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Troika review begins with fiscal targets and tax breaks in focus
EconomyMacroeconomydraft budget is due to be submitted to Parliament. The focus is on what fiscal targets... for another year. Furthermore, the MoF will reportedly highlight the budget outperformance so far this year... tax rate by 2 percentage points that will be incorporated in the final 2015 budget, which
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What would a clean bailout exit for Greece mean in numbers?
Agoraloans is now 32 years and the budget is only burdened by small fees on the disbursements, which... to have a sizeable impact on the budget. Bilateral loans The loans of the first program, aka Greek... above the 6-month Euribor rate. Current servicing cost stands at circa 0.7 percent annually and a budget
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Fiscal consolidation leads Greek 9-month primary cash balance to 2.76 bln
EconomyMacroeconomybasis, while the respective items presented by the Ministry of Finance (MoF) in the budget execution... with the 9-month budget figure of 33.87 billion euros indicates that the BoG cash revenue item is lower... budget figure of 35.91 billion euros, BoG underlying item is lower by 230 million. Interest payments
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Primary surplus narrows to 2.4 bln in October as revenues miss target
EconomyGreece’s budget execution showed the primary surplus narrowing to 2.41 billion euros.... The 10-month budget deficit reached 2.7 billion euros (from 2.29 billion in the 9-month period), which... shortfall as well as lower Public Investment Budget (PIB) balance (by 708 million). The comparison
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Greek primary surplus shrinks by 1.7 bln in Dec as revenues miss 2014 target by 3.1 bln
EconomyGreece’s budget execution showed the primary surplus shrinking by 1.7 billion euros in December... Ministry (MoF) final budget bulletin published on Monday. The data means the primary surplus is 57... Investment Budget (PIB) expenditure (up 1.6 billion MoM). The final figures for the whole year show tthat
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Greek central gov’t cash surplus shrinks 70 pct to 503 mln by February
EconomyMacroeconomycompared to modified cash basis for the Ministry of Finance (MoF) in the budget execution bulletin... get a difference of 740 million. This is mainly attributed to higher budget revenues (by 563 million... budget execution figures published by the MoF on Friday displayed a slower drop in revenues by 7.3
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What next for Greece's revenues and spending?
Agora. However, budget revenues in May fell short of the target by 1.05 billion euros, with Finance Ministry... budget projected much higher revenues of 6.43 billion euros. This is due to the inclusion of more than... budgeted for July are in doubt. Expenditure The other key budget item is primary expenditure. Data shows
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Revenues 705 mln short in June but expenditure above target by 961 mln
EconomyGreece’s budget primary surplus widened to 1.88 billion euros in the first half of the year, from... to the Finance Ministry (MoF) preliminary budget bulletin published on Tuesday. Also, the outperformance... procurement (by 295 million) coupled with a higher Public Investment Budget (PIB) balance (by 1.54 billion
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Record revenue shortfall of 2.83 bln in July shrinks primary surplus outperformance
EconomyMacroeconomyGreece’s budget primary surplus significantly widened to 3.53 billion euros in the 7-month period... budget bulletin published on Thursday. This means that the primary surplus in July reached 1.65 billion...), higher Public Investment Budget (PIB) balance (by 1.53 billion) and lower tax refunds (by more than
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Revenue uptick unable to stop 7-mth primary surplus outperformance falling to 724 mln
EconomyMacroeconomyGreece’s budget primary surplus reached 3.71 billion euros in the 7-month period of 2015 showing an improvement by around 1.83 billion month on month (MoM), according to the final budget bulletin... Investment Budget (PIB) balance (by 1.53 billion) and lower tax refunds (by more than 300 million) more than
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