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Drop in revenues drives Jan central government primary cash deficit to 149 mln
EconomyMacroeconomyitems presented by the Ministry of Finance (MoF) in the budget execution bulletin are calculated... to 3.13 billion euros in January from 4.47 billion last year. The MoF preliminary budget data... 11.3 percent to 3.2 billion. The drop in the respective state budget execution item was slightly lower
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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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A breakdown of the fiscal and structural reforms Greece hopes will unlock funding
EconomyProgrammeby the Finance Ministry sees GDP growth halved to 1.4 percent from the 2.9 percent growth seen in the budget... to the 22.6 percent in the budget, falling to 21.1 percent in 2016. 2015 is expected to be another deflationary year, with harmonised consumer price index at -0.5 percent (compared to 0.3 percent in 2015 budget
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Higher revenues set to ease coalition's liquidity concerns
EconomyProgramme. The first amount will be recorded in April’s state budget execution revenues. We understand... be reported in March’s budget execution revenues. The newspaper also noted that March revenues were... two months of the year. Naftermpotiki also reported that the Public Investment Budget (PIB) revenues
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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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Cash primary surplus improves by 32.4 pct to 3.07 bln on revenue boost in August
EconomyMacroeconomyitems included in the Finance Ministry (MoF) budget execution bulletin are reported on a modified cash... that BoG and MoF figures are not directly comparable. That said, the budget primary surplus of 3.8.... This largely stems from higher budget revenues (by 1.26 million) and expenditure (by 200 million) and change
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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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