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Newsletter 210 -07/06/2019
officials to give the new government the space it needs to implement its programme. “The 2020 budget... eurozone counterparts, Greece is due to send its draft 2020 budget to the European Commission... of recent years has been the result of a consistent under-execution of the budget. The European
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General govt primary cash surplus at 4.35 bln in Aug, arrears up by 270 mln
EconomyMacroeconomygovernments fell by 254 million euros to stand at 159 million euros. Overall, the state budget... by state budget arrears (+17 million) and extrabudgetary funds (+6 million). Declines were seen... (+207 million), state budget (+29 million) and local governments (+7 million). Declines were noted
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Newsletter 227 -08/11/2019
expected in the spring forecasts published in May, compared to a 2 percent estimate in last year’s autumn... package that the Greek authorities incorporated in next year’s budget is worth 0.6 percent of GDP... budget primary balance rising by 2.37 billion euros and landing at 4.55 billion euros, compared
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Newsletter 260 -31/07/2020
decisions. The NAVTEX is valid until August 2, which means that Greece will remain on high alert..., but this by no means suggests that they returned to pre-crisis levels. 2 Primary balance at deficit... The budget primary balance recorded a deficit of 6.10 billion euros in the first six months of 2020
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Greece - On the importance of productivity growth
Agoraof productivity growth recovering to around 1 percent a year. We also accept this assumption for Greece. [2... to a balanced overall budget, and then use complementary reforms and well-calibrated tax... moderate future growth conditions and constraints, governing with a balanced budget is the key challenge
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Newsletter 323 - 14/01/2022
was raised by 2 pct on January 1 and the conservatives had promised a second increase at some point... that it would be too much of a blow to the budget. On Thursday, Mitsotakis said that the government does..., with the prospect of VAT reduction surfacing in the public debate this week. Based on the 2022 final budget
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Finance Ministry costs new support package, but questions remain over electricity subsidies
Economybudget performance. However, there was no clarity about the government’s intentions on the energy... to come in the full year to 4.3 billion euros, or 2 pct of GDP, with the rest covered by the Energy... Ministry submitted on Monday a supplementary budget worth 2.9 billion euros for 2022, to cover 1.2
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Newsletter 449 - 31/01/2025
briefing the local press that after a successful 2024 that brought in an additional 2 billion euros... and dropping the trade tax also for companies. The budget ended 2024 with another outperformance which... tax relief. The primary surplus came to 3 pct of GDP, from 2.5 pct initially expected and the budget
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Newsletter 495 - 20/02/2026
to publish Q4 and full‑year 2025 GDP data in a few days, while the budget execution for last year is taking its final shape. In the final 2026 budget submission at the end of November, the Finance... in 2026. Over the first nine months of 2025, for which data is available, GDP growth was 2 pct
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Newsletter 105 - 03/02/2017
from 8,636 to 6,000 euros. This would generate roughly 2 billion euros in extra revenues. While... published last week, the Parliamentary Budget Office (PBO) urged for a swift conclusion... lengthened due to the heavy snowfall. 2 Retail trade index turnover rises in November November rebound
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