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  1. Budget primary shows deficit of 9.09 bln in June, beating target
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance recorded a deficit of 9.09 billion euros in the first half of 2021...) budget execution bulletin for June showed on Thursday. The primary balance was above the target... payments and the public investment budget came to 26.7 billion euros. Net revenues came to 22

    36%
  2. Budget primary shows deficit of 9.08 bln in July, beating revised target despite revenue shortfall
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance recorded a deficit of 9.08 billion euros in the first seven months... Ministry (MoF) budget execution bulletin for July showed on Monday. The primary balance was above... interest payments and the public investment budget came to 30.9 billion euros. Net revenues came to 27

    36%
  3. Newsletter 269 -16/10/2020

    Newsletters

    is also reflected in the draft budget for next year, which envisions a recession of 8.2 pct in 2020. Other analysts, including the Parliamentary Budget Office, see the disappointing tourism season... of GDP this year and to remain above 200 pct in 2021 as well. It will resume its prior downward path

    36%
  4. Greece closes 2013 with 691 mln budget primary surplus despite late investment spend

    EconomyMacroeconomy

    Greece’s 2013 budget execution showed a primary surplus of 691 million euros (0.4 percent of GDP... of Finance (MoF) on Tuesday. The state budget deficit narrowed 65.9 percent to 5.35 billion (2.9..., the MoF reported a large part of the Public Investment Budget (PIB) expenditure in the last month

    35%
  5. Budget primary surplus to Oct confirmed at 6.5 bln, 2.9 bln above revised target
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s budget primary surplus was confirmed at 6.5 billion euros in the 10-month period of 2016 from 4.53 billion a year ago, the Finance Ministry (MoF) final budget execution bulletin showed on Thursday. Following the tabling of the 2017 budget in Parliament last Monday, the Finance Ministry

    35%
  6. Final budget sees strong growth, fiscal overperformance in 2018
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The Finance Ministry tabled in Parliament on Tuesday evening the final version of the 2018 budget, which the government hopes will be the last budget of the memorandum era as the current European... budget had included a forecast for 2.7 percent expansion. Following a substantial revision

    35%
  7. Public investment under spotlight amid arguments over budget execution
    Photo by MacroPolis

    EconomyMacroeconomy

    investment spending appear higher at state budget level than it was. In a statement accompanying the preliminary budget release for December, Deputy Finance Minister Theodoros Skylakakis claimed that the Public Investment Budget (PIB) execution last year was better than 2018 because in the previous

    35%
  8. Budget primary balance dips to deficit of 1.51 bln in April on Covid-19 measures
    Photo by Manolis Tsafos/Fosphotos

    EconomyMacroeconomy

    The budget primary balance recorded a deficit of 1.51 billion euros in the first four months...) budget execution bulletin for April showed on Friday. The primary surplus was below its target.... For the same month last year, the primary surplus stood at 20 million euros. The budget balance

    35%
  9. Budget primary deficit of 4.80 bln confirmed for May as Covid-19 measures hit
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance recorded a deficit of 4.84 billion euros in the first five months of 2020, compared to a surplus of 916 million noted in May 2019, the final Finance Ministry (MoF) budget execution bulletin for May showed on Thursday. The budget for May has been widely considered

    35%
  10. Budget primary shows deficit of 5.86 bln in June, target shortfall widens to 6.18 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance recorded a deficit of 5.86 billion euros in the first half of 2020, compared to a surplus of 381 million noted in June 2019, the preliminary Finance Ministry (MoF) budget.... For the same month last year, the primary deficit came to 535 million euros. The budget balance

    35%