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Budget primary surplus at 7.61 bln in November as expenditure curtailed
EconomyMacroeconomyThe budget primary balance came to a surplus of 7.61 billion euros in the first eleven months of 2018, according to the preliminary budget execution bulletin for November published by the Finance... in the previous month. The balance a year ago showed a deficit of 683 million euros. The budget balance
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VAT and income tax drive budget performance in Jun, interest bill above target by 741 mln
EconomyMacroeconomyThe budget primary balance in June was confirmed to be a surplus of 2.12 billion euros, compared... (MoF) budget execution data released on Tuesday. In the first half of the year, the budget outperformed by 2.53 billion euros. Expenditure, excluding interest payments and the public investment budget
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Newsletter 168 -29/06/2018
, with the target decreasing gradually by 0.5 percentage points per year to level off at 2.2 percent... in 2030 and below 100 to 96.4 percent in 2060. Gross financing needs (GFN) are expected to strongly...-term, while the debt stock to GDP falls below 100 percent by 2060. The European Commission also
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Greek primary budget surplus rises to 2.53 bln at end of September
EconomyGreece’s budget execution showed the primary surplus widening to 2.53 billion euros in the 9-month... compared to August. The 9-month budget deficit stood at 2.29 billion euros, also displaying a better... reflects lower MoM interest payments in September. Both 9-month primary and budget balances continue
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Budget primary surplus of 2.1 bln in 2-month on large underspend in Feb
EconomyMacroeconomyThe budget primary balance posted a surplus of 2.12 billion euros in the 2-month period of 2017..., the Finance Ministry’s (MoF) preliminary budget execution bulletin revealed on Tuesday. This year’s... in February with the 2-month figure up by 18.6 percent to 645 million, which was 100 million above
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Athens preparing to present budget plans to lenders after tax cut pledges
EconomyProgramme. The Finance Ministry has been working on the draft 2020 budget, which it has to submit to the European... to 5 percent will have a fiscal impact of 100 million euros. Reducing the introductory income tax..., been collected so far. The government has already pointed out to the local media that budget revenues
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Despite ongoing budget talks, ND eyes more relief measures in coming months
PoliticsGreek PoliticsEven though negotiations between Athens and the institutions regarding next year’s budget...’s budget as New Democracy decided to focus on lowering income and corporate taxes. In a speech... from us,” he told the conservative lawmakers as he set out the government’s plans for the next 100
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Jan budget deficit confirmed at 15 mln, revenues 610 mln short and spending underexecuted
EconomyMacroeconomyThe budget primary balance for the first month of 2022 came to a small surplus of 15 million euros... Finance Ministry (MoF) budget execution data released on Friday. The primary balance is well ahead... budget, came to 3.11 billion euros. Net revenues came to 3.86 billion euros, below the target by 610
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Budget primary balance to Aug beats target by almost 6 bln as VAT, income and property taxes drive revenue outperformance
EconomyMacroeconomyThe budget primary balance for the first eight months of 2022 came to a small surplus of 20 million... to the final Finance Ministry (MoF) budget execution data released on Monday. The primary balance beat... budget, came to 34.24 billion euros. Net revenues reached 39.23 billion euros, above the target
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Final budget execution data for Sep highlights overperformance in most tax categories
EconomyMacroeconomyThe budget primary balance for the nine months of 2022 came to a small surplus of 52 million euros... to the final Finance Ministry (MoF) budget execution data released on Tuesday. The primary balance beat the target by 5.94 billion euros. Expenditure, excluding interest payments and the public investment budget
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