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Budget
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EconomyMacroeconomy
Budget primary shows deficit of 6.21 bln in April, falling below target as expenditure grows The budget primary balance recorded a deficit of 6.21 billion euros in the first four month of 2021, compared with a deficit of 1.52 billion in the same period of 2020, the preliminary Finance Ministry (MoF) budget execution bulletin for April showed on Monday.
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EconomyMacroeconomy
Budget primary deficit beats March goal amid resilient income tax take The budget primary balance recorded a deficit of 3.41 billion euros in the first three months of 2021, compared with a surplus of 494 million in the same period of 2020, the final Finance Ministry (MoF) budget execution bulletin for March showed on Monday.
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EconomyMacroeconomy
General government debt rises to 205.6 pct of GDP in 2020 Greece’s general government debt rose to 205.6 percent of gross domestic product last year as the coronavirus pandemic sunk economic output.
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EconomyMacroeconomy
Budget primary deficit at 3.42 bln in March, above target by 941 mln The budget primary balance recorded a deficit of 3.42 billion euros in the first three month of 2021, compared with a surplus of 494 million in the same period of 2020, the preliminary Finance Ministry (MoF) budget execution bulletin for March showed on Thursday.
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EconomyMacroeconomy
Budget primary deficit confirmed at 1.5 bln in Feb, beating target The budget primary balance recorded a deficit of 1.5 billion euros in the two month of 2021, compared with a surplus of 831 million in the same period of 2020, the preliminary Finance Ministry (MoF) budget execution bulletin for February showed.
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EconomyMacroeconomy
Budget primary shows deficit of 1.5 bln in Feb, above target by 1.23 bln The budget primary balance recorded a deficit of 1.5 billion euros in the two month of 2021, compared with a surplus of 831 million in the same period of 2020, the preliminary Finance Ministry budget execution bulletin for February showed.
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PoliticsGreek Politics
Govt counts fiscal cost as Greece heads for lockdown extension The government is expected to announce the extension of the stricter lockdown in place in Attica and other parts of Greece for at least one more week due to the persistently high number of Covid-19 cases and the pressure on the national health system.
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EconomyMacroeconomy
Budget primary confirmed at deficit of 1.47 bln in Jan as taxes dwindle The budget primary balance recorded a deficit of 1.47 billion euros in the first month of 2021, compared to a surplus of 495 million noted in January 2020, the final Finance Ministry (MoF) budget execution bulletin for January showed.
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EconomyProgramme
In 9th post-bailout review, EC sees reforms slowing due to pandemic The European Commission published on Wednesday the ninth post-programme report in the context of the enhanced surveillance agreed at the end of Greece’s third adjustment programme back in the summer of 2018.
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EconomyMacroeconomy
Retail sales drop by 8.6% in 2020 as e-shops prosper but many sectors suffer The complete picture of a dire year for the retail sector in Greece was captured on Tuesday when the Hellenic Statistical Authority (ELSTAT) released the full-year results for the sector.