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  1. Greece and troika agree 2013 primary surplus will be just 500 mln - here's why

    EconomyProgramme

    Just as the Finance Ministry in Athens announced on Wednesday a final state budget execution... government level, which includes local authorities and social security funds, the state budget... the backlog of previous years. The budget revenue numbers are also boosted by higher than expected

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  2. General government bottom line continues to improve with moderate decrease in arrears

    EconomyMacroeconomy

    of Finance (MoF). The released data incorporates SMP income of 1.5 billion recorded in the July budget... at the end of August. The state budget is the key element in the reported gg evolution. There is an important difference compared to the released budget execution for the same period, which relates

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  3. Newsletter 45 - 02/10/2015

    Newsletters

    Hectic agenda awaits govt Draft budget for 2016 to be tabled Monday The lawmakers returned.... On Monday, Finance Minister Euclid Tsakalotos will table the 2016 draft budget. Recent media reports... of 1.3 percent. Our understanding is that this year’s budget targets should also be revisited. Last year

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  4. Newsletter 85 - 05/08/2016

    Newsletters

    In a non-paper issued on Wednesday, the Finance Ministry clarified that budget revenues had beaten... cushion in the first half of the year. Although not officially announced yet, budget revenues most... into account the budget execution, we conclude that for every 3.37 billion of collected monthly

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  5. Newsletter 119 - 19/05/2017

    Newsletters

    to the fiscal forecasts and interventions for the coming years, the MTFS also updated the state budget estimates for 2017. The budget primary surplus (on a modified cash basis) for 2017 was upwardly revised by 544 million to 4.34 billion, from the figure of 3.79 billion included in the 2017 budget

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  6. Newsletter 179 -19/10/2018

    Newsletters

    submits draft budget Greece’s Statistical Authority (ELSTAT) issued its second estimate of the national... expenditure of households based on the Households Budget Survey (HBS), general government data... percent and the drop in 2016 at 1.2 percent. The government also submitted its 2019 budget

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  7. Newsletter 184 -23/11/2018

    Newsletters

    Budget aims for relief and growth Pension cuts out, Thessaloniki measures in as Brussels urges faster reforms The government submitted Greece’s first expansionary budget for many years this week... of the reforms it pledged. The budget, tabled in Parliament by Alternate Finance Minister Giorgos Houliarakis

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  8. Newsletter 275 -27/11/2020

    Newsletters

    health system. Revised 2021 budget sees bigger contraction Covid-19 leaves Greece facing 200 pct debt... 2021 budget, which was substantially revised from the draft document submitted at the start of October... budget, mostly driven by a sharp drop in private consumption by 7.6 pct, investments by 14.3 pct

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  9. Newsletter 301 - 18/06/2021

    Newsletters

    , in its latest quarterly report the Parliamentary Budget Office shifted from its previous baseline... on budget transfers for a long period of time to withstand the effects of the pandemic and this may have... tensions. 2 Budget primary shows deficit of 8.17 bln in May Expenditure excluding interest payments

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  10. RRF injection pushes primary balance above target, but regular tax revenues short by 504 mln

    EconomyMacroeconomy

    The budget primary balance recorded a deficit of 6.39 billion euros in the first eight months... Ministry (MoF) budget execution data showed on Thursday. The primary balance was above the target set... payments and the public investment budget came to 35.19 billion euros. Net revenues came to 34.68

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