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Newsletter 212 -28/06/2019
The budget primary balance recorded a surplus of 916 million euros in the first five months of 2019, compared to a surplus of 853 million noted in May 2018, the Finance Ministry’s (MoF) final budget.... As of June’s reading, the index has remained above 100 points for five consecutive months. Compared
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The main economic challenges that will define the Mitsotakis reign
Agora-election pledges. Mitsotakis is banking on higher growth to boost budget revenues and hopes that through..., it will take time for this to be reflected in the budget and it is highly unlikely that any eurozone... from over 100 billion at their peak and there is now a full framework in place to manage distressed
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Greece takes stock of measures to mitigate Covid-19 impact after Eurogroup reaches deal on latest batch
Economyof a temporary instrument, known as SURE, by the European Commission to provide loans totalling up to 100... of such a fund, including its relation to the EU budget, its sources of financing and on innovative financial... could fetch up to 2 billion euros. The Finance Ministry is in a tight spot as the budget is already
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Montenegro's vaccination adventure: Lord, bless us with good health
Agorainhabitants. When the number of hospitalized persons per 100 thousand citizens is taken into account... in the elections. This brought about months of negotiations, delays (the 2021 budget has not been..., as far as the exact price is concerned, there is no information so far. The budget has not been
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PM banks on firms bouncing back after lockdown as SYRIZA decries immunity for Covid panel
PoliticsGreek Politicsbudget. Mitsotakis argued that Greece’s economy has not suffered significant permanent damage due... to 55 pct, from 100 pct, and for legal entities to 70 pct this year and permanently to 80 pct from... is also being extended into 2022. Reducing the tax advance and tax rates will cost the budget 900
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PBO ups growth estimate to 3.6-4.8 pct, warns of complacency and inequality risks
EconomyMacroeconomyby 2.3 pct on an annual basis, in its latest quarterly report the Parliamentary Budget Office... is the issue of the 10-year bond, which saw the spread over German sovereign debt drop below 100 basis... policy. Businesses relied on budget transfers for a long period of time to withstand the effects
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Newsletter 326 - 28/01/2022
last year. It should be noted that this year’s budget projects revenues being 70 million euros lower..., had suggested that touching VAT for bread alone could cost the budget 160 million euros. During... in a working-class neighborhood will see savings of less than 100 euros annually, barely enough to move
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Newsletter 327 - 11/02/2022
of the pandemic, with the 7-day average peaking at 104 at the start of February compared to 100... to present a budget at the end of this year that will lead to a surplus, even if it is not at 2 pct... by next year being an election year in Greece. Even if the budget runs just on target and produces
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Central govt primary cash deficit narrows appreciably to 429 mln in Jan
EconomyMacroeconomylast year. The breakdown showed that in January, revenues rose by roughly 100 million euros year... Investment Budget (PIB) balance came to a deficit of 543 million euros compared to a deficit of 750 million in January last year. The Finance Ministry released its own preliminary budget this week
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Newsletter 332 - 18/03/2022
Budget Office (PBO) analysed the impact of the inflation pressures and the conflict in Ukraine... increasing by 50 pct, natural gas prices higher by 100 dollars and a 2 percentage points rise... it vulnerable to market turbulence. The war in Ukraine is expected to put pressure on the budget, both
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