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Budget
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General govt primary cash surplus at 4.51 bln in eight-month, arrears increase to 6.03 bln
Greece’s general government (gg) primary cash surplus rose by 509 million euros from the previous year to 4.51 billion in the first eight months of 2017 according to the Finance Ministry’s (MoF) monthly gg bulletin.
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Athens outlines 2018 debt management plan for post-bailout era
In the draft 2018 budget submitted to Parliament on Monday, the Greek government outlined parts of its strategy for debt management next year and in the post-programme era.
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Draft budget sees stronger growth, fiscal targets being met
The Finance Ministry (MoF) tabled on Monday in Parliament’s Economic Affairs Committee the 2018 draft budget, which contains its fiscal estimates as well as the underlying macro assumptions.
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Third review seen taking longer than Athens had hoped
Discussions between Greek government officials and members of the technical teams dispatched to Athens by the institutions continued on Wednesday, amid suggestions that the coalition’s hopes of a swift conclusion to the review are likely to be dashed.
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General govt primary cash surplus at 4.10 bln in seven-month, arrears rise to 5.44 bln
Greece’s general government (gg) primary cash surplus came to 4.10 billion in the first seven months of the year according to the Finance Ministry’s (MoF) gg bulletin.
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Coalition faces demanding September on reform, fiscal and economic fronts
The brief respite for the government from bailout-related tasks is coming to an end as focus is gradually moving towards the next bailout review and the prior actions that Athens has to complete.
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Budget primary surplus at 3.05 bln in 7-month, above target on underspend
The budget primary balance recorded a surplus of 3.05 billion euros in the first seven months of 2017, up by 12.4 percent from last year’s figure of 2.72 billion, the Finance Ministry (MoF) preliminary budget execution bulletin showed on Monday.
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General govt primary cash surplus falls to 2.63 bln in six-month, arrears rise to 5.13 bln
Greece’s general government (gg) primary cash surplus fell by 807 million euros from the previous year to 2.63 billion in the first six months of 2017 according to the Finance Ministry’s (MoF) gg bulletin.
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IMF insists fiscal targets unrealistic, cites historical evidence to support case
From the start of Greece’s third European Stability Mechanism, programme in the summer of 2015, the International Monetary Fund had been calling for realistic assumptions in the assessment of Greece’s debt sustainability.
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Budget primary surplus at 1.94 bln in H1, beating target by 1.5 bln on underspend
The budget primary surplus was confirmed at 1.94 billion euros in the first half of 2017, up by 18.6 percent from last year’s figure of 1.63 billion, the Finance Ministry (MoF) final budget execution bulletin showed on Monday.