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  1. Newsletter 282 -29/01/2021

    Newsletters

    basis points to 100 basis points. At the close, offers exceeded 29 billion euros, excluding the offers... this year at regular intervals. 2 Budget primary at deficit of 18.20 bln in 2020 Primary balance lands above target by 1.43 billion for the year The budget primary balance recorded a deficit of 18.20

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  2. ND denies plans to bring in more MPs as Mitsotakis waits to see impact of new measures
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    In the wake of Sunday’s budget vote in Parliament, New Democracy has ruled out the possibility... to its parliamentary group. The aftermath of the budget vote saw the media focus on the set of voter... lawmaker who backed the budget, Lefteris Avgenakis. The Cretan politician was expelled from ND’s

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  3. Newsletter 103 - 20/01/2017

    Newsletters

    on TrainOSE’s debt to OSE, amounting to more than 700 million, is pending. 2 Budget primary surplus almost... reading in 2016. The budget primary surplus stood at 4.39 billion euros in 2016, almost double the 2015 figure of 2.27 billion, according to the preliminary budget execution bulletin published

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  4. Newsletter 107 - 17/02/2017

    Newsletters

    review The budget primary balance recorded a surplus of 1.02 billion euros in January, according to the Finance Ministry (MoF) preliminary budget execution bulletin. The primary surplus outperformed... million), while primary expenditure and the public investment budget (PIB) balance came in 58 and 41

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  5. Moody's explains cautious approach to Greek credit rating upgrade
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    this month, with the focus on the 2019 budget and the continuing implementation of the banking sector's strategy for resolving its non-performing exposures. Budget execution Moody’s believes that the budget execution remains solid and given continued overperformance next year, the Greek authorities

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  6. Newsletter 178 -12/10/2018

    Newsletters

    in the last quarter of this year, expecting the Greek economy to grow by 2.2 percent, from 2.7 percent... updated fiscal projections for Greece. For this year, the Fund sees the overall budget balance... procedure since the programme completion last August. For 2019, the Fund sees the budget in complete

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  7. Fourth review talks conclude with fiscal differences remaining
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    as the fourth post-programme moves on to the next stage. This involves a draft budget for next year..., the inclusion of the SMP and ANFA profits into the budget seems to be set aside at the moment... conservative view, in line with the European Commission’s current estimate of 2.2 percent growth

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  8. GDP rises by 0.6 pct QoQ in Q3, increases by 2.3 pct YoY
    Photo by MacroPolis

    EconomyMacroeconomy

    around 20 percent of the total. In the final budget for 2020 submitted to Parliament, the Ministry.... The 2020 budget anticipates gross fixed capital formation rising by 8.8 percent this year and by 13.4... receipts rose by 14 percent to 16.09 billion euros. According to the latest budget, exports of goods

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  9. Newsletter 350 - 09/09/2022

    Newsletters

    of the measures. The government is still aiming to trim the primary budget deficit to 2 pct of GDP... could cost the budget more than 10 billion euros, when Greece has already allocated the largest... in the submission of the draft budget in approximately four weeks. Greece is hoping that in the meantime, and until

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  10. Addressing some misconceptions about Greek budget revenues and unpaid taxes

    Agora

    The evolution of budget revenues and unpaid taxes are among the main topics of discussion in the context of Greece's fiscal consolidation but are also often open to misinterpretation. In 2015, a year... that budget revenues would miss their targets. Indeed, the latest budget execution bulletin showed

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