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Newsletter 31 - 19/06/2015
40.8 percent in Q1, up from from 39.9 percent in Q4. In absolute numbers, NPEs exceeded 100 billion... NPE exposure of 100 million, banks would have to set aside about 44 million in loan provisions..., spending miss targets Greece’s budget execution showed that the 5-month primary surplus more than doubled
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Newsletter 4 - 21/11/2014
percent incorporated in the medium-term fiscal strategy (MTFS) and the 2 percent in the draft budget... taxes in up to 100 instalments. The Finance Ministry believes the payment plan could have a positive... months of this year, a rate of less than 150 million per month. The 2015 budget tabled in parliament
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Newsletter 229 -22/11/2019
budget is tabled Completing the fourth enhanced surveillance review proved smooth sailing for the Greek... Greece’s draft budget as it complies with the post-programme fiscal commitment of a primary surplus... rate terms. Under the baseline scenario the debt is in a downward trend that keeps it above 100
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Budget primary confirmed at deficit of 5.48 bln in August
EconomyMacroeconomyThe budget primary balance recorded a deficit of 5.48 billion euros in the first eight months...) budget execution bulletin for August showed on Friday. The primary surplus was below its target by 6.67.... For the same month last year, the primary deficit came to 1.14 billion euros. The budget balance
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Budget primary confirmed at deficit of 18.20 bln in 2020
EconomyMacroeconomyThe budget primary balance recorded a deficit of 18.20 billion euros in 2020, compared to a surplus of 5.02 billion noted in 2019, the final Finance Ministry (MoF) budget execution bulletin... month of 2019, the primary deficit came to 1.93 billion euros. The budget balance in 2020 recorded
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Newsletter 255 -26/06/2020
Kathimerini, the government is looking for 2 billion euros fiscal space so it can get back on track... to make these interventions. It will have to agree to a primary surplus target of less than 2 percent of GDP next year. Kathimerini suggested that the draft budget being put together for 2021 could aim
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Newsletter 285 - 19/02/2021
wildfire in 2018, which resulted in the deaths of more than 100 people. At the time, New Democracy... they burnt 100 people,” said the minister. His comment provoked a furious response from SYRIZA. Raised.... Budget off to rocky start in January Amid crisis-fighting, MoF presses ahead with plans to lure
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Greek primary budget surplus rises to 2.53 bln at end of September
EconomyGreece’s budget execution showed the primary surplus widening to 2.53 billion euros in the 9-month... compared to August. The 9-month budget deficit stood at 2.29 billion euros, also displaying a better... reflects lower MoM interest payments in September. Both 9-month primary and budget balances continue
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Budget primary surplus of 2.1 bln in 2-month on large underspend in Feb
EconomyMacroeconomyThe budget primary balance posted a surplus of 2.12 billion euros in the 2-month period of 2017..., the Finance Ministry’s (MoF) preliminary budget execution bulletin revealed on Tuesday. This year’s... in February with the 2-month figure up by 18.6 percent to 645 million, which was 100 million above
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Athens preparing to present budget plans to lenders after tax cut pledges
EconomyProgramme. The Finance Ministry has been working on the draft 2020 budget, which it has to submit to the European... to 5 percent will have a fiscal impact of 100 million euros. Reducing the introductory income tax..., been collected so far. The government has already pointed out to the local media that budget revenues
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