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Newsletter 107 - 17/02/2017
adopting in its winter forecasts the Greek outlook for a 2016 primary surplus of (at least) 2 percent... the Fund before these dates. The IMF believes that Greece has to adopt 2 percent of GDP (or 3.6 billion... review The budget primary balance recorded a surplus of 1.02 billion euros in January, according
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Newsletter 131 -15/09/2017
of issues on his mind. One of his key headaches is on the fiscal side. Budget execution figures... showed that unpaid taxes shot up by just over 2 billion euros in July compared to a rise of 727 million... Eurosystem funding falls by 5.1 bln The budget primary balance recorded a surplus of 3.55 billion euros
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Newsletter 226 -01/11/2019
risen is that the previous auction of 26-week T-bills on October 2 for the same amount produced a yield... below the 2 percent threshold, and only the 25-year benchmark marginally over at 2.12 percent..., compared to 3.38 percent six months ago. In the draft budget tabled in Parliament earlier this month
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Govt weighs escalating impact of Ukraine war on public finances
PoliticsGreek PoliticsThe government is racing to keep up with estimates of the impact of war in Ukraine on the budget..., the average price of unleaded fuel at the pump is expected to cross the threshold of 2 euros/litre. More... Christos Staikouras said on Sunday that it is inevitable that the ordinary budget will have to step
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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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