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  1. Newsletter 479 - 10/10/2025

    Newsletters

    a window—however narrow—to re-enter the fray.EconomyBudgeting on a late RRF sprintThe draft budget for 2026... in the latest budget submission, with the outlook for this year’s fixed capital formation coming below..., against an estimate of growth of 8.4 pct in the budget that was submitted about a year ago

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  2. Greece's 2014 fiscal gap suddenly appears bigger, much bigger

    Economy

    Just one week after the Greek Finance Ministry submitted to Parliament the draft budget for 2014... budget. The resumption of the troika mission appears to depend on Athens doing what is necessary to close... fiscal consolidation effort worth over 4 billion euros, or 2 percent of GDP. Following Asmussen’s

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  3. Ladies and gentlemen, please fasten your seat belts
    Photo by Can Esenbel [www.mundanepleasure.com]

    Agora

    it grounded. Last week’s suggestion that Athens would have to find about 2 billion euros more.... Their pronouncements were also born of a political necessity. The 2014 draft budget already contains about 4 billion euros, or 2 percent of GDP, of measures and Samaras knows that convincing Greeks more

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  4. Newsletter 43 - 18/09/2015

    Newsletters

    the unemployment rate improved by 2 points. Primary surplus almost doubles Greece’s budget primary surplus..., the Finance Ministry has to adopt a supplementary 2015 budget, the draft 2016 budget and a 2016–19... 26.6 percent in Q1. The unemployment rate also improved by 2 points compared to the Q2 2014 rate

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  5. Greece passes latest omnibus bill, looks to next actions ahead
    Photo by MacroPolis

    EconomyProgramme

    -tranche of 2 billion euros was voted through the Greek Parliament on Thursday evening. The bill... to disburse the 2 billion euros on Monday. As we indicated on Thursday, a series of pending issues... of non-performing loans for both corporate and households. 2) An overhaul of the pension system

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  6. Asking Greece to stack more austerity measures ignores past failings
    Photo by Harry van Versendaal

    Agora

    to 2018 and commit to an added 2 percent of GDP on stand-by in the event that targets are missed... in the first quarter of 2016. Yet, the budget execution of that year missed the primary surplus... an upwards-revised surplus of 705 million euros. This meant the target was missed by more than 2

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  7. Newsletter 78 - 17/06/2016

    Newsletters

    if the primary surplus target of 3.5 percent is reduced to 2 percent after 2018, Greece’s debt is BoG concludes that even if primary surplus target of 3.5 percent is reduced to 2 percent after 2018... approval from the ECB’s Single Supervisory Mechanism (SSM). The budget execution for the 5-month

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  8. Primary surplus confirmed at 4.80 bln on lower tax refunds and public investments
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The budget primary balance was confirmed at a surplus of 4.80 billion euros in the first nine months of 2018, according to the final budget execution bulletin for September published by the Finance... billion seen in August. The balance for the same month last year came to 998 million euros. The budget

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  9. Newsletter 335 - 15/04/2022

    Newsletters

    the ordinary budget. It was not until a couple of weeks ago that a more comprehensive package was announced, which is expected to affect the budget by roughly 700 million euros. The concerns... servicing. The Finance Ministry submitted last week a supplementary budget of 2.5 billion euros, to have

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  10. Newsletter 336 - 06/05/2022

    Newsletters

    now will be primarily checked against the budget and growth performance in the coming period... that the authorities submitted to Brussels last week. The deficit will only stretch to 2 pct of GDP, from 1.4 pct envisaged in the budget. The spending on energy support initiatives are earmarked

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