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Greek cash deficit to July narrows 78.3 pct to 1.72 bln
EconomyMacroeconomyof Finance (MoF) in the budget execution bulletin are reported on a modified cash basis. Reconciling... in the preliminary budget execution bulletin released on August 13. The breakdown of BoG figures showed... revenue performance in July (up 14.2 percent). Compared to the 7-month budget figure of 26.25
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Central gov't cash surplus rises to €3 bln in October despite drop in revenues
EconomyMacroeconomyitems presented by the Ministry of Finance (MoF) in the budget execution bulletin are calculated... in October revenues by 25.2 percent to 3.93 billion. A similar trend was also evident in the budget... with the 10-month budget figure of 37.55 billion, BoG cash revenues are lower by 472 million. On the cost
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Newsletter 4 - 21/11/2014
months of this year, a rate of less than 150 million per month. The 2015 budget tabled in parliament... percent incorporated in the medium-term fiscal strategy (MTFS) and the 2 percent in the draft budget.... This is in line with the EAP target and above the MTFS and draft budget estimates of 2.5 and 2.9 percent
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Newsletter 11 - 16/01/2015
the previous government forecast of 1.8 percent incorporated in the 2015 budget. According to Finance Ministry preliminary budget data for 2014, the primary surplus reached 1.93 billion euros, 3 billion short...’s EAP targets, the net comparable budget underperformance stands at 1.1 billion. Primary surplus
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Greece submits reform proposals but Eurogroup unlikely to be moved
EconomyProgrammebe 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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Newsletter 31 - 19/06/2015
, 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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Cash primary surplus for Jan-Jul close to 3 bln on improved revenues
EconomyMacroeconomyMinistry (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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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
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2015 primary surplus exceeds target as revenues outperform and expenditure is reined in
EconomyGreece’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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Fiscal Council optimistic on 2016 target, sees next year’s goals as feasible
EconomyMacroeconomyand 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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