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Budget
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EconomyProgramme
Athens prepares 2019 draft budget amid pension cuts dilemma The Greek government is set to take the next step in its efforts to call off next year’s pension cuts, when it submits the draft 2019 budget but finds itself in a delicate balancing act between domestic political pressures and the creditors’ concerns.
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EconomyMacroeconomy
Budget surplus confirmed at 3.16 billion in August The budget primary balance was confirmed at a surplus of 3.16 billion euros in the first eight months of 2018, according to the final budget execution bulletin for August published by the Finance Ministry (MoF) on Monday.
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EconomyMacroeconomy
Budget primary surplus at 3.14 bln in August as revenues grow and spending falls The budget primary balance came to a surplus of 3.14 billion euros in the first eight months of 2018, according to the preliminary budget execution bulletin for August published by the Finance Ministry (MoF) on Friday.
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EconomyMacroeconomy
General govt primary cash surplus at 2.82 bln in July, arrears unchanged Greece’s general government (gg) primary cash surplus came to 2.81 billion euros in the first seven months of the year, down by 1.33 billion euros compared to the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin.
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EconomyMacroeconomy
Growth conditions improving but more work needed over longer term, PBO suggests The Parliament Budget Office's (PBO) second quarter (Q2) report, published recently, examined the current economic conditions in Greece but also how exports and imports have evolved during the crisis.
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EconomyMacroeconomy
General govt primary cash surplus at 1.45 bln in June as expenditure picks up Greece’s general government (gg) primary cash surplus came to 1.45 billion euros in the first six months of the year, down by 1.15 billion euros compared to the first half of 2017, according to the Finance Ministry’s (MoF) monthly gg bulletin.
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EconomyMacroeconomy
General govt primary cash surplus at 1.65 bln in May on slower expenditure decline Greece’s general government (gg) primary cash surplus came to 1.65 billion euros in the first five months of the year, falling by 571 million euros compared to the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin.
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EconomyMacroeconomy
Fiscal Council endorses fiscal and macro assumptions but warns of potential obstacles The Greek Finance Ministry is due to table to Parliament on Friday the multi-bill that will wrap up its obligations for the conclusion of the final programme review, along with the updated Medium-Term Fiscal Strategy (MTFS) for the period between 2019 and 2022.
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EconomyMacroeconomy
General govt primary cash surplus at 2.42 bln in April, arrears fall by 66 million Greece’s general government (gg) primary cash surplus amounted to 2.42 billion in the first four months of 2018, down by 227 million euros compared to the same time last year, according to the Finance Ministry’s (MoF) monthly gg bulletin.
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EconomyMacroeconomy
General govt primary cash surplus at 2.58 bln in March as revenues rise Greece’s general government (gg) primary cash surplus amounted to 2.58 billion in the first three months of 2018, up 519 million euros compared to the same time last year, according to the Finance Ministry’s monthly gg bulletin.