Search
-
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
2% -
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
2% -
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
2% -
GDP grows by 0.1 pct in Q4, up by 1.4 pct in 2017
EconomyMacroeconomythe Ministry of Finance’s (MoF) final budget estimate of 1.6 percent. This was driven largely by a 15.7... budget for 2018 had anticipated exports of goods and services to rise by 6.9 percent in 2017.... Regarding the MoF’s own forecasts, following a substantial revision in the draft budget
2% -
Newsletter 158 -20/04/2018
in February, an increase of 1.68 billion euros. Budget primary surplus at 2.32 bln in Mar Headline figure beats the target by 1.22 bln The budget primary balance recorded a surplus of 2.32 billion euros... Ministry (MoF) preliminary budget execution bulletin showed this week. The primary surplus
2% -
Newsletter 171 -20/07/2018
choices will have to be incorporated in the draft 2019 budget, which is due to be ready in early... for environmental activities. 2 Budget primary surplus at 617 mln in June Headline figure driven by lower expenditure and slightly higher revenues The budget primary balance came to a surplus of 617 million
2% -
Last bailout tranche just days away as pension discussion looms
EconomyProgrammein the coming weeks, particularly on the issue of next year’s pension cuts. The German Parliament’s budget... of October. The issue that is expected to dominate the agenda is the drafting of next year’s budget... Moscovici suggested recently that there could be room for changes if the budget performance allows
2% -
Athens moves quickly to scrap pension cuts as Eurogroup inches forward on euro reform
EconomyProgrammefor next year being cancelled. Eurozone finance ministers gave Greece’s 2019 budget the green light..., Eurogroup president Mario Centeno confirmed that the eurozone ministers gave Greece’s budget the green light... back by June 2019.” More discussions are also needed on the eurozone budget, another topic
2% -
Newsletter 186 -07/12/2018
Post-MoU actions on centre stage Pension cuts halted after Eurogroup approves 2019 budget, focus shifts to reforms Following the approval of Monday’s Eurogroup for the 2019 budget, the Greek... ministers gave Greece’s budget the green light. He also stressed that the focus will now
2% -
A snapshot of the Greek economy
Agorato examine state of the Greek economy at this early point of the year Budget balance: According to the Ministry of Finance, the Greek government budget achieved a primary surplus of 729 million for January, against a primary deficit target of 103 million. During the same period last year, the budget
2%