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General govt primary cash surplus at 6.25 bln in September, arrears drop by 82 mln
EconomyMacroeconomyto the Finance Ministry’s (MoF) monthly gg bulletin. The surplus was led by the state budget primary... governments fell by 166 million euros to stand at 233 million euros. The breakdown of the state budget... rose by 683 million euros to 35.29 billion euros, a rise of 2 percent YoY. Social contributions
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Newsletter 261 -07/08/2020
governments, a rise of 143 million euros was seen, taking the total to 326 million. Overall, the state budget.... The budget primary balance for the same time last year came to a surplus of 253 million euros...). Declines were seen in local governments (-8 million), state budget (-7 million) and extrabudgetary
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General govt primary cash deficit of 9.07 bln in October, arrears drop by 250 mln
EconomyMacroeconomymillion), SSFs (-15 million), state budget (-4 million) and extrabudgetary funds (-2 million). Hospital.... Overall, the state budget primary balance showed a fall of 14.71 billion euros, landing at a deficit of 9.07 billion euros. The budget primary balance for the same time last year came to a surplus of 5.64
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Retail sales drop by 8.6% in 2020 as e-shops prosper but many sectors suffer
EconomyMacroeconomyMinistry officials, submitted in November a budget for 2021 that assumed the lockdown would... that each week of lockdown in Athens costs the budget 500 million, from a combination of higher.... This situation has forced the authorities to earmark most of the total annual support budget of 7.5 billion
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Newsletter 286 - 26/02/2021
that keeping shops closed carries a huge cost for the state budget. Each week that goes by with the retail sector closed costs the budget around 500 million euros. The resumption of economic activity... the 7.5-billion-euro support portfolio that was included in this year’s budget. Based
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Govt grabs opportunity offered by escape clause to entice voters with support package
Economyaround this time next year - when they will have to design the 2023 budget and agree new fiscal... - the country had made a commitment of primary surpluses in the region of 2 pct over the next 40 years... of the corporate tax rate by two percentage points to 22 pct will cost the budget by 183 million euros. MTFS
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Newsletter 311 - 08/10/2021
EconomyDraft budget treads fine line between recovery and restoring fiscal disciplineThe Finance Ministry tabled in Parliament on Monday the draft budget for 2022, setting out the government’s.... Based on the draft budget submission, bonds are expected to rise by 5.7 billion euros to 87.5 billion
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Newsletter 345 - 08/07/2022
the conservatives’ increase of 2 points, rising to 26.4 pct. PASOK is seen gaining 10 pct. It should... will not suffice to cover all the requirements and the budget will have to step in. However, there are encouraging signs for the budget from the tourism front, as bookings, occupancy rates and passenger data from
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Newsletter 350 - 09/09/2022
of the measures. The government is still aiming to trim the primary budget deficit to 2 pct of GDP... could cost the budget more than 10 billion euros, when Greece has already allocated the largest... in the submission of the draft budget in approximately four weeks. Greece is hoping that in the meantime, and until
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SYRIZA pushes alternative cost-of-living package but govt support still a vote-winner
PoliticsGreek Politicsbudget statement has attracted strong criticism from the opposition. New Democracy’s main rival SYRIZA... with voters. In the wake of the budget announcement, which included the last-minute introduction... bringing the risk of new price hikes. The budget debate - which concluded on Saturday - does
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