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Budget
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EconomyMacroeconomy
Aided by underspend, budget primary surplus reaches 1.84 bln in 5-month, 792 mln above target The budget primary balance recorded a surplus of 1.84 billion euros in the 5-month period of 2017, up by 26.5 percent from last year’s figure of 1.46 billion, the Finance Ministry (MoF) preliminary budget execution bulletin showed on Wednesday.
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EconomyMacroeconomy
General govt primary cash surplus rises to 2.6 bln in 4-month, arrears fall below 5 bln Greece’s general government (gg) primary cash surplus edged up by 35 million euros from the previous year to 2.63 billion in the 4-month period of 2017, the Finance Ministry (MoF) gg bulletin showed.
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EconomyMacroeconomy
Budget primary surplus of 1.73 bln outperforms target, tax revenues fall short in April The budget primary surplus was 928 million euros above target on strong underspend, the Finance Ministry’s (MoF) final budget execution bulletin showed.
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EconomyProgramme
Finance Ministry details impact of pension interventions, sees 2021 social budget surplus at 3.17 bln The Finance Ministry tabled a legislative improvement in the multi-bill with prior actions, presenting the impact of the 2015-2016 social security fund interventions up to 2021.
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EconomyMacroeconomy
Finance Ministry ups 2017 budget primary surplus estimates on higher revenue projections In addition to fiscal forecasts and interventions for the coming years, the Medium-Term Fiscal Strategy (MTFS) for 2018-2021 has updated state budget estimates for 2017.
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EconomyMacroeconomy
Budget primary surplus hits 1.74 bln in 4-month, beating target on strong underspend The budget primary balance posted a surplus of 1.74 billion euros in the 4-month period of 2017, down by 9 percent from last year’s figure of 1.9 billion, the Finance Ministry (MoF) preliminary budget execution bulletin revealed on Monday.
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EconomyProgramme
Govt tables 2018-21 MTFS containing 4.5 bln in measures, sees growth rising from 1.8 pct this year The government tabled in Parliament on Saturday night the Medium-Term Fiscal Strategy (MTFS) for 2018-2021 as the last article in the 275-page multi-bill containing the measures needed for the conclusion of the second programme review.
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EconomyMacroeconomy
General govt primary cash surplus falls to 1.2 bln in Q1, arrears edge down to 5.05 bln Greece’s general government (gg) primary cash surplus dropped by 1.17 billion euros to 2.04 billion in the first quarter (Q1) of 2017 from 3.22 billion a year ago, the Finance Ministry (MoF) gg bulletin revealed on Friday.
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EconomyProgramme
Debt relief, MTFS and return to bond markets on agenda after technical agreement Following the technical agreement between the Greek government and the institutions’ mission chiefs on Tuesday morning, an extraordinary Eurogroup Working Group (EWG) is due to be held on Thursday evening.
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EconomyMacroeconomy
Parliament Budget Office welcomes deal, warns on economic prospects and reform implementation The agreement reached with lenders is an important first step towards restoration of confidence, inclusion of Greek government bonds in the European Central Bank’s QE programme and a future return to capital markets, according to the Parliament Budget Office's (PBO) first quarter (Q1) report.