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Budget
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Economy
Athens expects emergency economic measures to contain 2020 contraction to 4.7 in baseline The Greek Finance Ministry published on Sunday night the Stability Programme for 2020 that it submitted to the European Commission, providing the first official assessment of the economic impact the government expects to see from Covid 19 this year, as well as the notable recovery expected next year.
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EconomyMacroeconomy
Budget primary surplus at 494 mln in Mar amid first signs of Covid-19 impact on revenues The budget primary balance recorded a surplus of 494 million euros in the first three months of 2020, compared to a surplus of 1.44 billion in March 2019, the final Finance Ministry (MoF) budget execution bulletin showed on Monday.
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EconomyMacroeconomy
IMF expects difficult year for public finances, PBO highlights impact on labour force The IMF released on Wednesday its Fiscal Monitor report, which compounded the grim picture for Greece on the budget front, after the forecast for a 10 pct in the World Economic Outlook that was published on Tuesday.
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EconomyMacroeconomy
Budget primary surplus at 595 mln in March The budget primary balance recorded a surplus of 595 million euros in the first three months of 2020, compared to a surplus of 1.44 billion noted in March 2019, the preliminary Finance Ministry (MoF) budget execution bulletin showed on Wednesday.
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Economy
Greece braces for deeper Covid-19 impact on economy, budget and public debt The Finance Ministry is gradually accepting that the impact of Covid-19 in Greece will exact a heavy toll on the economy and the budget, with implications for the country’s public debt.
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Economy
Greece takes stock of measures to mitigate Covid-19 impact after Eurogroup reaches deal on latest batch After more lengthy negotiations, eurozone finance ministers arrived at an agreement on Thursday night to add to the measures that have already been announced to combat the economic impact of Covid-19.
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PoliticsGreek Politics
ND to unveil more economic support as coronavirus restrictions are extended The government is gearing up for the announcement of a new set of measures to help struggling businesses as the lockdown looks set to stretch well into April.
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EconomyMacroeconomy
Budget primary surplus confirmed at 831 mln in Feb The budget primary balance recorded a surplus of 831 million euros in the first two months of 2020, compared to a surplus of 822 million noted in February 2019, the Finance Ministry (MoF) budget execution bulletin confirmed on Thursday.
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EconomyMacroeconomy
Budget primary surplus at 823 mln in February The budget primary balance recorded a surplus of 823 million euros in the first two months of 2020, compared to a surplus of 822 million noted in February 2019, the preliminary Finance Ministry (MoF) budget execution bulletin showed on Monday.
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EconomyMacroeconomy
Budget primary balance confirmed at 495 mln in January The budget primary balance was confirmed at a primary surplus of 495 million euros in the first month of 2020, below target by 773 million euros, the Finance Ministry (MoF) final budget execution bulletin showed on Friday.