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Budget
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EconomyMacroeconomy
Primary balance up to July confirmed at 7.94 bln due to underspend, tax revenues The budget primary balance was confirmed at a surplus of 7.94 billion euros up to July, compared to a surplus of 5.67 billion euros in the same period a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Monday.
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EconomyMacroeconomy
Significantly contained spending pushes July primary surplus 4.36 bln above target The budget primary balance produced a surplus of 7.96 billion euros up to July, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday.
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EconomyMacroeconomy
Primary surplus at 4.52 bln by Jun thanks to strong taxes, contained spending The budget primary balance was confirmed at a surplus of 4.52 billion euros up to June, compared to a surplus of 2.91 billion euros in the same period a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Friday.
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EconomyMacroeconomy
Strong tax revenues, underspend push primary surplus 2.43 bln above target up to June The budget primary balance produced a surplus of 4.67 billion euros up to June, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Tuesday.
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EconomyMacroeconomy
Strong income tax revenues and contained spending maintain budget outperformance in May The budget primary balance was confirmed at a surplus of 5.34 billion euros up to May, compared to a surplus of 3.2 billion euros in the same period a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Wednesday.
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EconomyMacroeconomy
PBO affirms strong macro and fiscal trajectory, growth seen at 2.2 pct The Parliamentary Budget Office (PBO) published its quarterly report on Tuesday, where the stable economic outlook and the solid fiscal performance were reaffirmed, though the PBO does see challenges mostly due to geopolitical instability and trade-related tensions.
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EconomyMacroeconomy
Revenues continue beating targets in May, tight rein on spending remains The budget primary balance ran a surplus of 5.35 billion euros up tp May, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday.
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EconomyMacroeconomy
Clarity over fiscal space clears way for next set of relief measures Greece’s fiscal outlook became clearer this week along with the ability of the Greek government to implement more voter-friendly policies as it attempts to restore its relations with the electorate.
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PoliticsGreek Politics
Clarity over fiscal space allows PM to prepare next relief package The government sees the activation of the defence spending clause for European Union member states as providing vital support to its plans to deliver a hefty relief package to Greek voters later this year, which the ruling conservatives hope will boost their popularity and put them on course for a convincing election victory in 2027.
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EconomyMacroeconomy
OECD sees stable growth path of 2 pct in 2025, long-term challenges persist The OECD published on Tuesday its latest economic outlook, which sees a stable growth path for Greece, broadly in line with the latest estimates by most organisations and the Greek authorities.