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Significant underspend pushes 8M primary balance to 7.57 bln
EconomyMacroeconomyThe budget primary balance recorded a surplus of 7.57 billion euros by August, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Tuesday. During the eight..., excluding interest payments and the public investment budget, came to 31.99 billion euros. Net revenues
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Strong taxes and significant underspend push 9M primary balance 3.45 bln above target
EconomyMacroeconomyThe budget primary balance recorded a surplus of 8.74 billion euros up to September, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Wednesday. During.... Expenditure, excluding interest payments and the public investment budget, came to 36.03 billion euros. Net
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Wolfgang at the door
Agoraand 2015 came to around 100 billion euros. Meanwhile, the euro exchange rate during recent years was much..., there are already concerns that Macron’s ideas, such as for an enhanced eurozone budget to boost..., Schaeuble’s parting gift to the eurozone appears to be the proposal that a common budget in the form
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Athens aims for November agreement with lenders on pension cuts
EconomyProgrammeversion of the budget to Parliament at the end of the month. Finance Minister Euclid Tsakalotos... Income. An additional 50 million has been earmarked for winter heating payments to take the total budget for this subsidy to more than 100 million euros. Once the 2019 excess surplus has been agreed
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Parties vie for voters' attention as New Democracy prepares for congress
PoliticsGreek Politicsto a vote in Parliament’s full assembly on Tuesday, a day before MPs begin to debate the 2019 budget... and 100 euros. The government has also broadened the number of civil servants that will receive... to the period from January 1, 2015 to December 31, 2016 and will cost the state budget 8.8 million euros
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Montenegro's vaccination adventure: Lord, bless us with good health
Agorainhabitants. When the number of hospitalized persons per 100 thousand citizens is taken into account... in the elections. This brought about months of negotiations, delays (the 2021 budget has not been..., as far as the exact price is concerned, there is no information so far. The budget has not been
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PM banks on firms bouncing back after lockdown as SYRIZA decries immunity for Covid panel
PoliticsGreek Politicsbudget. Mitsotakis argued that Greece’s economy has not suffered significant permanent damage due... to 55 pct, from 100 pct, and for legal entities to 70 pct this year and permanently to 80 pct from... is also being extended into 2022. Reducing the tax advance and tax rates will cost the budget 900
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PBO ups growth estimate to 3.6-4.8 pct, warns of complacency and inequality risks
EconomyMacroeconomyby 2.3 pct on an annual basis, in its latest quarterly report the Parliamentary Budget Office... is the issue of the 10-year bond, which saw the spread over German sovereign debt drop below 100 basis... policy. Businesses relied on budget transfers for a long period of time to withstand the effects
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Newsletter 326 - 28/01/2022
last year. It should be noted that this year’s budget projects revenues being 70 million euros lower..., had suggested that touching VAT for bread alone could cost the budget 160 million euros. During... in a working-class neighborhood will see savings of less than 100 euros annually, barely enough to move
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Central govt primary cash deficit narrows appreciably to 429 mln in Jan
EconomyMacroeconomylast year. The breakdown showed that in January, revenues rose by roughly 100 million euros year... Investment Budget (PIB) balance came to a deficit of 543 million euros compared to a deficit of 750 million in January last year. The Finance Ministry released its own preliminary budget this week
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