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Budget primary deficit to Oct confirmed at 7.18 bln, improving from 9.07 bln last year
EconomyMacroeconomyThe budget primary balance landed at a deficit of 7.18 billion euros up to October 2021, compared with a deficit of 9.07 billion in the same period last year, the final Finance Ministry (MoF) budget... budget by 185 million euros. Expenditure, excluding interest payments and the public investment
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Buoyed by improved tax revenues, budget deficit comfortably beats target at 7.88 bln in Nov
EconomyMacroeconomyThe budget primary balance for the eleven months of the year landed at a deficit of 7.88 billion... to the preliminary Finance Ministry (MoF) budget execution data released on Wednesday. The primary balance is well ahead of the target set in the final budget for 2022, beating it by roughly 1.1 billion euros
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Budget overperformance in Aug fuelled by VAT and income tax, spending significantly contained
EconomyMacroeconomyThe budget primary balance in August was confirmed at a surplus of 5.6 billion euros, compared...) budget execution data released on Monday. In the first eight months of the year, the budget... budget, came to 32.12 billion euros. Net revenues came to 43.12 billion euros. The budget balance up
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Athens goes over energy plans, eyes enhanced role
PoliticsForeign Policybetween the natural gas systems of Greece and Bulgaria, entering near Komotini and exiting near Stara
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Athens promotes role as energy hub as PM prepares for talks in Washington
PoliticsForeign Policythe northeastern Greek city of Komotini and Stara Zagora, in central Bulgaria. That includes
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Budget primary surplus of 2.38 bln by April, continues to beat target due to restricted spending
EconomyMacroeconomyGreece’s budget primary surplus reached 2.38 billion euros in the 4-month period of 2016 from 2.1... budget execution bulletin published on Thursday. The headline figure represents an outperformance... million), more than offsetting an underperformance of the Public Investment Budget (PIB
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Five-month budget primary surplus of 2.27 bln, revenues outperform in May
EconomyMacroeconomyGreece’s budget primary surplus stood at 2.27 billion euros in the 5-month period of 2016 up... budget execution bulletin showed on Thursday. The headline figure means there was an over-performance.... In contrast, Public Investment Budget (PIB) balance fell slightly short of target by 74 million
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Draft budget sees primary surplus at 1.8 pct of GDP in 2017, revenue interventions of 2.5 bln
EconomyMacroeconomydraft budget, which contains its fiscal estimates and the interventions needed to achieve them, as well... year is seen as having been exhausted at the end of first half. The draft budget assumes GDP... both the FAF target of 0.5 percent and last year’s budget forecast of 0.53 percent. The primary
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Aided by underspend, budget primary surplus reaches 1.84 bln in 5-month, 792 mln above target
EconomyMacroeconomyThe budget primary balance recorded a surplus of 1.84 billion euros in the 5-month period of 2017... budget execution bulletin showed on Wednesday. As we noted a month ago, the MoF updated in the May bulletin its previous annual budget estimates for 2017, included in the 2017 budget, with those
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Budget primary balance confirmed at deficit of 6.10 bln in June
EconomyMacroeconomyThe budget primary balance recorded a deficit of 6.10 billion euros in the first six months of 2020, compared to a surplus of 381 million noted in June 2019, the final Finance Ministry (MoF) budget... month last year, the primary deficit came to 535 million euros. The budget balance in the first six
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