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  1. Inflation triggers political machinations, move to increase budget spending
    Photo by MacroPolis

    PoliticsGreek Politics

    The government is set to submit a supplementary budget that will allow it to increase spending by as much as 2 billion euros compared to the initial budget for 2022, underlining the pressure that New... will be spent. Ta Nea reported that the additional budget will cover some of the spending announced recently

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  2. March budget primary balance short of target, but taxes continue to overperform
    Finance Ministry

    EconomyMacroeconomy

    The budget primary balance for the first three months of 2022 was confirmed at 1.65 billion euros... Finance Ministry (MoF) budget execution data released on Tuesday. The primary balance was below... budget, came to 11.7 billion euros. Net revenues reached 11.96 billion euros, below the target by 1.35

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  3. Inflation and economic bounce boost tax revenues as Jan-Apr budget primary balance beats target by 1.65 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance for the first four months of 2022 was confirmed at a deficit of 799... to the final Finance Ministry (MoF) budget execution data released on Wednesday. The primary balance... investment budget, came to 15.92 billion euros. Net revenues reached 17.69 billion euros, above the target

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  4. Jan-May primary budget deficit contained at 1.49 bln on back of property tax, VAT intakes
    Finance Ministry

    EconomyMacroeconomy

    The budget primary balance for the first five months of 2022 came to a deficit of 1.49 billion... to the final Finance Ministry (MoF) budget execution data released on Monday. The primary balance beat... budget, came to 20.6 billion euros. Net revenues reached 22.29 billion euros, above the target by 1.89

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  5. Final budget execution for June affirms solid revenues, driven by VAT and income tax
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance for the first half of 2022 came to a deficit of 3.43 billion euros... Finance Ministry (MoF) budget execution data released on Monday. The primary balance beat the target by 1.47 billion euros. Expenditure, excluding interest payments and the public investment budget, came

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  6. VAT, income taxes lead budget outperformance as primary balance deficit eases to 1.16 bln in Jul
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance for the seven months of 2022 came to a deficit of 1.16 billion euros... Finance Ministry (MoF) budget execution data released on Thursday. The primary balance beat the target by 4.65 billion euros. Expenditure, excluding interest payments and the public investment budget

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  7. Surveillance and Qatargate threaten to overshadow budget debate

    PoliticsGreek Politics

    The scheduled debate over next year’s budget kicks off today with political parties distracted... Staikouras presented the draft budget three weeks ago, the last of New Democracy’s current term, he described it as a historical and deeply symbolic moment, being the first budget in 12 years

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  8. Budget marks return of trust, argues Mitsotakis
    Photo via https://primeminister.gr

    PoliticsGreek Politics

    The 2024 budget was passed through Parliament yesterday with the votes of the 158 New Democracy MPs... the country as well as abroad. The budget foresees growth of 2.9 pct next year, supported by a 15.1 pct... that this was the first budget in 14 years to be submitted while Greek debt had an investment grade

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  9. Draft budget maps out narrow fiscal path for coming years
    Image: MacroPolis

    EconomyMacroeconomy

    and white in the draft budget for 2025, which was tabled to Parliament on Monday in the wake of the medium... budget for next year reflects the framework of fiscal discipline that started after the turbulent events... and the impact of the energy crisis. The draft budget has just 1.11 billion euros of interventions

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  10. Gov't lowers tax-free threshold, prepares for third pillar of measures worth 1 pct of GDP

    EconomyProgramme

    tax-free threshold entails an extra annual tax burden of 100 euros for families with two children... is that this will be included in the new draft bill on indirect taxes. In the 2016 budget, the Finance Ministry had included revenues of 100 million euros from a 30 percent tax on OPAP Video Lottery Terminals (VLTs

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