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Primary cash balance posts deficit of 46 mln at end of July
EconomyMacroeconomybillion a year ago. As previously noted, this year’s figure includes a one-off item of around 2 billion... at 4.42 billion. The Public Investment Budget (PIB) deficit recorded a surplus of 28 million euros... budget execution figures released by the Finance Ministry (MoF) revealed that the budget primary
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Newsletter 133
would not oppose the draft legislation. Budget primary surplus at 3.54 bln in August Credit contraction in banking sector eases to 0.9 percent The budget primary balance was confirmed at a surplus... figure of 2.12 billion euros, the Finance Ministry’s (MoF) final budget execution bulletin showed
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Athens outlines 2018 debt management plan for post-bailout era
EconomyMacroeconomyIn the draft 2018 budget submitted to Parliament on Monday, the Greek government outlined parts... relief measures that have been pledged by the eurozone. In the draft budget estimates for public... of 4.375 percent. The Greek government states in the draft budget that it intends to follow this type
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Newsletter 137 -27/10/2017
that the volume of next year’s budget is around 50 billion euros. In other areas of the review... 378,000 of these came from the fund for the self-employed, OAEE. 2 Primary surplus of 4.54 bln... September 2016, the state budget deficit has improved by 68.9 percent The budget primary balance
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Newsletter 144 -15/12/2017
the third review in January. The debate on the 2018 budget began in Parliament on Monday and is due... also showed that new new tax debt rose by 1.18 billion euros in October The budget primary balance... against last year’s figure of 5.76 billion euros, the Finance Ministry (MoF) preliminary budget
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Newsletter 162 -18/05/2018
of the business plan by McKinsey which was still being put together. 2 Primary cash surplus at 7.45 bln..., overall expenditure from January to April declined by 1.13 billion euros and came to 15.38 billion. Budget primary surplus at 2.33 bln in April Strong public investment budget underspend key driver behind
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Moody's explains cautious approach to Greek credit rating upgrade
Economythis month, with the focus on the 2019 budget and the continuing implementation of the banking sector's strategy for resolving its non-performing exposures. Budget execution Moody’s believes that the budget execution remains solid and given continued overperformance next year, the Greek authorities
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Newsletter 180 -26/10/2018
presented a draft 2019 budget with two scenarios, adding that this created a good basis for discussions... ministers will have the final say. 2 Primary surplus confirmed at 4.80 bln September’s figure driven by lower tax refunds and public investments The budget primary balance was confirmed at a surplus
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Newsletter 181 -2/11/2018
Date eyed for deal on 2019 budget Nov 19 Eurogroup seen as key meeting as focus in Athens turns... the final version of the budget to Parliament at the end of the month. Finance Minister Euclid Tsakalotos... over the 2019 budget. IMF spokesman Gerry Rice has publicly confirmed that the Fund will leave it up
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Contraction of 0.1 pct in Q4 sees 2018 GDP fall slightly below target at 1.9 pct
EconomyMacroeconomy’s (MoF) final budget estimate of 2.1 percent for 2018. A breakdown of annual components showed... to 2017. The MoF’s final budget for 2019 had foreseen the exports of goods and services to increase... of the headline GDP number. Government spending represents around 20.8 percent of the total. The latest budget
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