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Newsletter 350 - 09/09/2022
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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Addressing some misconceptions about Greek budget revenues and unpaid taxes
AgoraThe 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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Budget primary surplus to Sept surges to 5.44 bln on solid tax revenues
EconomyMacroeconomyGreece’s budget primary surplus surged by more than 77 percent to 5.44 billion euros in the 9-month period of 2016 from 2.27 billion a year ago, according to the Finance Ministry (MoF) final budget...) and higher revenues (by 1.54 billion), while the Public Investment Budget (PIB) balance fell short
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Jan-Nov budget primary surplus surges to 7.4 bln on solid revenue performance
EconomyMacroeconomyGreece’s budget primary surplus jumped to 7.42 billion euros in the 11-month period of 2016, up by almost 71 percent from last year’s figure of 4.34 billion, the Finance Ministry (MoF) final budget.... This is attributed to revenue outperformance (by 1.28 billion), a notably lower Public Investment Budget
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Budget execution starts 2017 with primary balance outperformance on target-beating revenues
EconomyMacroeconomyThe budget primary balance recorded a surplus of 1.02 billion euros in the first month of 2017, broadly similar to that posted a year ago, the Finance Ministry (MoF) preliminary budget execution... Investment Budget (PIB) balance came in 58 and 41 million lower than target. In addition, the state
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Budget primary surplus at 1 bln in Jan as tax revenues outperform
EconomyMacroeconomyThe budget primary surplus was confirmed at 1.02 billion euros in the first month of 2017, broadly stable from last year, according to the Finance Ministry (MoF) final budget execution bulletin... expenditure and Public Investment Budget (PIB) balance came in 58 and 41 million lower than target
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Finance Ministry details impact of pension interventions, sees 2021 social budget surplus at 3.17 bln
EconomyProgrammepension reform climbs to 6.58 billion until 2021. Social budget According to the social budget included... of the social budget would have reached only 462 million in 2021.
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Budget execution makes positive start to 2018 with 1.88 bln primary surplus
EconomyMacroeconomyThe budget primary balance recorded a surplus of 1.88 billion euros in the first month of 2018, beating the forecast by 1.16 billion euros, the Finance Ministry (MoF) preliminary budget execution... million. A complete breakdown of revenues will be provided in the final budget execution bulletin due
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Budget primary surplus confirmed at 2.75 bln in February
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 2.75 billion euros in the first two months... (MoF) final budget execution bulletin showed on Monday. The primary surplus surpassed its target... that noted in February 2017. The budget balance in the first two months of 2018 recorded a surplus of 1.54
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Budget primary surplus confirmed at 2.37 bln in March, above target by 1.27 bln
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 2.37 billion euros in the first three... (MoF) final budget execution bulletin for March showed on Tuesday. The primary surplus surpassed its... improved strongly against the deficit for the same time last year which came to 1.07 billion. The budget
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