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Greek pensions: The unsolvable equation
Agoraof measures were legislated that have a full year effect of 1.1 billion euros, according to the budget... is well illustrated in the first budget that George Papandreou’s government submitted at the end... were 9.7 billion euros but the figure was estimated to reach 12.9 billion in 2009 and the budget
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Multi-bill tabled as Greece aims to take last step to completion of review
EconomyProgrammeof the budget execution that has to be cut and ascertains the fiscal impact from a potential slower growth... government budget execution. If there is a divergence from the target between 0.26 and 0.75 percent... will be imposed automatically by cutting with a similar rate of the total budget expenditure excluding
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Justice can't be blind to facts in 2009 deficit case
Agora, into the general government budget, and that the deficit was inflated to make sure that Greece would... measures demanded by lenders. For starters, whether the DEKOs should have been included in the budget... the 2009 budget to Parliament. It estimated growth of 5.9 percent of GDP and a state deficit of 8.8
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General government primary cash surplus grows to 4 bln by end-July, arrears fall to 6.9 bln
EconomyMacroeconomyby 56 million to 102 million. On the other side of the spectrum, the surplus of the state budget... terms though, state budget remains the major contributor to the overall gg balance. According... in the previous month. It should be pointed out that in the July budget execution bulletin, MoF noted it paid
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General government primary cash surplus expands to 3.9 bln by August, arrears drop further to 6.3 bln
EconomyMacroeconomygovernment’s surplus grew by 303 million to 372 million. On the flipside, the state budget recorded... budget is now the second key contributor to the overall gg primary balance after extrabudgetary... this 2-month period. It should be pointed out that the MoF has noted in the last budget execution
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Second review to resume in Athens under severe time pressure
EconomyProgrammeon November 7 made a specific note of three items in the second review: The 2017 budget, the medium... by the Parliamentary Budget Office (PBO) revealed the institutions’ views on labour market reforms...-recurring. Furthermore, military procurement savings of 400 million that were included in the 2016 budget
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Newsletter 96 - 18/11/2016
Finance Ministry due to table the 2017 budget early next week Seasonally adjusted GDP at constant... billion, according to Finance Ministry preliminary budget execution figures published on Monday.... In addition, the Public Investment Budget (PIB) recorded a deficit of 151 million in October and 256
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Greece and lenders make headway on review but labour reforms remain biggest obstacle
EconomyProgrammeEuclid Tsakalotos on fiscal issues, particularly the 2017 budget. Specifically, Finance Ministry sources... on the measures of the 2017 budget, which is due to be tabled on Monday at 6 pm. According... the draft budget tabled on October included a slightly higher figure of 1.8 percent of GDP. Finance
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Newsletter 97 - 25/11/2016
Budget forecasts exceed targets Labour market reform remains thorniest issue in negotiations with lenders Tabled in Parliament on Monday, the 2017 budget contains higher fiscal forecasts for 2017... percent next year, above the fiscal targets of 0.5 and 1.75 percent, respectively. The budget outlines
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Newsletter 147 -19/01/2018
with the coalition during the ballot on the 2018 budget in December. Her addition was seen..., expenditure shows a decline of 139 million euros for 2017. The full-year Public Investment Budget... percent. 2 Budget primary surplus at 1.97 bln in 2017 Strong underspend drives headline figure
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