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  1. Central gov't cash surplus reaches 1.42 bln in 2014 after 1.19 bln deficit in Dec

    EconomyMacroeconomy

    and is mainly attributed to Public Investment Budget deficit of 857 million euros. The central government... on a cash basis, while the respective items included by the Ministry of Finance (MoF) in the budget... to 5.64 billion euros, almost in line with the respective budget figure of 5.57 billion. Reconciling

    2%

  2. Greek gg primary cash surplus at 2.2 bln in 2014, arrears down to 3.75 bln

    EconomyMacroeconomy

    the state budget at 17 million from a surplus of 1.83 billion in the 11-month period and social... budget posted the highest adjustment within 2014 as its 2013 deficit stood at 5 billion euros...) followed by hospitals (down by 148 million) and state budget (down by 118 million). Similarly, the year

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  3. Newsletter 23 - 17/04/2015

    Newsletters

    been since December 2012. March's figure is the highest reading since January 2013. Budget primary surplus rises Greece’s budget primary surplus rose to 1.74 billion euros, up 12.6 percent, at the end... expenditure (by 1.18 billion) and higher public investment budget (PIB) surplus (by 856 million

    2%

  4. General gov't primary surplus halves in Q1, arrears and guarantees jump

    EconomyMacroeconomy

    of Finance (MoF). The breakdown among the four key gg entities showed mixed trends. The budget primary... only showed a primary cash surplus of 173 fully attributed to budget, which posted a surplus of 784... million), local governments (+56 million), extrabudgetary funds (+35 million) and state budget (+29

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  5. Why doesn't Tsipras just cut defence spending?

    Agora

    Minister Alexis Tsipras faces in slashing the defence budget is that – contrary to what many people... budget, the government spent an average of 428 million euros on military procurements in each... the crisis began, more than 70 percent of the defence budget was used to pay staff but, according

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  6. General gov't primary cash surplus widens to 2.6 bln in Aug, arrears up by 2.15 bln

    EconomyMacroeconomy

    fiscal performance in the state budget and deteriorating in the other three sectors. The primary cash surplus of the state budget substantially widened by almost 2.5 times to 2.97 billion euros from... 13.7 percent of total. State budget arrears eased MoM yet they have risen by 571 million YtD to 728

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  7. Fiscal target revision shows 3.07 bln 9-month primary surplus was 1.8 bln above target

    Economy

    posted in the 8-month, the Finance Ministry (MoF) final budget execution figures showed on Tuesday... incorporated in the 2016 draft budget tabled on October 5. In particular, the 2015 primary surplus target... (before tax refunds) by 1.05 billion to 52.12 billion and Public Investment Budget (PIB) by 304

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  8. Greece stands on fault line between vicious and virtuous cycles for 2016

    Agora

    in Yen maturing in February. The state’s budget foresees a primary surplus of over 1 billion euros... of the first three months. In fact, in January the entire budget is in a 197 million total surplus, turning into a cumulative deficit of 1.3 billion euros up to March. (Cash balance state budget and Primary

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  9. General gov't primary cash surplus more than doubles to 4.14 bln in 2015, arrears ease to 5.4 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    performance reflects primary cash surpluses in all four sub-sectors. The figures for the state budget... to last year, state budget recorded the most notable improvement in its primary cash surplus by 1.92... to 18.49 billion and a fall in transfers from the state budget by 9.8 percent to 14.8 billion

    2%

  10. Primary cash surplus quadruples to 2.09 bln in first two months of 2016

    EconomyMacroeconomy

    to the budget execution, the marked year on year improvement reflects a soaring Public Investment Budget (PIB) surplus of 1.17 billion euros from just 258 million a year ago. Ordinary budget revenues... percent to 7.78 billion in the first two months of the year. Last week’s budget execution figures, which

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