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Budget
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EconomyMacroeconomy
General govt primary cash surplus improves to 1.4 bln in Jan, arrears rise to 4.8 bln Greece’s general government (gg) primary cash surplus rose by 120 million euros to 1.42 billion in January from 1.3 billion a year ago, the Finance Ministry (MoF) gg bulletin showed on Tuesday evening.
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EconomyMacroeconomy
Budget primary surplus at 1 bln in Jan as tax revenues outperform The budget primary surplus was confirmed at 1.02 billion euros in the first month of 2017 broadly stable from last year, according to the Finance Ministry (MoF) final budget execution bulletin published on Friday.
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EconomyMacroeconomy
Budget execution starts 2017 with primary balance outperformance on target-beating revenues The budget primary balance recorded a surplus of 1.02 billion euros in the first month of 2017, broadly similar to that posted a year ago, the Finance Ministry (MoF) preliminary budget execution bulletin revealed on Tuesday.
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EconomyMacroeconomy
General gov't primary cash surplus up to 5 bln in 2016, arrears fall by 1.1 bln in Dec Greece’s general government (gg) primary cash surplus increased by 1 billion euros to 5 billion in 2016 from around 4 billion in the previous year, the Finance Ministry (MoF) gg bulletin revealed on Friday evening.
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EconomyMacroeconomy
PBO warns of recovery risks, fourth bailout and possible default In its quarterly report published on Friday, the Parliamentary Budget Office (PBO) urged for a swift conclusion of the programme review and implementation of the necessary reforms, which could lead to a sustainable economic recovery.
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EconomyMacroeconomy
Tax revenue overperformance leads budget primary surplus to 4.44 bln in 2016 Greece’s budget primary surplus almost doubled to 4.44 billion euros in 2016 from 2.27 billion in 2015, the Finance Ministry (MoF) final budget execution bulletin showed on Tuesday.
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EconomyMacroeconomy
Significant revenue outperformance drives budget primary surplus to 4.4 bln in 2016 Greece’s budget primary surplus stood at 4.39 billion in 2016, almost double the 2015 figure of 2.27 billion, the Finance Ministry (MoF) preliminary budget execution bulletin revealed on Tuesday.
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EconomyMacroeconomy
General govt primary cash surplus improves to 6.4 bln by Nov, arrears drop to 5.6 bln Greece’s general government (gg) primary cash surplus grew by 1.4 billion euros to 6.4 billion in the 11-month period of 2016 from 5 billion a year ago, the Finance Ministry (MoF) gg bulletin revealed on Tuesday.
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EconomyMacroeconomy
Jan-Nov budget primary surplus surges to 7.4 bln on solid revenue performance Greece’s budget primary surplus jumped to 7.42 billion euros in the 11-month period of 2016, up by almost 71 percent from last year’s figure of 4.34 billion, the Finance Ministry (MoF) final budget execution bulletin showed on Thursday.
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EconomyProgramme
Athens settles pension handout row, looks for review progress Eurogroup President Jeroen Dijsselbloem concluded on December 24 that “the way has been cleared for the European Stability Mechanism (ESM) to go ahead with the decision-making procedures” for the implementation of short-term debt relief measures after Greek Finance Minister Euclid Tsakalotos sent a letter to the institutions providing assurances regarding primary surplus targets and the distribution of any excess.