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  1. Greece's primary surplus: Much ado about nothing?

    Agora

    Finance Ministry in its 2014 budget, where it expected a primary surplus of 3.9 billion (2.1 percent of GDP) excl banks’ support cost under ESA95 rules. This was trimmed to 812 million (0.4 percent

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  2. Pension outlay still falling, 40.4 pct of main monthly payments below 500 euros
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    euros a month stood at 310 individuals. From the total pension claimants, roughly 1.2 million... ministers gave Greece’s 2019 budget the green light in December. The budget had included scenarios

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  3. Newsletter 191 -25/01/2018

    Newsletters

    of the “social dividend” and the backpay that was given out, it is thought that the 2018 budget... wiggle room as budget revenues are seen at the same level as in 2018 even though the economy... of over 2,500 euros a month stood at 310 individuals. From the total pension claimants, roughly 1.2

    9%
  4. Greece in 2014: The risks and opportunities of moving forward

    Agora

    with Greece’s international creditors. After achieving the largest budget deficit reduction on record... in 2009 was an equally unprecedented budget deficit of 15.7 percent, which only fully revealed... will achieve a primary budget surplus in 2013, and we will only know official figures in April 2014

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  5. The politics of debt dynamics in Greece
    Photo by MacroPolis

    Agora

    indebtedness trap. Source: Data is from the draft budget for 2015 submitted by the Greek government... to achieve a primary surplus (before interest payments) in its central budget every year, preferably... budget austerity and fundamentally reverse the working arrangements with the troika; it would also

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  6. Newsletter 253 -05/06/2020

    Newsletters

    by the EU’s Aviation Safety Agency EASA, and would be under constant review. Theoharis stressed... and safety criteria”, adding, “the EASA list is our guide”. One of the practical challenges of opening

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  7. EC report analyses state of play with privatisations as HELPE hits obstacle
    Photo via Flickr https://flic.kr/p/faksxt

    EconomyFeatures

    stage. Privatisation targets In the government’s final budget for 2019, the target for privatisations stands at 350.6 million euros. The final budget primary balance for 2018 showed that privatisation proceeds were confirmed at 234 million. In its budget targets, the Ministry of Finance (MoF

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  8. Greece and the euro: The flight of Icarus

    Agora

    ($310 billion) from its bailout is going towards repaying existing debt means the amount Greece owes... Mechanism (ESM) – a permanent crisis fund – has been given the green light, stricter budget rules

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  9. PM pledges handouts amid discontent and gripes over coronavirus strategy

    PoliticsGreek Politics

    on a proposal. However, it should be noted that since the budget is already heading for a large deficit... reached 310. Mitsotakis’s chief of staff, Akis Sketsos, indicated that the government will monitor

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  10. The demand for Greek debt relief: Is the cart being put before the horse?

    Agora

    budget surplus (before debt servicing) in 2013 (earlier than predicted) and in 2014, albeit at a lower... is the development of budget revenues used to calculate the volume of the primary surplus for the past... is an independent economic consultant and investment analyst for southeast Europe. From 2011 to 2013 he

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