recorded a deficit of 9.08 billion euros in the first seven months... Ministry (MoF) budget execution bulletin for July showed on Monday. The primary balance was above
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NBG sale of its 75 pct stake in Ethniki Insurance improves capital ratio by more than 100 bps
EconomyBankingBulgarian Bank (UBB) and its 100 percent share in Interlease to KBC Bank for a consideration of 610
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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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Here's what's in the 2015 draft budget the Greek government has just unveiled
EconomyMacroeconomyThe Greek Finance Ministry (MoF) submitted the 2015 draft budget on Monday, with the headline.... Primary surplus The draft budget outlines a number of potential positive catalysts, which have.... Budget net revenues on a cash basis are expected at 50.67 billion euros in 2015, 2.6 percent above those
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