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  1. Does new troika visit spell fresh drama for Greece? Maybe not

    Economy

    budget earlier this October that is fully compliant with the target of achieving a 1.6 percent of GDP primary surplus. This will involve yet another ambitious consolidation effort to produce a state budget surplus of more than 2.8 billion euros. Shortly after the draft budget was produced, European

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  2. Newsletter 5 - 28/11/2014

    Newsletters

    meeting, the Greek parliament will vote on the 2015 budget, with the government insisting that next year... recorded their third-highest readings this year in October. Budget shortfall in October as revenues miss target A revision of monthly targets meant that Greece’s budget execution figures were 880 million

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  3. Central gov't cash surplus reaches 1.42 bln in 2014 after 1.19 bln deficit in Dec

    EconomyMacroeconomy

    and is mainly attributed to Public Investment Budget deficit of 857 million euros. The central government... on a cash basis, while the respective items included by the Ministry of Finance (MoF) in the budget... arrears to the private sector of 6.16 billion euros in 2013 and 1.15 billion in 2014. 2) Greece’s

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  4. Why doesn't Tsipras just cut defence spending?

    Agora

    Minister Alexis Tsipras faces in slashing the defence budget is that – contrary to what many people... budget, the government spent an average of 428 million euros on military procurements in each... the crisis began, more than 70 percent of the defence budget was used to pay staff but, according

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  5. General gov't primary cash surplus more than doubles to 4.14 bln in 2015, arrears ease to 5.4 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    performance reflects primary cash surpluses in all four sub-sectors. The figures for the state budget... to last year, state budget recorded the most notable improvement in its primary cash surplus by 1.92... to 18.49 billion and a fall in transfers from the state budget by 9.8 percent to 14.8 billion

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  6. Primary cash surplus to Aug narrows to 2.4 bln, including arrears repayment of 1.6 bln

    EconomyMacroeconomy

    stood at 4.08 billion, down 7.1 percent from last year. The adjusted figure edged up 2 percent... to 4.75 billion year to date. In addition, the Public Investment Budget (PIB) balance recorded..., the Finance Ministry (MoF) preliminary budget execution bulletin showed a budget primary surplus

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  7. Newsletter 90 - 30/09/2016

    Newsletters

    Primary surplus data confirmed Finance Ministry expected to table 2017 draft budget on Monday The final budget execution bulletin released on Tuesday confirmed preliminary figures that put..., 340.9 million to ENFIA and 191.3 million The budget underspend stems from much lower expenditure

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  8. Newsletter 99 - 09/12/2016

    Newsletters

    , with the exception of the state budget, which posted a deterioration of Eurogroup says Greece should... published by the General Secretariat of Public Revenues, budget revenues stood at 4.84 billion... to vote through Parliament another challenging budget and MPs look to visit their constituencies

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  9. Newsletter 104 - 27/01/2017

    Newsletters

    Greek debt. Short-term debt relief measures approved Finance ministry confirms primary budget.... The budget primary surplus was 4.44 billion in 2016, almost double the previous year’s figure, while it outperformed the target by 2.45 billion, according to the final budget execution bulletin

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  10. Newsletter 129 - 28/07/2017

    Newsletters

    course. 2 Household disposable income eases in Q1 Consumption remains on an upswing for the third... a slower growth of 0.9 percent in the previous quarter. Primary budget surplus at 1.94 bln in H1 Breakdown reveals tax revenues fell 9.5 percent in June The primary budget surplus stood at 1.94

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