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  1. General govt primary cash surplus at 7.62 bln in Nov, arrears fall by 42 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    million euros to come to 2.03 billion versus 2.49 billion noted a year ago. Overall, the state budget... by extrabudgetary funds (-28 million), state budget arrears (-22 million) and local governments (-11 million.... SSF arrears fell by 822 million, followed by state budget (-55 million), tax refunds (-31 million

    9%

  2. Newsletter 190 -18/01/2018

    Newsletters

    in February. Greece’s 2019 budget was approved in November by the European Commission, with an emphasis... point in the last five years. 2 December primary surplus at 3.16 bln Total misses the full year target by 443 mln The budget primary balance came to a surplus of 3.16 billion euros in 2018, according

    9%

  3. General govt primary cash surplus at 5.63 bln in Dec, arrears fall by 536 mln but miss target
    Photo by MacroPolis

    EconomyMacroeconomy

    governments rose by 80 million to 692 million. Overall, the state budget primary balance declined by 276... budget arrears (-29 million). Extrabudgetary fund arrears rose by a slight 1 million euros..., followed by tax refunds (-259 million), state budget (-86 million) local governments (-38 million

    9%

  4. Govt looks for ways to manage promised tax cuts as Mitsotakis continues European charm offensive
    Photo by MacroPolis

    PoliticsGreek Politics

    in the 2020 budget. Funding the reductions to corporate tax from 28 to 24 percent and dividend tax from 10...-government spending review is also hoped to generate up to 2 billion euros of savings. Ministries... potentially create another 1.2 billion euros of breathing space in the budget annually. Ultimately

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  5. Vital economic legislation lined up as ND seeks compromise over diaspora vote
    Photo by MacroPolis

    PoliticsGreek Politics

    tax and pension reforms as well as the adoption of the 2020 budget. Parliament’s full assembly... by removing some bureaucratic hurdles, while House committees are to start analysing the draft budget... prepare to share out the additional surplus from this year’s budget, which has been estimated at 380

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  6. Newsletter 224 -25/10/2019

    Newsletters

    ND moves ahead with agenda Development bill through, draft budget in focus as deal in sight over... is more likely next year. Parliamentary committees also began analysing this week the draft budget... can prepare to share out the additional surplus from this year’s budget, which has been estimated

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  7. Government opts for modest tax relief, but who will benefit?

    EconomyFeatures

    in the accompanying report to the 2020 budget and they appear significantly lower, totalling 1.2 billion euros... to be approved in the context of the regular annual budget and the country’s debt relief agreement... ranging between 2 percent and 10 percent, resulting in actual marginal rates between 31 and 55 percent

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  8. IMF expects difficult year for public finances, PBO highlights impact on labour force
    Photo by MacroPolis

    EconomyMacroeconomy

    for Greece on the budget front, after the forecast for a 10 pct in the World Economic Outlook... as the pandemic will hit economic activity and budget intakes. Expenditure will jump from just 47.9 pct... to roughly 195 pct of GDP, reflecting a big denominator effect. The Parliamentary Budget Office (PBO

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  9. Newsletter 272 -06/11/2020

    Newsletters

    are reflected on the budget. The Commission sees a headline deficit of 7 pct of GDP... the temporary measures that the authorities included in the draft budget of 2021, worth 1.1 pct of GDP... of a second lockdown is leading the government to rethink its 2021 budget, along with announcing a new set

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  10. Greece voices support for Ukraine as govt counts cost of war's impact on economy, public finances

    PoliticsGreek Politics

    inflation, even as fuel approaches 2 euros per litre and heating oil is up 38 pct year-on-year.... There is now a real possibility that the government will have to dip into the state budget to provide... of more public debt. The country also ran up primary budget deficits of 9.5 and 7.1 pct of GDP over

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