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Newsletter 280 -15/01/2020
, the employment balance showed that there were 93,003 more hirings than firings. However, compared to 2019... little appetite for going to the polls again less than half way into the government’s term..., the state budget primary balance showed a fall of 21.03 billion euros, landing at a deficit of 13.75
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Macroeconomic fundamentals for Greece
Agora. And, what should be the fiscal primary balance that aligns with the need to bring down the towering debt... WWII. Note also that the WAP increased faster than the overall population before 2000... see the reverse. The WAP declines faster than the population, because of “aging” as the cohorts
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Newsletter 84 - 29/07/2016
by provisions of 101 billion, of which 31.9 billion related to PSI, more than offsetting operating..., while positive flow of households stood at 368 million. Nevertheless, the deposit balance has remained... that beat the target by more than 1 billion. It is worth noting that tax revenues surged 38.8 percent
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Primary surplus 3.1 bln above target in H1 on severe underspend
EconomyMacroeconomyInvestment Budget (PIB) balance (by 1.81 billion) more than offsetting a revenue gap of 1.67 billion... expenditure was surprisingly 961 million better than target and PIB balance 700 million above target leading... than target. In the absence of SMPA and ANFA income in May and June, the respective 6-month figure
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Budget execution improves significantly in Oct, primary surplus reaches 4.53 bln
EconomyMacroeconomyGreece’s budget primary balance displayed a surplus of 1.46 billion euros in October from a deficit..., up by almost 71 percent compared to last year’s figure. In addition, the year to date balance... (by 2.82 billion), higher Public Investment Budget (PIB) balance (by 821 million) and lower tax refunds
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Newsletter 71 - 22/04/2016
of 2015 fiscal data that showed the general government primary balance (under ESA) recorded... for 2015 is above the recent government estimate of 0.2 percent and much better than the programme... the institutions that there is no urgent need for the legislation of contingency measures worth more than 3
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Five-month budget primary surplus of 2.27 bln, revenues outperform in May
EconomyMacroeconomybillion, 371 million lower than target. Overall, the 5-month PIB balance posted a surplus of 831 million... by more than 50 percent from last year’s figure of 1.51 billion, the Finance Ministry (MoF) preliminary... billion less than the target, while revenues (before tax refunds) beat the target by 879 million
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Significant revenue outperformance drives budget primary surplus to 4.4 bln in 2016
EconomyMacroeconomybalance recorded a huge deficit of 1.93 billion in December, higher than that of 1.78 billion posted... million lower than target. As a result, PIB balance for 2016 recorded a deficit of 2.11 billion, from...) and underspend (by 246 million). As expected, the monthly primary balance turned negative recording
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Five-month budget primary surplus confirmed at 1.84 bln, beats target by 790 mln
EconomyMacroeconomyunderspend, with primary expenditure coming in 791 million lower than target. The monthly primary balance remained positive for the second successive month, albeit slowing to 114 million in May from 656 million in April. Moreover, the budget balance recorded a deficit of 1.24 billion in the 5-month
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Newsletter 205 -10/05/2019
than enthusiastic response to the interventions from Greece’s lenders, who were in Athens.... For pensioners earning more than 1,000 euros, the rate will be 30 percent. Achtsioglou said... less than 500 euros a month) and that the legislation to be submitted to Parliament later this month
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