Search
-
Parliament's budget office stresses need for reform, protecting growth prospects
EconomyMacroeconomyThe need for adjustment to return to growth and the importance of implementing are among the key highlights of the quarterly report of the Parliamentary Budget Office (PBO). The third memorandum... budget, similar to those implemented in the previous crisis years, hamper growth prospects. The report
4% -
Parliament's budget office sees obstacles to recovery, warns on private debt
EconomyMacroeconomyIn its quarterly report published on Monday, the Parliamentary Budget Office (PBO) notes that the macroeconomic developments in Greece in the third quarter (Q3) sent mixed signals. In particular... in its interim report published on October 19 that showed the 2017 draft budget is expected to have
4% -
Parliament Budget Office welcomes deal, warns on economic prospects and reform implementation
EconomyMacroeconomyto capital markets, according to the Parliament Budget Office's (PBO) first quarter (Q1) report... it is sustainable and did not result from a growing economy. Pressure on the budget over the medium and long
4% -
Budget primary surplus confirmed at 1.85 bln in January
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 1.85 billion euros in the first month of 2018, beating the forecast by 1.13 billion euros, the Finance Ministry (MoF) final budget execution bulletin revealed on Monday. The driving factor was a combination of a fall in expenditure and a rise
4% -
As budget talks drag on, parties focus on inflicting damage via graft claims
PoliticsGreek Politicsnot lead to a firm decision regarding the 2019 draft budget that Greece submitted to the European... that the European Commission has not made any objections to the draft budget. Given, though, that talks
4% -
Athens ready to start legislating fiscal measures despite ongoing talks over 2019 budget
EconomyProgrammeAll eyes will be on the dispute of Italy’s budget at Monday’s Eurogroup, but in Greece the government is preparing to start legislating fiscal measures even though the disagreement over its own... subsidy scheme are seen more as handouts, the report suggested. According to the draft budget
4% -
Budget primary surplus beats Jan target by 706 mln on significant underspend
EconomyMacroeconomyGreece’s Finance Ministry issued on Friday the first budget execution update for 2019, with the preliminary data showing that the primary surplus settled at 603 million euros, against a deficit... on the budget execution is expected on January 25.
4% -
Budget primary balance confirmed at 729 mln in January
EconomyMacroeconomyThe budget primary balance was confirmed at a primary surplus of 729 million euros in the first month of 2019, beating the forecast by 832 million euros, the Finance Ministry (MoF) final budget execution bulletin revealed on Tuesday. In the same period last year, the primary surplus came to 1.80
4% -
Athens buoyed by conclusion of budget talks but IMF lowers growth forecasts
EconomyMacroeconomyThe government submitted to the European Commission on Tuesday the draft 2020 budget after negotiations over the fiscal gap reportedly concluded successfully but, at the same time, the International... as the January-September budget execution figures showed that there was a strong fiscal outperformance
4% -
Brussels gives Athens thumbs-up for reforms and budget
EconomyProgramme, the Commission also approved Greece’s draft budget as it complies with the post-programme fiscal commitment... the final budget in Parliament on Thursday. The vote is expected to be voted next month.
4%