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  1. Greece submits reform proposals but Eurogroup unlikely to be moved

    EconomyProgramme

    be tasked with preparing macroeconomic forecasts for the budget, monitoring the implementation... Council will merge with the existing State Budget Office that functions within the parliament... the budget preparation and organic budget law. The Greek authorities commit to implement

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  2. Newsletter 31 - 19/06/2015

    Newsletters

    , spending miss targets Greece’s budget execution showed that the 5-month primary surplus more than doubled... the target, while revenues came in 976 million below the budget forecast. The surplus increase... difficulty that Prime Minister Alexis Tsipras faces in slashing the defence budget is that – contrary

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  3. Cash primary surplus for Jan-Jul close to 3 bln on improved revenues

    EconomyMacroeconomy

    Ministry (MoF) in the budget execution bulletin are reported on a modified cash basis. Taking also.... That said, the budget primary surplus of 3.53 billion for the 7-month period stands 489 million above the BoG primary cash surplus of 1.3 billion. This mainly reflects higher budget revenues (by 1.41

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  4. Cash primary surplus contracts 2.9 pct to 2.68 bln on weak revenues in Sept

    EconomyMacroeconomy

    ) budget execution bulletin are calculated on a modified cash basis. As a result, and also taking.... Compared to the released budget primary surplus of 3.08 billion, the respective BoG figure stands 346 million lower. This is primarily attributed to higher budget revenues (by 1.32 billion

    6%
  5. 2015 primary surplus exceeds target as revenues outperform and expenditure is reined in

    Economy

    Greece’s budget primary balance reached 2.27 billion in 2015 up by 21.1 percent from the 2014 figure of 1.87 billion, the Finance Ministry (MoF) preliminary budget bulletin showed on Friday afternoon... target for 2015 was 3.88 billion in the 2016 budget, upward revised from the 2.02 billion included

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  6. Fiscal Council optimistic on 2016 target, sees next year’s goals as feasible
    By Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    and macroeconomic developments, presenting its views on the 2017 draft budget and whether targets will be met... to be in line with the draft budget. Overall, the report concludes that the 2016 budget figures will be in line with the 2017 draft budget figures significantly contributing, but not necessarily

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  7. Revenues beat target for third successive month in November

    EconomyMacroeconomy

    Greek budget revenues beat their target, albeit marginally, for the third straight month... instalment of the single property tax (ENFIA). The preliminary budget execution bulletin for November outlining the key budget figures is due to be published as of December 10. The last month of the year

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  8. Newsletter 140 -17/11/2017

    Newsletters

    a gap in PPC’s budget for the subsidised services it offers. Tsipras pointed out that the total.... Budget primary surplus at 5.36 bln in 10-month Government bond swap, rumoured for mid November, got underway during week The budget primary balance recorded a surplus of 5.36 billion euros in the first ten

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  9. Newsletter 154 -9/03/2018

    Newsletters

    came in below the Ministry of Finance’s (MoF) final budget estimate of 1.6 percent. The figure... percent. The MoF’s final budget for 2018 had anticipated exports of goods and services to rise by 6.9... the MoF’s own forecasts, following a substantial revision in the draft budget, the Ministry of Finance

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  10. Is a lack of spending hampering Greece's firefighting capabilities?

    Society

    with this approach, and it is not all down to austerity. Where does the firefighting budget go? The Greek... Service unions. In fact, the total budget for the Fire Service, a major part of which is spent putting... in the 2018 budget, an increase of over 70 million euros over seven years. Between 2011 and 2017

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