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Budget
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EconomyMacroeconomy
Budget primary surplus at 7.61 bln in November as expenditure curtailed The budget primary balance came to a surplus of 7.61 billion euros in the first eleven months of 2018, according to the preliminary budget execution bulletin for November published by the Finance Ministry (MoF) on Friday.
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EconomyMacroeconomy
General govt primary cash surplus at 6.68 bln in October, arrears rise by 9 mln Greece’s general government (gg) primary cash surplus came to 6.68 billion euros in the first 10 months of the year, up by 311 million euros compared to the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin.
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EconomyMacroeconomy
Primary surplus confirmed at 6.44 bln in October on revised budget targets The budget primary balance was confirmed at a surplus of 6.44 billion euros in the first 10 months of 2018, according to the final budget execution bulletin for October published by the Finance Ministry (MoF) on Monday.
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EconomyMacroeconomy
Final budget for 2019 excludes pension cuts, includes 910 mln in expansionary measures Following the formal approval by the European Commission on Wednesday as part of the European semester, the Finance Ministry tabled to Parliament the final budget for 2019.
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EconomyProgramme
Athens prepares final 2019 budget after green light to ditch pension cuts The government is set to submit the final version of the 2019 budget to Parliament on Wednesday without the pension cuts that were pre-legislated in 2017 but with the so-called “positive” measures announced by Prime Minister Alexis Tsipras at the Thessaloniki Expo in September.
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EconomyMacroeconomy
Budget primary surplus at 6.46 bln in October on improved revenues and primary underspend The budget primary balance came to a surplus of 6.46 billion euros in the first 10 months of 2018, according to the preliminary budget execution bulletin for October published by the Finance Ministry (MoF) on Wednesday.
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EconomyProgramme
Athens and lenders search for budget compromise by Thursday's EWG Greece and the European institutions appear to be just days away from a compromise over next year’s budget, although the form that their agreement will take is a matter of some dispute.
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EconomyMacroeconomy
General govt primary cash surplus at 5.21 bln in September, arrears fall by 411 mln Greece’s general government (gg) primary cash surplus came to 5.21 billion euros in the first nine months of the year, reduced by 116 million euros compared to the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin.
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EconomyProgramme
Athens ready to start legislating fiscal measures despite ongoing talks over 2019 budget All eyes will be on the dispute of Italy’s budget at Monday’s Eurogroup, but in Greece the government is preparing to start legislating fiscal measures even though the disagreement over its own economic plan for 2019 does not seem to have been settled yet.
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EconomyProgramme
IMF distances itself from budget talks, leaving Athens and EU to hammer out deal The International Monetary Fund has officially indicated that although it believes Greece should implement the pension cuts it has agreed for next year, it will leave it up to Athens and its European lenders to come to an arrangement over the 2019 budget.