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  1. General gov't primary cash surplus markedly better in July but arrears climb

    EconomyMacroeconomy

    driven by the high surpluses posted in the state budget (1.75 billion) and social security funds - SSFs... showed mixed trends. In particular, the primary cash surplus of the state budget continued... million (117 million in July) to 2.46 billion euros making up around 43 percent of total. State budget

    9%

  2. Newsletter 59 - 22/01/2016

    Newsletters

    stake in Thessaloniki Port Authority (OLTH) in April. The budget execution for 2015 showed revenues...-expected Public Investment Budget (PIB) balance led to a budget primary surplus of 2.27 billion for 2015... reflects a similar decrease in manufacturing turnover. 2 A year of SYRIZA Greeks paid a heavy price

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  3. Newsletter 83 - 22/07/2016

    Newsletters

    of the methods used. The budget execution for the first half of the year showed primary surplus notably... of 1.06 billion. Budget revenues soared 33.9 percent in June, leading the six-month figure up 7... be completed by the end of July. Primary surplus widens Greece’s budget primary surplus widened to 2.48

    9%

  4. Newsletter 94 - 04/11/2016

    Newsletters

    published on Monday, the Parliamentary Budget Office (PBO) warned that the path to economic recovery... that the 2017 draft budget is expected to have a recessionary impact mainly due to its tax-based... to 7.99 percent. September’s headline figure is the lowest since Greece joined the euro in 2002. 2

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  5. Primary cash surplus almost halves to 1.1 bln in 2-month
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    2 billion, related to the sale of Finansbank by National Bank (NBG), for the repayment of a loan..., the Public Investment Budget (PIB) surplus shrank to just 197 million this year from 1.17 billion a year ago. As we noted, the preliminary budget execution figures published by the Finance Ministry (MoF

    9%

  6. Primary cash balance turns to 295 mln deficit in Q1
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of 524 million last year. This includes revenues of almost 2 billion, related to National Bank (NBG... figure edging down by 33 million to 2.44 billion. Furthermore, Public Investment Budget (PIB... million from 1.3 billion last year. As we noted on Tuesday, the preliminary budget execution figures

    9%

  7. Newsletter 116 - 28/04/2017

    Newsletters

    remaining unchanged in Q2. The budget primary surplus was confirmed at 1.07 billion in the first quarter... final budget execution bulletin. The headline figure outperformed the target by 77 million, reflecting... primary expenditure by 790 million and a higher Public Investment Budget (PIB) surplus by 150 million

    9%

  8. Primary cash balance records deficit of 404 mln euros in 4-month period
    Photo by MacroPolis

    EconomyMacroeconomy

    , from a surplus of 205 million euros a year ago. This includes a one-off item of around 2 billion... by 11 million to 2.87 billion. The Public Investment Budget (PIB) deficit was reduced to 85 million..., the preliminary budget execution figures published by the Finance Ministry (MoF) showed

    9%

  9. Primary cash balance posts deficit of 316 mln in first 5 months
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    a year ago. As previously noted, this year’s figure includes a one-off item of around 2 billion.... The Public Investment Budget (PIB) deficit increased to 191 million in May from 155 million a year ago... last year, mainly due to a deterioration in February. As noted on Wednesday, the preliminary budget

    9%

  10. General govt primary cash surplus at 2.25 bln in May, arrears rise
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of hospitals (-57 million), local governments (-18 million) and state budget (-2 million.... The primary surplus of the state budget also declined by 1.15 billion to stand at 757 million... budget arrears rising by 70 million and extrabudgetary funds by 65 million. Tax refunds fell by 16

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