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Budget primary surplus confirmed at 2.75 bln in February
EconomyMacroeconomy, the PIB balance posted a surplus of 488 million, 656 million better than the target....The budget primary balance was confirmed at a surplus of 2.75 billion euros in the first two months... balance remained positive and came to 899 million euros for February, declining against January’s
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Budget primary surplus at 3.14 bln in August as revenues grow and spending falls
EconomyMacroeconomyThe budget primary balance came to a surplus of 3.14 billion euros in the first eight months..., the monthly primary balance came to a surplus of 1.09 billion euros, falling from the surplus of 1.41 billion seen in July. The balance for August last year showed a notably smaller surplus of 520 million
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October budget primary surplus confirmed at 5.74 bln
EconomyMacroeconomyThe budget primary balance recorded a surplus of 5.74 billion euros in the first 10 months of 2019..., beating the aggregate target by 97 million euros. The monthly primary balance for October came... monthly primary balance’s surplus fell by 1.8 percent. The budget balance in the first 10 months
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Newsletter 230 -29/11/2019
. The bill was tabled late on Tuesday after more than a dozen changes were made to the draft.... The amount due to the IMF stood in excess of 2 billion euros and was significantly higher than... target by 95 million euros The budget primary balance recorded a surplus of 5.74 billion euros
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Budget primary surplus at 6.95 bln in Nov as expenditure drops
EconomyMacroeconomyThe budget primary balance recorded a surplus of 6.95 billion euros in the first 11 months of 2019..., beating the aggregate target by 380 million euros. The monthly primary balance for November came..., the current monthly primary balance’s surplus showed an increase of 27.9 percent. The budget balance
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Newsletter 278 -14/12/2020
are aiming to vaccinate more than 2 million Greeks next year, but recent opinion polls indicate... government primary balance is expected at 7.3 pct of GDP, in line with Finance Ministry estimates... part of the regulatory capital, more than half of it, consists of Deferred Tax Credits (DTCs
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New court verdict adds to concern about impact of backpay on fiscal balance
EconomyProgrammetakes the potential exposure on an ongoing basis and for backpay claims to more than 2 billion euros... newspaper put the possible total cost to public coffers for all the appeals pending at more than 6... will have to be faced by the next government rather than the current one. Nevertheless, the possible
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Greece's current account in surplus for the fourth consecutive month
EconomyMacroeconomyThe August current account (C/A) balance showed a surplus for the fourth consecutive month at 1.22... million and 249 million respectively more than offsetting a rise in the services’ surplus by 259 million. It is reminded that July C/A balance stood on positive grounds recording a surplus of 2.7 billion
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Current account deficit rises by 124.3 mln in May
EconomyMacroeconomyof the non-oil balance of goods, which worsened by 10.1 percent to a deficit of 1.33 billion versus 1.21... prices. The improvement in the services’ balance resulted from an improvement in all subaccounts. The travel balance rose by 2.5 percent to 925.9 million euros, reflecting a fall in travel payments
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Credit contraction continues in July with 1.2 pct decline
EconomyMacroeconomyyears, with the loan balance down by more than a quarter on the back of continued deleveraging. Net... percent, Bank of Greece (BoG) figures showed on Monday. As a result, the outstanding balance fell... corporations showed deductions of 532 million euros, with the balance easing further to 84.04
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