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Strong tax revenues, major underspend lead primary surplus 3.57 bln above target in Aug
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 8.5 billion euros up to August, compared... Ministry (MoF) budget execution data released on Thursday. In the period, the budget primary balance... and the public investment budget, came to 34.87 billion euros. Net revenues came to 48.46 billion euros
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Newsletter 479 - 10/10/2025
a window—however narrow—to re-enter the fray.EconomyBudgeting on a late RRF sprintThe draft budget for 2026... in the latest budget submission, with the outlook for this year’s fixed capital formation coming below..., against an estimate of growth of 8.4 pct in the budget that was submitted about a year ago
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Government budgeting on a late RRF sprint
EconomyMacroeconomyThe draft budget for 2026 tabled in Parliament last week contained interesting signals for further... in previous years was affirmed in the latest budget submission, with the outlook for this year’s fixed... to grow by 5.7 pct this year, against an estimate of growth of 8.4 pct in the budget that was submitted
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Tax collections and contained spending take primary surplus 4.15 bln above target in Sep
EconomyMacroeconomyThe budget primary balance produced a surplus of 9.36 billion euros up to September, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Wednesday... and the public investment budget, came to 39.56 billion euros. Net revenues were 54.57 billion euros
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Revenues beat target for third straight month, put primary surplus in sight
EconomyThe budget execution to September showed revenues beating monthly targets by 339 million euros... Investment Budget (PIB) revenues of 2.2 billion. Nevertheless, a Jan-Sep primary surplus of 1.12 billion and a budget deficit of 4.17 billion widened target outperformance to 4.0 billion at the end
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Direct taxes jump by 46 pct to help Sept. revenues beat target for third month in row
EconomyThe budget execution to September showed revenues beating monthly targets by 339 million euros... significantly boosted by cumulative Public Investment Budget (PIB) revenues of 2.2 billion. Nevertheless, a Jan-Sep primary surplus of 1.13 billion and a budget deficit of 4.16 billion widened target
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How big is Greek fiscal gap? Will cuts be needed? Here's our Q&A
PoliticsGreek Politicsto Athens having to find more budget savings next year. Going into the EU Council meetings, the talk... eurocrats and troika whisperers, however, talk of €2 billion for 2014 budget. #Greece — Juergen Baetz... to their organization's budget. Some tweaks to the social security system will also be made. The Labor
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Greek primary surplus at 1.5 bln in Q1, aided by PIB and social underspend
EconomyGreece’s budget execution showed a primary surplus of 1.54 billion euros in the first quarter... to the final data released by the Ministry of Finance (MoF). Although the state budget balance... reflects a stronger fiscal performance in the first two months of the year. The budget outcome
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Greek central government primary cash surplus to August at 2.3 bln
EconomyMacroeconomy(MoF) in the budget execution bulletin are calculated on a modified cash basis. The breakdown... by 20.4 percent. Compared to the 8-month budget figure of 29.58 billion, the BoG cash revenue item... a mid single-digit drop of 4.9 percent to 32.14 billion. This compares with the 8-month budget figure
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Troika review begins with fiscal targets and tax breaks in focus
EconomyMacroeconomydraft budget is due to be submitted to Parliament. The focus is on what fiscal targets... for another year. Furthermore, the MoF will reportedly highlight the budget outperformance so far this year... tax rate by 2 percentage points that will be incorporated in the final 2015 budget, which
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