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  1. PBO highlights areas of uncertainty for 2020 budget
    Photo by MacroPolis

    EconomyMacroeconomy

    The 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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  2. Budget primary shows deficit of 9.08 bln in July, beating revised target despite revenue shortfall
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    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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  3. NBG sale of its 75 pct stake in Ethniki Insurance improves capital ratio by more than 100 bps
    Photo by MacroPolis

    EconomyBanking

    Bulgarian Bank (UBB) and its 100 percent share in Interlease to KBC Bank for a consideration of 610

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  4. Draft budget sets ambitious growth target of 2.8 pct in 2020, plugs fiscal gaps
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    Economy

    Greece’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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  5. Here's what's in the 2015 draft budget the Greek government has just unveiled

    EconomyMacroeconomy

    The 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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  6. Budget primary confirms deficit of 9.06 bln in July, beating target
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    EconomyMacroeconomy

    The budget primary balance recorded a deficit of 9.06 billion euros in the first seven months... (MoF) budget execution bulletin for July showed on Wednesday. The primary balance was above... interest payments and the public investment budget came to 30.9 billion euros. Net revenues came to 27

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  7. Budget primary balance to Nov beats target by 1.15 bln as taxes outperform
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    EconomyMacroeconomy

    The budget primary balance for the eleven months of 2022 came to a deficit of 1.09 billion euros... Finance Ministry (MoF) budget execution data released on Tuesday. As is the standard practice, once the final budget for the next year is submitted, the targets for the running year are revised

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  8. Who’s afraid of Angela Merkel?

    Agora

    on a socially just budget consolidation and a growth perspective for the Greek economy. Both parties... the junior partner of the adored chancellor, or the SPD opts for opposition, provoking possible new

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  9. Surge in Covid-19 deaths as work on adjusted 2021 budget nears completion
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    PoliticsGreek Politics

    More than 100 Greeks who contracted Covid-19 died over Saturday and Sunday, making it the worst... posed by the second coronavirus wave, the Finance Ministry is busy re-writing the budget to account... treated in special ICU units. Around 100 of these ICU beds remained available. In a further bid

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  10. Troika and Greece in stalemate over budget targets, prior actions as time ticks away
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    EconomyProgramme

    The Finance Ministry (MoF) is expected to table in parliament the 2015 budget on Friday amid a stalemate in discussions with the troika. As things stand, the budget will be submitted without... that the recently voted law on settling unpaid taxes in up to 100 installments would create

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