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Newsletter 154 -9/03/2018
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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Is a lack of spending hampering Greece's firefighting capabilities?
Societywith 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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Newsletter 185 -30/11/2018
at 6.44 bln in October Monthly figure confirmed against revised budget targets The budget primary balance... to the final budget execution bulletin published by the Finance Ministry (MoF) this week. The figure represents a year-on-year (YoY) rise of 20.7 percent. The targets for the budget were revised from
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Primary cash surplus at 832 mln in February
EconomyMacroeconomyto February rose by 708 million euros to stand at 7.97 billion euros. The Public Investment Budget (PIB... to a surplus of 573 million euros last year. The preliminary budget execution figures released by the Finance Ministry (MoF) for February The budget primary balance recorded a surplus of 823 million euros
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Newsletter 216 -26/07/2019
and there will be no fiscal gap in 2019 or 2020. It is this triptych that the government is now basing its budget... and ANFA bonds as revenues in the 2020 budget. Greece is due to receive 1.3 billion euros next year... The budget primary balance recorded a surplus of 381 million euros in the first six months of 2019
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Newsletter 223 -11/10/2019
Budget negotiations continue Athens still in talks with institutions on 2020 fiscal gap amid excess...’s draft budget as the two sides try to ensure that there is no danger of a fiscal gap appearing... in the final version of the budget. The economic plan includes tax relief and spending measures worth 1.2
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Newsletter 254 -19/06/2020
Investment Budget (PIB) balance came to a deficit of 638 million euros, deepening notably from the deficit for last year which stood at 331 million. Budget primary deficit widens to 4.80 bln in May Coronavirus-related impact drives drastic change in figures for the month The budget primary balance
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Newsletter 267 -02/10/2020
households. Low-income households also spend 33 percent of the family budget on food. For non-poor households,19.1 percent of the budget is spent on food. 2 Budget primary at deficit of 5.48 bln in August Primary surplus below its target by 6.67 billion euros The budget primary balance recorded a deficit
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Newsletter 308 - 17/09/2021
and Growth Pact and would have to deliver a balanced budget after deficits of close to 10 pct in 2020... secured the lenders’ approval so they can remain in place in next year’s budget. The costliest measure for the budget is the reduction of social insurance contributions by 3 percentage points
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Debt strategy for 2022 set to continue along this year's steady path, assisted by PEPP
EconomyMacroeconomy2022 budget anticipates the debt-to-GDP ratio resuming a downward path. The Finance Ministry provided... purchase programme PEPP. The draft budget outlines more than 29 billion euros of ECB purchases of GGBs... and 1 billion euros and yields of 0.02 pct and 1.675 pct respectively. The draft budget also notes
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