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Significant revenue outperformance drives budget primary surplus to 4.4 bln in 2016
EconomyMacroeconomyGreece’s budget primary surplus stood at 4.39 billion in 2016, almost double the 2015 figure of 2.27 billion, the Finance Ministry (MoF) preliminary budget execution bulletin revealed on Tuesday... (by 1.82 billion) also supported by lower Public Investment Budget (PIB) deficit (by 258 million
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Primary surplus confirmed at 6.44 bln in October on revised budget targets
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 6.44 billion euros in the first 10 months of 2018, according to the final budget execution bulletin for October published by the Finance... (YoY) rise of 20.7 percent. The targets for the budget were revised from the preliminary figures
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Newsletter 278 -14/12/2020
Budget adopted, recovery targeted Govt looking to investments and Covid-19 vaccine to underpin growth in 2019 Having secured the adoption of the 2021 budget in Parliament this week, the government... was passed with the votes of all its 158 MPs as all the opposition lawmakers voted against the budget
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2014 draft budget: An ambitious fiscal consolidation targeting a primary surplus of 1.6 pct
EconomyMacroeconomyThe Ministry of Finance (MoF) tabled the 2014 draft budget to the Greek parliament on Monday... of ambitious budget consolidation with a further cut in primary expenditure by 2.77 billion year... instalment of legal entities tax (100 million). The MoF also incorporated an unspecified amount
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Greek budget primary surplus up to 3.53 bln at end of November despite revenue shortfall
EconomyMacroeconomyGreece’s budget execution showed the primary surplus widening by 879 million euros to 3.53 billion...) preliminary budget bulletin. As a result, the year to date figure exceeded its target by 658 million... for a primary deficit of 664 million. Similarly, the 11-month budget deficit stood at 1.86 billion euros
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Lower spending, extra revenues result in budget execution beating targets in March
EconomyMacroeconomyGreece’s budget execution showed the 3-month primary surplus rose to 1.74 billion euros, up 12.6... billion, according to the Finance Ministry (MoF) preliminary budget bulletin published on Thursday... (by 1.18 billion) and higher Public Investment Budget (PIB) surplus (by 856 million) more than offsetting
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Budget primary surplus to Oct hits 6.5 bln as revenues deliver again
EconomyMacroeconomyGreece’s budget primary surplus surged 43.4 percent to 6.5 billion euros in the 10-month period of 2016 from 4.53 billion a year ago, the Finance Ministry (MoF) preliminary budget execution bulletin... to the budget over-performance in 2016. Detailed figures on the performance of the key revenue items
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Budget primary deficit at 1.13 bln in Nov as taxes continue to outperform
EconomyMacroeconomyThe budget primary balance up to November 2022 came to a deficit of 1.13 billion euros, compared... Ministry (MoF) budget execution data released on Thursday. As is the standard practice, once the final budget for the next year is submitted, the targets for the running year are revised. This means
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Strong start to budget execution in 2024 as Jan brings 2.12 bln primary surplus
EconomyMacroeconomyThe budget primary balance started the new year strongly with a surplus of 2.12 billion euros in January, according to the preliminary budget execution data released by the Finance Ministry (MoF.... Expenditure, excluding interest payments and the public investment budget, came to 3.58 billion euros. Net
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Crumbling Greek pension system threatens big fiscal gap, budget derailment
Economyto the 2016 draft budget tabled on October 5, the Finance Ministry expects SSFs to record a cash primary... contributions, increased main pension expenditure by 167 million compared to last year’s budget... included in the 2016 budget relates to the implementation of the Council of State decision that ruled
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