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Budget
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EconomyMacroeconomy
Budget primary shows deficit of 13.75 bln in November The budget primary balance recorded a deficit of 13.75 billion euros in the first eleven months of 2020, compared to a surplus of 6.95 billion noted in November 2019, the final Finance Ministry (MoF) budget execution bulletin for November showed on Monday.
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EconomyMacroeconomy Budget primary shows deficit of 13.81 bln in November, above target by 1.48 bln The budget primary balance recorded a deficit of 13.81 billion euros in the first eleven months of 2020, compared to a surplus of 6.95 billion noted in November 2019, the preliminary Finance Ministry (MoF) budget execution bulletin for November showed on Wednesday.
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PoliticsGreek Politics
Budget passed as govt pins hopes on vaccine rollout to get economy on track The 2021 budget was passed through Parliament on Tuesday night after five days of intense debate, allowing the government to now focus on the coronavirus vaccination programme that it hopes will be a catalyst for the economic recovery it expects next year.
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PoliticsGreek Politics
Slight easing of Covid-19 data as focus turns to retail, budget There was slight encouragement for the government over the weekend as Greece’s Covid-19 numbers eased a little ahead of the start of efforts to re-open parts of the retail sector in the run-up to Christmas.
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EconomyMacroeconomy
Budget primary confirmed at deficit of 9.07 bln in October The budget primary balance recorded a deficit of 9.07 billion euros in the first ten months of 2020, compared to a surplus of 5.74 billion noted in October 2019, the final Finance Ministry (MoF) budget execution bulletin for October showed on Wednesday.
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EconomyMacroeconomy
Revised 2021 budget sees bigger contraction, slower recovery and support of 31.4 bln euros With Greece having completed two weeks of general lockdown and as Covid-19 data continued to cause alarm, Finance Minister Christos Staikouras tabled to Parliament on Friday the final 2021 budget, which was substantially revised from the draft document submitted at the start of October.
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EconomyMacroeconomy
Budget primary shows deficit of 9.06 bln in October The budget primary balance recorded a deficit of 9.06 billion euros in the first ten months of 2020, compared to a surplus of 5.74 billion noted in October 2019, the preliminary Finance Ministry (MoF) budget execution bulletin for October showed on Monday.
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PoliticsGreek Politics
Surge in Covid-19 deaths as work on adjusted 2021 budget nears completion More than 100 Greeks who contracted Covid-19 died over Saturday and Sunday, making it the worst weekend since the pandemic began.
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EconomyMacroeconomy
EC forecasts 9 pct dip followed by 5 pct recovery but new lockdown not factored in The European Commission published on Thursday the economic forecasts for Europe within the context of the 2020 autumn forecasts.
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EconomyMacroeconomy Budget primary shows deficit of 7.01 bln in September The budget primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared to a surplus of 4.47 billion noted in September 2019, the final Finance Ministry (MoF) budget execution bulletin for September confirmed on Monday.