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  1. Second review to resume in Athens under severe time pressure
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    on 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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  2. Newsletter 96 - 18/11/2016

    Newsletters

    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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  3. Greece and lenders make headway on review but labour reforms remain biggest obstacle
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    Euclid 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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  4. Newsletter 97 - 25/11/2016

    Newsletters

    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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  5. Newsletter 145

    Newsletters

    legislation through Parliament. This week it was the 2018 budget and numerous amendments, while... to complete as part of the third review. The budget received 153 votes on Tuesday night. This tallies... budget of Greece’s bailout era and focussed mostly on what he promised will be better days ahead. New

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  6. Newsletter 147 -19/01/2018

    Newsletters

    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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  7. GDP grows by 0.1 pct in Q4, up by 1.4 pct in 2017
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    the 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

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  8. Newsletter 158 -20/04/2018

    Newsletters

    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

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  9. Newsletter 171 -20/07/2018

    Newsletters

    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

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  10. Last bailout tranche just days away as pension discussion looms
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyProgramme

    in 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

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