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Budget
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PoliticsGreek Politics
PM seeks fine balance as he prepares to unveil latest set of fiscal measures Prime Minister Kyriakos Mitsotakis is building up towards his economic policy speech in Thessaloniki on September 12, although the government is trying to lower expectations about what the public should expect.
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EconomyMacroeconomy
Budget primary deficit of 7.46 bln confirmed for July as revenues sag The budget primary balance recorded a deficit of 7.46 billion euros in the first seven months of 2020, compared to a surplus of 1.76 billion noted in July 2019, the final Finance Ministry (MoF) budget execution bulletin for July showed on Thursday.
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EconomyMacroeconomy
Budget deficit balloons to 8.2 bln euros in July amid measures linked to pandemic The budget primary balance widened substantially in July to 8.2 billion euros, from a deficit of 6.10 billion euros in the first six months of 2020, preliminary Finance Ministry (MoF) budget execution data showed on Wednesday.
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EconomyMacroeconomy
Budget primary balance confirmed at deficit of 6.10 bln in June The budget primary balance recorded a deficit of 6.10 billion euros in the first six months of 2020, compared to a surplus of 381 million noted in June 2019, the final Finance Ministry (MoF) budget execution bulletin for June showed on Monday.
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EconomyMacroeconomy
Budget primary shows deficit of 5.86 bln in June, target shortfall widens to 6.18 bln The budget primary balance recorded a deficit of 5.86 billion euros in the first half of 2020, compared to a surplus of 381 million noted in June 2019, the preliminary Finance Ministry (MoF) budget execution bulletin for June showed on Wednesday.
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EconomyMacroeconomy
Budget primary deficit of 4.80 bln confirmed for May as Covid-19 measures hit The budget primary balance recorded a deficit of 4.84 billion euros in the first five months of 2020, compared to a surplus of 916 million noted in May 2019, the final Finance Ministry (MoF) budget execution bulletin for May showed on Thursday.
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EconomyMacroeconomy
Covid-19 takes toll on budget as primary deficit widens to 4.80 bln in May The budget primary balance recorded a deficit of 4.80 billion euros in the first five months of 2020, compared to a surplus of 916 million noted in April 2019, the preliminary Finance Ministry (MoF) budget execution bulletin for May showed on Monday.
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EconomyMacroeconomy
April budget primary balance shows deficit of 1.52 bln as state revenues miss target by 7.5 pct The budget primary balance recorded a deficit of 1.52 billion euros in the first four months of 2020, compared to a surplus of 1.46 billion noted a year earlier, the final Finance Ministry (MoF) budget execution bulletin for April showed on Monday.
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EconomyMacroeconomy
PBO highlights economic impact of Covid-19, calls for policies to mitigate damage The Budget office of the Greek Parliament (PBO) issued its first quarterly report for 2020 in which the early signs of the pandemic started becoming visible, although the office notes that even the latest fiscal and macro data are far from capturing the impact of the pandemic.
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EconomyMacroeconomy
Budget primary balance dips to deficit of 1.51 bln in April on Covid-19 measures The budget primary balance recorded a deficit of 1.51 billion euros in the first four months of 2020, compared to a surplus of 1.46 billion noted in April 2019, the preliminary Finance Ministry (MoF) budget execution bulletin for April showed on Friday.