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Budget passed but coalition handouts draw attention
PoliticsGreek PoliticsThe 2018 budget was approved by Parliament with no problems for the government, although it appears... announced over the last few days. The budget received 153 votes, which tallies with the number... the budget as the last of the memorandum era and highlighted positive macroeconomic data as well
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Newsletter 237 -31/01/2020
with 32 percent, 85 percent international and 16 percent from Greece. 2 Budget primary surplus at 5.02 bln in Dec Full year figure beats target by 616 million euros The budget primary balance... of 91 million noted in December 2018, the final Finance Ministry (MoF) budget execution bulletin showed
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Newsletter 45 - 02/10/2015
Hectic agenda awaits govt Draft budget for 2016 to be tabled Monday The lawmakers returned.... On Monday, Finance Minister Euclid Tsakalotos will table the 2016 draft budget. Recent media reports... of 1.3 percent. Our understanding is that this year’s budget targets should also be revisited. Last year
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Fiscal target revision shows 3.07 bln 9-month primary surplus was 1.8 bln above target
Economyposted in the 8-month, the Finance Ministry (MoF) final budget execution figures showed on Tuesday... incorporated in the 2016 draft budget tabled on October 5. In particular, the 2015 primary surplus target... (before tax refunds) by 1.05 billion to 52.12 billion and Public Investment Budget (PIB) by 304
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Primary cash surplus more than doubles to 2.8 bln in first half of 2016
EconomyMacroeconomy. The monthly balance figure also remained positive at 101 million euros in June but more than halved... to that in expenditure. Ordinary budget revenues climbed by 24.4 percent in June leading the 6-month... Budget (PIB) balance recorded a deficit of 102 million in June from surplus of 269 million last year
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General govt primary cash deficit at 7.01 bln in Sept, arrears up by 113 mln
EconomyMacroeconomybillion. Overall, the state budget primary balance showed a fall of 11.54 billion euros, landing at a deficit of 7.01 billion euros. The budget primary balance for the same time last year came...). No month-on-month change was noted for extrabudgetary funds. Tax refunds rose by 101 million MoM, and state
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Greece sizes up task of restructuring corporate debt
Economy. This corresponds to around 20 billion euros of the total outstanding loan figure of 101 billion. This 20... management of the problem via standardised procedures in an effort to find a solution at systemic... debt servicing problems. The studies presented during the workshop showed that one third of Greek
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Primary cash balance records deficit of 434 mln in first six months
EconomyMacroeconomyBudget (PIB) deficit eased to 92 million in June from 101 million a year ago. The six-month PIB balance.... As previously noted, the preliminary budget execution figures released by the Finance Ministry (MoF) revealed that the budget primary surplus rebounded by 18.6 percent to 1.94 billion during the six-month
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General govt primary cash surplus at 2.58 bln in March as revenues rise
EconomyMacroeconomymillion. The figure for the same period last year stood at 202 million. Overall, the state budget... of the six subcategories. The largest rises came from hospitals (+90 million), followed by state budget (+78... arrears fell by 144 million euros to 1.31 billion, and tax refunds by 101 million to 675 million. Since
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Vital economic legislation lined up as ND seeks compromise over diaspora vote
PoliticsGreek Politicstax and pension reforms as well as the adoption of the 2020 budget. Parliament’s full assembly... by removing some bureaucratic hurdles, while House committees are to start analysing the draft budget... prepare to share out the additional surplus from this year’s budget, which has been estimated at 380
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