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General govt primary cash surplus at 2.82 bln in July, arrears unchanged
EconomyMacroeconomyto come to 1.15 billion euros. For the same time last year, SSFs came to 1.72 billion. The balance... million. The balance for extrabudgetary funds also rose by 209 million euros to stand at 1.65 billion compared to 1.44 billion for the same period last year. Overall, the state budget primary balance
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General govt primary cash surplus at 3.51 bln in August, arrears fall by 306 mln
EconomyMacroeconomybillion. The balance for local governments came to 406 million euros, rising strongly compared to last year’s figure of 68 million. The balance for extrabudgetary funds increased slightly by 78 million... primary balance declined by 912 million euros to stand at a surplus of 959 million euros. For the same
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General govt primary cash surplus at 5.21 bln in September, arrears fall by 411 mln
EconomyMacroeconomybillion. The balance for local governments came to 402 million euros, continuing to gain ground from a year ago when the equivalent figure came to 158 million. The balance for extrabudgetary funds increased..., the state budget primary balance showed a decline of 181 million euros to come to a surplus of 2.17 billion
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EC spring forecast sees growth of 2.2 pct in 2019, 2020 but warns of hampered public investments
EconomyMacroeconomybalance reached 1.1 percent last year, boosted from good GDP growth, a broad-based recovery in taxable... on a ‘no policy change’ scenario, the general government balance is expected to reach 0.5 percent of GDP in this year, factoring in the one-off positive impact of debt measures agreed in April. The balance
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Newsletter 239 -14/02/2020
couple of days. 2 Jobs balance negative by 17,318 Year starts with negative balance typical for January The employment balance was negative by 17,318 in January according to data from the Labour... hired than fired. Ergani noted that the month of January has registered a negative balance for each
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Budget primary deficit ends 2022 at 6.68 bln, from 10.33 bln in 2021
EconomyMacroeconomyThe budget primary balance up to December 2022 came to a deficit of 6.68 billion euros, compared.... The budget balance during the full year showed a deficit of 11.68 billion euros, from a 14.87-billion-euro deficit in December 2021. The overall balance is better than the target by 1.72 billion euros
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Final budget execution for Dec confirms primary deficit beat target by 1.85 bln
EconomyMacroeconomyThe budget primary balance for the year 2022 came to a deficit of 6.65 billion euros, compared... execution data for December released on Wednesday. The primary balance beat the latest target by 1.85... to 58.51 billion euros. Net revenues reached 59.62 billion euros. The budget balance for the year came
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Greece - Some structural macroeconomic arithmetic
Agoraabove, of 1 percent of GDP, the instantaneous primary balance would need to be a surplus of 5.6 percent.... Greece thus needs to transition from being close to a structural position for the primary balance of 5½ to 1½ percent of GDP. Greece currently envisages a target for the primary balance of 2 percent (just
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Newsletter 279 - 05/03/2021
. The government insists, though, that this is not the case. Banks intensify balance-sheet clean up... with actions this week to continue strengthening their balance sheets, with the former extending its... is focussing on the liability side of its balance sheet, with a 500 million-euro issue of subordinated Tier 2
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Credit contraction at 1.1 pct in Dec, loans to enterprises increase by 1.09 bln MoM
EconomyMacroeconomy, the outstanding balance decreased to 170.29 billion from 173.47 billion in the previous month and stayed... for a second month and stood at 889 million euros in December from a positive balance of 106 million euros previously. The corporate lending balance was also positive and came to 862 million euros from
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