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FinMin tables recovery budget, foreseeing across-the-board improvement in key numbers
EconomyMacroeconomyThe Finance Ministry submitted to Parliament on Monday the draft budget for 2022 in which Greece... the pre-pandemic levels of 2019 and the budget paves the way for a narrowing of the excessive deficits... this year will reach 10 pct of GDP, or 17.73 billion euros, compared to 16.13 billion euros in 2020
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Draft 2022 budget represents first attempt to restore post-pandemic fiscal order
EconomyMacroeconomyof fiscal order returning based on the draft budget submitted to Parliament on Monday. Using the enhanced..., at 10 pct of GDP. Within the same post-programme monitoring framework, the primary balance next year... will be trimmed substantially next year to just 2.9 billion euros. The draft budget outlines that revenues
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S&P moves Greece closer to investment grade, puts focus on budget and growth
Economythat the monitoring after the enhanced surveillance period ends in August will focus on budget... of dropping by more than 10 percentage points this year to 183.6 pct, leading to 160.2 pct by 2025... consideration if reforms continue, and the budget and growth performance is better than expected. On the other
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Draft 2023 budget sees growth cooling to 2.1 pct, primary surplus at 0.7 pct
EconomyMacroeconomyThe Finance Ministry tabled in Parliament on Monday the draft budget for 2023, in which Greece... the pandemic. Investments are expected to have a prominent role, growing by 16 pct in 2023, from 10 pct.... The final budget is expected to be tabled in the second half of November.
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PASOK tries to take initiative in budget debate as SYRIZA exodus continues
PoliticsGreek PoliticsThe debate about the 2025 budget is due to begin in Parliament on Wednesday amid an ongoing tug... sector. The socialists have attempted to upstage the government ahead of the budget debate, which... Stefanos Kasselakis edges closer to his target of gathering 10 MPs to support his new party, Movement
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Newsletter 278 -14/12/2020
Budget adopted, recovery targeted Govt looking to investments and Covid-19 vaccine to underpin growth in 2019 Having secured the adoption of the 2021 budget in Parliament this week, the government... was passed with the votes of all its 158 MPs as all the opposition lawmakers voted against the budget
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The case of SYRIZA's fiscal performance
AgoraThis blog is about the Greek general government overall budget balance since 2013 (after the most... for the following reason: we recommend that Greece follow (roughly) a balanced budget objective. Then a gradual..., in euros, would stay constant—consistent with a balanced budget that requires that existing debt
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Budget primary shows deficit of 18.20 bln in 2020, total deficit at 22.81 bln
EconomyMacroeconomyThe budget primary balance recorded a deficit of 18.20 billion euros in 2020, compared to a surplus of 5.02 billion noted in December 2019, the preliminary Finance Ministry (MoF) budget execution.... For the same month last year, the primary deficit came to 1.93 billion euros. The budget balance
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Budget primary shows deficit of 1.5 bln in Feb, above target by 1.23 bln
EconomyMacroeconomyThe budget primary balance recorded a deficit of 1.5 billion euros in the two month of 2021...) budget execution bulletin for February showed. The primary balance was above its target by 1.23 billion euros. Expenditure excluding interest payments and the public investment budget came to 8.19
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Budget primary deficit at 3.42 bln in March, above target by 941 mln
EconomyMacroeconomyThe budget primary balance recorded a deficit of 3.42 billion euros in the first three month... Ministry (MoF) budget execution bulletin for March showed on Thursday. The primary balance was above its target by 941 million euros. Expenditure excluding interest payments and the public investment budget
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