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  1. With troika OK pending, 2014 budget sees primary surplus at 1.6 pct of GDP
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    primary surplus for both years was reaffirmed, at 812 million in 2013 and at 2.95 billion in 2014.... Excluding the aforementioned items under EAP rules, gg primary surplus is seen at 812 million (0.4... targets may stay unchanged, we should expect adjustments in the revenue and expenditure figures, which may

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  2. Eurosystem funding drops by 399 mln in May, ELA collateral falls to zero
    Photo by MacroPolis

    EconomyMacroeconomy

    . Compared to May 2018, Eurosystem funding declined by a total of 12.80 billion euros. This stems largely... has steadily dropped. The total fall by May 2019 came to 149.02 billion euros. The majority... million in April. May’s increase is the fourth consecutive rise in as many months. The total

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  3. Budget execution shows surplus of 811 mln at start of 2014

    EconomyMacroeconomy

    percent to 216 million, leading to a slower decrease in total expenditure by 15.9 percent to 3.52... 1 billion euros compared to the initial estimate of 812 million incorporated in the 2014 budget... the ESA-95 methodology. Thus, the equivalent MoF projection of 812 million under EAP stands at 3.9

    16%

  4. Ankara tension tops govt agenda, overshadowing social dividend and primary residences
    Photo by MacroPolis

    PoliticsGreek Politics

    the spat with Turkey over its signing of an agreement with Libya regarding the delimitation... is in control of all of Libya, and Prime Minister Kyriakos Mitsotakis reportedly told Turkish President... with disabled children under the age of 24. The total outlay is estimated at 175 mln euros “The one-off

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  5. Govt unveils affordable housing scheme, but struggles to shunt wiretapping aside
    Photo by MacroPolis

    PoliticsGreek Politics

    to benefit a total of 135,000 people. The scheme is designed to address a growing social problem... euros of EU funding to renovate properties that are currently lying empty so they can be rented

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  6. Finance Ministry seeks solutions to address growing housing problem

    Economy

    to housing, with a total budget of €6.5 billion. This allows interested parties to easily gather all... programmes, such as “My Home 1”, “My Home 2”, “Renovate - Rent”, the return of one month's rent every

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  7. OECD warns young Greeks face deep structural barriers to work, family and housing
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    a major challenge. Greece’s total fertility rate has dropped from 2.4 in 1970 to just 1.2 children per... subsidised mortgages, and the Renovate‑Rent scheme to activate vacant properties. While demand‑side

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  8. Newsletter 16 - 20/02/2015

    Newsletters

    Tackling the revenue lag EU institutions may object to certain changes for paying tax arrears One... percent of total, corresponding to 73.7 billion. Another important conclusion mostly related... stands at just 9 billion or 11.6 percent of total. Of this amount, the Finance Ministry aims

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  9. General gov't primary cash surplus for Jan-May reaches 1.22 bln as arrears drop

    EconomyMacroeconomy

    , which amounted to 46.25 billion at the end of May. April and accounting for 70 percent of total... euros, meaning that the gg deficit has widened by around 1 billion in May, mainly reflecting state budget and social security funds’ deficits of around 800 and 200 million respectively in May

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  10. General govt primary cash surplus at 2.25 bln in May, arrears rise
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of the total figure. Arrears Arrears to the private sector (including tax refund arrears) rose in May... of May, representing 44.4 percent of the total, followed by tax refunds of 1.21 billion (23.9.... In contrast, subsidies rose by 53 million. Over half, or 51 percent of the total expenditure stems from

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