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  1. State budget primary surplus widens to 2.28 bln at end of July after rise in revenues

    EconomyMacroeconomy

    Greece’s budget execution showed the primary surplus widening to 2.28 billion in the 7-month period... instalment of income tax, which was due by the end of July. The 7-month state budget deficit stood at 1.73... surplus is lower by 10.7 percent, while the budget deficit has narrowed by 10.1 percent. However

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  2. Signifcant underspend covers revenue shortfall for budget primary surplus to August

    EconomyMacroeconomy

    Greece’s budget primary surplus significantly improved to 3.8 billion in the 8-month period of 2015 from 1.95 billion last year, the Finance Ministry (MoF) final budget data displayed on Thursday... (by 250 million) as well as higher Public Investment Budget (PIB) balance (by 1.44 billion) more

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  3. Draft budget for 2025 sees 2.3 pct growth and strong primary surplus
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    its time in office. Growth for this year is seen at 2.2 pct, when the 2024 budget had assumed...The draft budget for 2025 was tabled in Parliament on Monday, with the main parameters in line..., nowhere near the 15.1 pct growth that was initially forecast in the 2024 budget. Private

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  4. Newsletter 229 -22/11/2019

    Newsletters

    budget is tabled Completing the fourth enhanced surveillance review proved smooth sailing for the Greek... Greece’s draft budget as it complies with the post-programme fiscal commitment of a primary surplus... fiscal targets of 3.5 percent of GDP up to 2022 and averaging 2.2 percent after that. It also envisages

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  5. The pension and revenue interventions Greece has to make to meet its 2016 fiscal target
    Photo via Greek Finance Ministry

    EconomyProgramme

    stable. On the revenue front, the 2016 budget includes measures of 2.2 billion euros in 2016 to meet... to plug a gap of 600 million euros on the pension front and collect revenues of 2.2 billion from... savings of 1 percent of GDP for 2016. In the 2016 budget, the Finance Ministry (MoF) adopted those cost

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  6. Draft budget sees growth picking up in 2024, strong revenues driving primary surplus to 2.1 pct of GDP
    Photo by MacroPolis

    EconomyMacroeconomy

    The Finance Ministry tabled in Parliament on Monday the draft budget for 2024, with Greece seen... in the 2023 draft budget. Private consumption is expected to rise by a modest 1.6 pct, after a rise... pct in 2023. Exports of goods and services growth is expected to accelerate to 6.3 pct, from 2.2 pct

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  7. Jan budget execution impacted by unplanned pandemic spending and snowstorm
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance for the first month of 2022 came to a small surplus of 17 million euros... to the preliminary Finance Ministry (MoF) budget execution data released on Tuesday. The primary balance is well... investment budget, came to 3.11 billion euros. Net revenues came to 3.86 billion euros, below target

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  8. Tax overperformance continues in Aug, as budget balance beats target by close to 6 bln
    Finance Ministry

    EconomyMacroeconomy

    The budget primary balance up to August 2022 came to a small surplus of 10 million euros, compared... Finance Ministry (MoF) budget execution data released on Friday. The primary balance beat the target.... Expenditure, excluding interest payments and the public investment budget, came to 34.24 billion euros

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  9. Preliminary Sep budget records 37 mln primary surplus as taxes outperform by 4.9 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance up to September 2022 came to a small surplus of 37 million euros... Finance Ministry (MoF) budget execution data released on Monday. The primary balance beat the target.... Expenditure, excluding interest payments and the public investment budget, came to 38.37 billion

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  10. Budget primary balance continues strong performance in Oct, ahead of target by 6.4 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance up to October 2022 came to a small deficit of 349 million euros... Finance Ministry (MoF) budget execution data released on Tuesday. The primary balance beat the target... of the year. Expenditure, excluding interest payments and the public investment budget, came to 43.13

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