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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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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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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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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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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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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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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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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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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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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.