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Budget
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EconomyMacroeconomy
Underspend and improved tax collection help budget beat target by 881 mln in July The budget primary balance came to a surplus of 3.56 billion euros in July, compared to a deficit of 1.16 billion euros in the same period of 2022, according to the preliminary Finance Ministry (MoF) budget execution data released on Wednesday.
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EconomyMacroeconomy VAT and income tax drive budget performance in Jun, interest bill above target by 741 mln The budget primary balance in June was confirmed to be a surplus of 2.12 billion euros, compared to a deficit of 3.43 billion euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Tuesday.
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EconomyMacroeconomy
Budget execution continues to outperform in June, led by 2.2 bln in excess taxes The budget primary balance came to a surplus of 2.12 billion euros in June, compared to a deficit of 3.43 billion euros in the same period of 2022, according to the preliminary Finance Ministry (MoF) budget execution data released on Monday.
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EconomyMacroeconomy VAT, income taxes help push May budget primary balance above target by more than 3 bln The budget primary balance in May was confirmed to be a surplus of 2.3 billion euros, compared to a deficit of 1.49 billion euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Monday.
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EconomyMacroeconomy Budget primary surplus comfortably beats target in May as taxes outperform by 2 bln The budget primary balance came to a surplus of 2.29 billion euros in May, compared to a deficit of 1.49 billion euros in the same period of 2022, according to the preliminary Finance Ministry (MoF) budget execution data released on Thursday.
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EconomyMacroeconomy
VAT and income taxes drive revenue and budget outperformance in April The budget primary balance in April was confirmed to be a surplus of 2.44 billion euros, compared to a deficit of 799 million euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Thursday.
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EconomyMacroeconomy
EC reports highlight tight fiscal path and economic challenges The European Commission published on Wednesday two key reports, one was in the context of the 2023 spring recommendations and the other was the second report of the post-enhanced surveillance period.
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EconomyMacroeconomy
EC doubles 2023 growth forecast to 2.4 pct, affirms 2.5 pct of GDP primary surplus next year The European Commission upped its outlook on Greece for this year in its latest forecast published on Monday. It now expects the Greek economy to grow by 2.4 pct in 2023, from 1.2 seen in the previous estimate in February.
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EconomyMacroeconomy
Budget primary surplus of 2.43 bln in April thanks to 1.64 bln tax outperformance The budget primary balance came to a surplus of 2.34 billion euros in April, compared to a deficit of 799 million euros in the same period of 2022, according to the preliminary Finance Ministry (MoF) budget execution data released on Monday.
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EconomyMacroeconomy Stability Programme sees improved growth, primary surplus above 2 pct from 2024 Greece submitted to the European Council and the European Commission the latest Stability Programme of 2023, covering the 2024-2026 period, in line with the Council regulations.