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Budget primary surplus jumps to 1.19 bln in Jan, largely on rising PIB revenues
EconomyMacroeconomyConfirming preliminary data, Greece’s budget primary surplus improved to 1.19 billion in January from 443 million last year, the Finance Ministry (MoF) final budget bulletin showed on Friday. The notable rise largely reflects a sharp increase in the Public Investment Budget (PIB) surplus to 431
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Budget revenues rebound in August but shortfall remains at 4.2 bln
EconomyMacroeconomyGreece’s budget primary surplus almost doubled to 3.8 billion euros in the 8-month period of 2015 from 1.95 billion euros last year, the Finance Ministry (MoF) preliminary budget figures showed...) as well as higher Public Investment Budget (PIB) balance (by 1.44 billion) more than offsetting
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Greek 2016 draft budget contains 6.4 bln in new fiscal measures, sees recession ahead
EconomyMacroeconomyThe Greek Finance Ministry (MoF) submitted the 2016 draft budget to Parliament on Monday evening... at 173.74 billion euros for 2015, 6 percent lower than last year’s budget and 3 percent below 2014 figure...) signed with the eurozone in mid-August. Budget revenues this year were downward adjusted by 1.82
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Significant revenue outperformance drives budget primary surplus to 4.4 bln in 2016
EconomyMacroeconomyGreece’s budget primary surplus stood at 4.39 billion in 2016, almost double the 2015 figure of 2.27 billion, the Finance Ministry (MoF) preliminary budget execution bulletin revealed on Tuesday... (by 1.82 billion) also supported by lower Public Investment Budget (PIB) deficit (by 258 million
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Primary surplus confirmed at 6.44 bln in October on revised budget targets
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 6.44 billion euros in the first 10 months of 2018, according to the final budget execution bulletin for October published by the Finance... (YoY) rise of 20.7 percent. The targets for the budget were revised from the preliminary figures
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Newsletter 278 -14/12/2020
Budget adopted, recovery targeted Govt looking to investments and Covid-19 vaccine to underpin growth in 2019 Having secured the adoption of the 2021 budget in Parliament this week, the government... was passed with the votes of all its 158 MPs as all the opposition lawmakers voted against the budget
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2014 draft budget: An ambitious fiscal consolidation targeting a primary surplus of 1.6 pct
EconomyMacroeconomyThe Ministry of Finance (MoF) tabled the 2014 draft budget to the Greek parliament on Monday... of ambitious budget consolidation with a further cut in primary expenditure by 2.77 billion year... instalment of legal entities tax (100 million). The MoF also incorporated an unspecified amount
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Greek budget primary surplus up to 3.53 bln at end of November despite revenue shortfall
EconomyMacroeconomyGreece’s budget execution showed the primary surplus widening by 879 million euros to 3.53 billion...) preliminary budget bulletin. As a result, the year to date figure exceeded its target by 658 million... for a primary deficit of 664 million. Similarly, the 11-month budget deficit stood at 1.86 billion euros
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Lower spending, extra revenues result in budget execution beating targets in March
EconomyMacroeconomyGreece’s budget execution showed the 3-month primary surplus rose to 1.74 billion euros, up 12.6... billion, according to the Finance Ministry (MoF) preliminary budget bulletin published on Thursday... (by 1.18 billion) and higher Public Investment Budget (PIB) surplus (by 856 million) more than offsetting
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Budget primary surplus to Oct hits 6.5 bln as revenues deliver again
EconomyMacroeconomyGreece’s budget primary surplus surged 43.4 percent to 6.5 billion euros in the 10-month period of 2016 from 4.53 billion a year ago, the Finance Ministry (MoF) preliminary budget execution bulletin... to the budget over-performance in 2016. Detailed figures on the performance of the key revenue items
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