Search
-
Budget continued to outperform in Feb, delivering 3.4 bln primary surplus
EconomyMacroeconomyThe budget primary balance recorded a surplus of 3.4 billion euros in February, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Friday. In February... payments and the public investment budget, came to 7.53 billion euros. Net revenues were 12.67
12% -
Income tax and VAT revenues drive budget primary surplus to 3.38 bln in Feb
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 3.38 billion euros in February, compared... (MoF) budget execution data released on Tuesday. In February, the budget primary balance outperformed by 1.4 billion euros. Expenditure, excluding interest payments and the public investment budget
12% -
Gov't adopts patchwork of measures to overcome liquidity problems
EconomyProgramme: 310 million on March 6, 348 million on March 13 and 581 million on March 16. The last tranche... remaining 310 million relate to 90 percent of HFSF current cash reserves that until the end of 2015... to the preliminary budget execution for February, primary expenditure was 538 million better than the target
12% -
Greek primary budget surplus rises to 2.53 bln at end of September
EconomyGreece’s budget execution showed the primary surplus widening to 2.53 billion euros in the 9-month... compared to August. The 9-month budget deficit stood at 2.29 billion euros, also displaying a better... reflects lower MoM interest payments in September. Both 9-month primary and budget balances continue
11% -
Budget primary surplus of 2.1 bln in 2-month on large underspend in Feb
EconomyMacroeconomyThe budget primary balance posted a surplus of 2.12 billion euros in the 2-month period of 2017..., the Finance Ministry’s (MoF) preliminary budget execution bulletin revealed on Tuesday. This year’s... in February with the 2-month figure up by 18.6 percent to 645 million, which was 100 million above
11% -
Athens preparing to present budget plans to lenders after tax cut pledges
EconomyProgramme. The Finance Ministry has been working on the draft 2020 budget, which it has to submit to the European... to 5 percent will have a fiscal impact of 100 million euros. Reducing the introductory income tax..., been collected so far. The government has already pointed out to the local media that budget revenues
11% -
Despite ongoing budget talks, ND eyes more relief measures in coming months
PoliticsGreek PoliticsEven though negotiations between Athens and the institutions regarding next year’s budget...’s budget as New Democracy decided to focus on lowering income and corporate taxes. In a speech... from us,” he told the conservative lawmakers as he set out the government’s plans for the next 100
11% -
Jan budget deficit confirmed at 15 mln, revenues 610 mln short and spending underexecuted
EconomyMacroeconomyThe budget primary balance for the first month of 2022 came to a small surplus of 15 million euros... Finance Ministry (MoF) budget execution data released on Friday. The primary balance is well ahead... budget, came to 3.11 billion euros. Net revenues came to 3.86 billion euros, below the target by 610
11% -
Budget primary balance to Aug beats target by almost 6 bln as VAT, income and property taxes drive revenue outperformance
EconomyMacroeconomyThe budget primary balance for the first eight months of 2022 came to a small surplus of 20 million... to the final Finance Ministry (MoF) budget execution data released on Monday. The primary balance beat... budget, came to 34.24 billion euros. Net revenues reached 39.23 billion euros, above the target
11% -
Final budget execution data for Sep highlights overperformance in most tax categories
EconomyMacroeconomyThe budget primary balance for the nine months of 2022 came to a small surplus of 52 million euros... to the final Finance Ministry (MoF) budget execution data released on Tuesday. The primary balance beat the target by 5.94 billion euros. Expenditure, excluding interest payments and the public investment budget
11%