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  1. Budget primary surplus at 3.14 bln in August as revenues grow and spending falls
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The budget primary balance came to a surplus of 3.14 billion euros in the first eight months of 2018, according to the preliminary budget execution bulletin for August published by the Finance.... The budget balance in the first eight months of 2018 recorded a deficit of 1.24 billion euros, marking

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  2. Question mark over pension cuts in 2019 draft budget as Athens looks to lenders
    Photo by MacroPolis

    EconomyProgramme

    in which they are not implemented, in the 2019 draft budget due to be submitted to Parliament... budget and that some of the fiscal counter-measures agreed with the institutions would also..., government spokesman Dimitris Tzanakopoulos suggested that the draft budget might contain two alternative

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  3. Draft budget contains two scenarios on pensions, charts course within agreed fiscal targets
    Photo by MacroPolis

    EconomyMacroeconomy

    the draft budget for 2019, which contains its fiscal estimates as well as the underlying macro assumptions. This is the first budget since the end of 2009 that is being submitted outside a programme... year. The budget was submitted late in the day, possibly because it coincided with the Eurogroup

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  4. IMF distances itself from budget talks, leaving Athens and EU to hammer out deal

    EconomyProgramme

    lenders to come to an arrangement over the 2019 budget. The Fund has gradually taken a backseat role in the negotiations over the budget and it is believed that when Finance Minister Euclid... year’s budget, even though the organisation would like to see the pension cuts, as well

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  5. Budget primary surplus at 3.16 bln in December, missing target for full year by 443 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance came to a surplus of 3.16 billion euros in 2018, according to the preliminary budget execution bulletin for December published by the Finance Ministry (MoF) on Monday... been originally scheduled. The budget balance in 2018 fell into negative territory and landed

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  6. EC warns budget not on track due to handouts, advises against further underspend
    Photo by MacroPolis

    EconomyProgramme

    of GDP. When factoring in two large payments that were not included in the 2018 budget, the refund... performance is the result of a significant budget under-execution. In a special box, it outlines the areas... interests for it to continue. Given that the budget under-execution is not included in the European

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  7. Budget primary surplus reaches 1.78 bln in July, almost double target
    Finance Ministry

    EconomyMacroeconomy

    The budget primary surplus reached 1.78 billion euros in the first seven months of 2019, compared to a surplus of 926 million in the same period last year, preliminary budget execution data from... by 2.15 billion euros. The overall budget balance up to July recorded a deficit of 1.85 billion euros

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  8. 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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  9. 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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  10. 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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