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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
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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
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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
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Newsletter 220 -20/09/2019
much of their focus on next year’s budget, particularly in terms of how the relief measures... space will be sought by cutting the budget for the Public Investment Programme, a cross-government... the budget approximately 70 million on the interest bill. The Greek government appears to have submitted
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Second day of review yields progress, work needed on fiscal front
EconomyProgrammehave been settled on this trip, ahead of the draft budget that is due to be tabled to Parliament... and ANFA profits and whether those can be used in the budget to create some fiscal space. According to a finance ministry official, the discussions on next year’s budget are based on three scenarios
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Newsletter 221 -27/09/2019
for the state guarantees. At the same time, the inclusion of the SMP and ANFA profits into the budget seems.... Discussions on these topics will continue remotely as the draft budget that will be submitted... of overnight stay tax. 2 Budget primary surplus at 2.91 bln Net revenues beat target by 2.42 billion
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Greek govt gears for final Eurogroup of 2019, hoping for better terms
EconomyProgrammefor 2020, a full 0.5 percent lower than the government’s 2020 budget target, and 2 percent for 2021... a consensus on the budget, including the achievability of the 3.5 percent primary surplus target in 2020... for 2020 and beyond. Adding to this picture, the final draft of the 2020 budget is due to be tabled
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MPs gear up for action as To Potami calls it a day and PASOK wobbles
PoliticsGreek Politicsprimary surplus that this year’s budget execution is expected to produce, will be shared out... additions and alterations to the draft law, which comes hot on the heels of the 2020 budget... Tsakalotos, claimed that the budget is not voter- or growth-friendly. He accused ND of a class-based
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Newsletter 237 -31/01/2020
with 32 percent, 85 percent international and 16 percent from Greece. 2 Budget primary surplus at 5.02 bln in Dec Full year figure beats target by 616 million euros The budget primary balance... of 91 million noted in December 2018, the final Finance Ministry (MoF) budget execution bulletin showed
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Newsletter 240 -21/02/2020
number of new joiners in what was originally touted as a transformative exercise. Budget primary balance at 498 mln in Jan Current account deficit more than halves to 2.57 bln in 2019 The budget primary... target by 771 million euros, the Finance Ministry (MoF) final budget execution bulletin showed
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