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Arrears
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PoliticsGreek Politics
Rising contributions spark concern in key voter groups Apart from turning a primary deficit into a surplus in what is expected to be a low-growth environment next year, the government is also facing another challenging balancing act as it will have raise social security contributions for the self-employed despite pledging lower levies for employers and employees.
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Economy
Some key tasks pending as Greece edges closer to completing post-programme process Greece formally completed the eleventh post-programme review, which took place remotely in mid-July and was followed by regular consultations, with the report published on Wednesday by the European Commission.
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EconomyMacroeconomy
General govt balance deteriorates due to deficits of state and social security funds Greece’s general government (gg) deficit came to 9.36 billion euros in the first seven months of the year, compared with a deficit of 5.96 billion euros in the same period of 2020, according to the Finance Ministry’s (MoF) latest monthly gg bulletin.
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EconomyMacroeconomy
General govt primary cash deficit at 6.66 bln in April; arrears fall Greece’s general government (gg) primary cash deficit came to 3.87 billion euros in the first four months of the year, compared with a deficit of 1.76 billion euros in the same period of 2020, according to the Finance Ministry’s (MoF) monthly gg bulletin.
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EconomyMacroeconomy
General govt primary deficit at 3.87 bln in March; spending soars Greece’s general government (gg) primary cash deficit came to 3.87 billion euros in the first three months of the year, compared with a surplus of 1.14 billion euros in the same period of 2020, according to the Finance Ministry’s (MoF) monthly gg bulletin.
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EconomyMacroeconomy
General govt primary cash deficit at 1.99 bln in February; arrears jump Greece’s general government (gg) primary cash deficit came to 1.99 billion euros in the first two months of the year, compared with a surplus of 1.42 billion euros in the same period of 2020, according to the Finance Ministry’s monthly gg bulletin.
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EconomyMacroeconomy
General govt primary cash deficit at 720 mln in January, as social security funds start year in deficit Greece’s general government (gg) primary cash deficit came to 720 million euros in January compared to a surplus of 878 million euros in the same month of in 2020, according to the Finance Ministry’s (MoF) monthly gg bulletin.
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EconomyMacroeconomy
General govt primary cash deficit of 12.55 bln in December, arrears drop by 345 mln Greece’s general government (gg) primary cash deficit came to 12.55 billion euros last year compared to a surplus of 9.46 billion in 2019, according to the Finance Ministry’s (MoF) monthly gg bulletin.
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EconomyMacroeconomy
General govt primary cash deficit of 13.75 bln in November, arrears drop by 302 mln Greece’s general government (gg) primary cash deficit came to 13.75 billion euros in the first eleven months of the year compared to a surplus of 7.28 billion in the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin.
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EconomyMacroeconomy
General govt primary cash deficit of 9.07 bln in October, arrears drop by 250 mln Greece’s general government (gg) primary cash deficit came to 9.07 billion euros in the first ten months of the year compared to a surplus of 5.64 billion in the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin.