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  1. On Portugal, PSI and a national salvation pact

    Agora

    interest expense (called a primary budget surplus) of €7.2 billion a year or whatever amount... a primary budget surplus of 4.3% of GDP. Portugal has had a negative primary budget balance for over 15 consecutive years. The highest primary budget surplus ever realized over the past 36 years

    13%

  2. Central gov't cash deficit shrinks to 1.27 bln in April

    EconomyMacroeconomy

    the respective MoF numbers for the budget execution are disclosed on a modified cash basis. Cash revenues... percent drop. The respective 4-month budget item stood at 13.84 billion, corresponding to a deviation... at a much slower pace by 3.2 percent to 16.13 billion. The respective 4-month budget figure stood

    13%

  3. BoG sees central gov't primary surplus to May at 1.06 bln on cash basis

    EconomyMacroeconomy

    basis, while the Ministry of Finance (MoF) respective items included in the budget execution bulletin.... The respective 5-month budget figure stood at 17.31 billion euros, corresponding to a deviation of 486 million... smoother drop by 7.3 percent to 19.58 billion. The respective 5-month budget item stood at 19.81

    13%

  4. Central gov't primary cash surplus reaches 1.37 billion in first half of year

    EconomyMacroeconomy

    (MoF) budget execution bulletin are reported on a modified cash basis. Cash revenues in the first half... revenue growth of 16 percent in June. The 6-month budget figure stood at 20.65 billion euros... a single-digit drop of 6.5 percent to 23.44 billion. The respective 5-month budget figure stood

    13%

  5. September revenues drive 9-month Greek primary surplus up to 2.53 bln

    Economy

    Greece’s budget execution showed the primary surplus widening to 2.53 billion euros in the 9-month... to higher revenues by almost 1 billion MoM. The 9-month budget deficit stood at 2.29 billion euros... primary and budget balances continue to outperform targets in the 9-month period by 979 million

    13%

  6. Collapse in revenues brings 2014 primary surplus to 1.9 bln, 3 bln short of target
    Photo by MacroPolis

    Economy

    Greece’s budget execution displayed the primary surplus significantly narrowing by 1.64 billion..., according to the Finance Ministry (MoF) preliminary budget bulletin published today. More importantly... Investment Budget (PIB) expenditure (+1.6 billion MoM). For the full year, the actual figures showed

    13%

  7. Primary surplus at 1.24 bln in Feb on lower spending and recovering revenues

    Economy

    Greece’s budget execution showed the year to date primary surplus stood at 1.24 billion euros... million from 1.37 billion in January, according to the Finance Ministry (MoF) preliminary budget... to lower primary expenditure by 538 million euros a a higher Public Investment Budget balance

    13%

  8. Central gov't cash surplus reaches 1.19 bln in Q1, up 54.3 pct YoY

    EconomyMacroeconomy

    the respective items included in the budget execution bulletin published by Ministry of Finance... the figures not directly comparable The MoF budget primary surplus of 1.74 billion in Q1 is higher by 483... budget revenues (by 525 million) and change in state accounts with the BoG (204 million

    13%

  9. Primary cash surplus reaches 1.05 bln at end of April

    EconomyMacroeconomy

    items recorded in the Finance Ministry (MoF) budget execution bulletin are on a modified cash basis... comparable. That said, the reported by the MoF budget primary surplus of 2.16 billion in the 4-month... higher budget revenues (by 824 million) and expenditure (by 367 million) coupled with change

    13%

  10. Greek primary cash surplus at 1.07 billion at end-May on lower expenditure
    Photo by MacroPolis

    EconomyMacroeconomy

    budget execution bulletin by the Finance Ministry (MoF) are on a modified cash basis. Taking also.... The budget primary surplus of 1.51 billion for the 5-month period as reported by the MoF is higher by 386 million compared to the BoG primary cash surplus of 1.07 billion. This mainly reflects higher budget

    13%