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Budget overperformance in Aug fuelled by VAT and income tax, spending significantly contained
EconomyMacroeconomyThe budget primary balance in August was confirmed at a surplus of 5.6 billion euros, compared...) budget execution data released on Monday. In the first eight months of the year, the budget... budget, came to 32.12 billion euros. Net revenues came to 43.12 billion euros. The budget balance up
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Newsletter 47 - 16/10/2015
of these measures. It did not say where the projected revenues of 200 million euros from the rental... percent in 2016. The Finance Ministry adopted these estimates in the 2016 draft budget tabled on 5... rate of imports compared to exports. Although the macro assumptions of the draft budget are in line
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Newsletter 182 -9/11/2018
to be completed by early December ahead of the vote on the budget. Tsipras is hoping that the settling..., reportedly close to 200 million euros, but that this amount would gradually be covered by the revenues... for 2019 Fiscal measures being pushed through ahead of draft budget finalisation The European Commission
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Newsletter 183 -16/11/2018
to be scrapped. This will allow the Greek government to submit the final version of the 2019 budget to Parliament on Wednesday, as scheduled. The budget is due to be tabled on the same day.... The fiscal impact of the entire package is estimated at 766 million euros in the draft budget. Going
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Tax cuts spearhead Mitsotakis's message in Thessaloniki
PoliticsGreek Politicsthan being included in the 2020 budget being drafted by the Finance Ministry. One of the most... noted that there had been a budget overperformance during the summer... the 1.2 billion euros Greece is due to receive each year as budget revenues. The agreement made
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Newsletter 230 -29/11/2019
, at least 200 MPs will have to vote in favour of the bill. It remains to be seen if this majority... at 200 basis points for the volume of credit that is above the 187.5 percent of the quota... budget primary surplus confirmed at 5.74 bln Gross revenues came to 47.30 billion euros, above
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Pressure intensifies on govt for more radical interventions in energy markets
PoliticsGreek Politics, arguing that subsidies were not going to suffice. Tight budget The latest news on the budget front..., noting that the budget execution reached its limits following the recent support package. The fiscal... the inflation wave, 360 million euros for the reduction in the ENFIA property tax and 200 million euros
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Newsletter 34 - 10/07/2015
and 200 million in 2016. The government has also committed to implement the Council of State ruling... are estimated at between 200 and 300 million, with bank sources stating that the existing emergency... to be recapitalised sooner rather than later. Budget revenues are also expected to be hit, although a number
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Budget primary surplus of 2.38 bln by April, continues to beat target due to restricted spending
EconomyMacroeconomyGreece’s budget primary surplus reached 2.38 billion euros in the 4-month period of 2016 from 2.1... budget execution bulletin published on Thursday. The headline figure represents an outperformance... million), more than offsetting an underperformance of the Public Investment Budget (PIB
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Five-month budget primary surplus of 2.27 bln, revenues outperform in May
EconomyMacroeconomyGreece’s budget primary surplus stood at 2.27 billion euros in the 5-month period of 2016 up... budget execution bulletin showed on Thursday. The headline figure means there was an over-performance.... In contrast, Public Investment Budget (PIB) balance fell slightly short of target by 74 million
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