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  1. Budget primary surplus confirmed at 1.85 bln in January
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    The budget primary balance was confirmed at a surplus of 1.85 billion euros in the first month of 2018, beating the forecast by 1.13 billion euros, the Finance Ministry (MoF) final budget execution bulletin revealed on Monday. The driving factor was a combination of a fall in expenditure and a rise

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  2. As budget talks drag on, parties focus on inflicting damage via graft claims

    PoliticsGreek Politics

    not lead to a firm decision regarding the 2019 draft budget that Greece submitted to the European... that the European Commission has not made any objections to the draft budget. Given, though, that talks

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  3. Athens ready to start legislating fiscal measures despite ongoing talks over 2019 budget
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    All eyes will be on the dispute of Italy’s budget at Monday’s Eurogroup, but in Greece the government is preparing to start legislating fiscal measures even though the disagreement over its own... subsidy scheme are seen more as handouts, the report suggested. According to the draft budget

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  4. Budget primary surplus beats Jan target by 706 mln on significant underspend
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s Finance Ministry issued on Friday the first budget execution update for 2019, with the preliminary data showing that the primary surplus settled at 603 million euros, against a deficit... on the budget execution is expected on January 25.

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  5. Budget primary balance confirmed at 729 mln in January
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The budget primary balance was confirmed at a primary surplus of 729 million euros in the first month of 2019, beating the forecast by 832 million euros, the Finance Ministry (MoF) final budget execution bulletin revealed on Tuesday. In the same period last year, the primary surplus came to 1.80

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  6. Brussels gives Athens thumbs-up for reforms and budget
    Photo by TP via Flickr https://flic.kr/p/5WRaRc

    EconomyProgramme

    , the Commission also approved Greece’s draft budget as it complies with the post-programme fiscal commitment... the final budget in Parliament on Thursday. The vote is expected to be voted next month.

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  7. Greece braces for deeper Covid-19 impact on economy, budget and public debt
    Photo by MacroPolis

    Economy

    The Finance Ministry is gradually accepting that the impact of Covid-19 in Greece will exact a heavy toll on the economy and the budget, with implications for the country’s public debt. Earlier... of the Finance Ministry budget by 5 billion euros. It is near certain that these support measures will need

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  8. IMF sees 2020 GDP contraction at 10 pct, budget deficit at 9 pct due to virus impact
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    . The crisis is set to deal a major blow to the budget, leading a deficit of -9 pct of GDP this year... admitted that only up to May the hit to the budget would reach 14 billion euros. This is before

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  9. Parties clash ahead of budget vote, govt looks to ease holiday lockdown for churches

    PoliticsGreek Politics

    The debate over the government’s economic response to the pandemic is expected to reach a crescendo on Tuesday as Parliament approaches its vote on next year’s budget. In the opening sessions, government ministers presented key sections of the budget and came in for aggressive questioning from

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  10. FinMin tables recovery budget, foreseeing across-the-board improvement in key numbers
    Photo by MacroPolis

    EconomyMacroeconomy

    The Finance Ministry submitted to Parliament on Monday the draft budget for 2022 in which Greece is seen leaving behind the impact of the pandemic. The nominal GDP is expected to recover above the pre-pandemic levels of 2019 and the budget paves the way for a narrowing of the excessive deficits

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