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Final 2026 budget foresees stable growth and strong tax performance
EconomyMacroeconomyThe Finance Ministry tabled in Parliament on Thursday the final budget for 2026, which sees growth..., from 5.7 percent rise this year. It should be noted that in last year’s budget submission for 2025... government will land at 138.2 percent of GDP, from 145.9 percent this year. The final budget affirms
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Govt counts cost of own energy package as hopes of coordinated EU response fade
PoliticsGreek Politics1.5 billion euros from the Energy Transition Fund and 1 billion from the national budget. The latest budget figures submitted by Athens for the Stability and Growth Pact include 4.3 billion euros... an immediate embargo on Russian oil, asking for such a measure to be delayed until autumn or winter
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Revenues at 4.77 bln in Oct, beating target for fourth straight month
EconomyThe final budget execution to October confirmed preliminary figures, released by the Ministry... Budget (PIB) expenses. As a result, a Jan-Oct primary surplus of 1.09 billion and a budget deficit... - budget targets for the full year, securing the ultimate target of reaching a general government (gg
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Budget primary surplus outperforms in 2-month, tax revenues underperform in Feb
EconomyMacroeconomyThe budget primary surplus was confirmed at 2.14 billion euros in the 2-month period of 2017, down by 25.2 percent from last year’s figure of 2.85 billion, the Finance Ministry (MoF) final budget.... At the same time, tax refunds increased by 18.6 percent to 645 million in the 2-month period, 100
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Slight easing of Covid-19 data as focus turns to retail, budget
PoliticsGreek Politicsa slight easing compared to the last few weeks, when the daily death toll tended to be above 100... hirings, down by 89,008 compared to last year. Layoffs were also lower by 89,634. Budget debate... over the 2021 budget in Parliament this week before Tuesday’s vote. New Democracy will point
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Drop in revenues drives Jan central government primary cash deficit to 149 mln
EconomyMacroeconomy2015 from surplus of 812 million last year, according to the Bank of Greece (BoG). The central... items presented by the Ministry of Finance (MoF) in the budget execution bulletin are calculated... to 3.13 billion euros in January from 4.47 billion last year. The MoF preliminary budget data
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Public sector staff trends survive MoU exit, change of government
Society(an increase of over 100% over the previous low), only to reach a new high of 3,024 under ND in December 2020... is already having to revise spending and budget expectations in the short term, and is staking a lot... in early summer. In June 2019 the number of public sector contractors was 103,213 and in June 2020 it had
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Greek primary surplus at 400 mln to Oct but arrears keep piling up
EconomyMacroeconomyEAP terms and comparable to the government’s estimate of 812 million for the whole year 2013... by the troika. The state budget is the key element in the reported gg balance evolution. There is an important difference compared to the budget execution released for the same period, which relates to a cash
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Higher revenues set to ease coalition's liquidity concerns
EconomyProgrammebanks to the Hellenic Financial Stability Facility (HFSF) in 2012 and 310 million from its cash reserves. The first amount will be recorded in April’s state budget execution revenues. We understand... be reported in March’s budget execution revenues. The newspaper also noted that March revenues were
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Cost of living remains public's top worry, as government slashes green transition budget
PoliticsGreek Politicsthe opposition. The government, meanwhile, has signalled plans to halve the budget for its green transition... transition up to 2030 halved from 200 bln euros in the last version to 100 bln euros. According..., noting that it views some green technologies as too expensive for the budget to sustain. The new draft
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