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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.
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EconomyMacroeconomy
Budget primary surplus to Nov reaches 7.4 bln on continued strong revenue performance Greece’s budget primary surplus climbed to 7.45 billion euros in the 11-month period of 2016, up by 71.7 percent from last year’s figure of 4.34 billion, the Finance Ministry (MoF) preliminary budget execution bulletin revealed on Wednesday.
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EconomyProgramme![Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]](resources/toolip/img-thumb/2014/08/11/imf_439_1108-medium.jpg "Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]")
IMF sets out its stall as review deliberations resume in Athens Following the statements made during a regular press briefing by the IMF spokesman Gerry Rice last Thursday ahead of the resumption of discussions between the institutions’ mission chiefs in Athens, the IMF sent a very strong message regarding the Greek programme on Monday evening.
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EconomyProgramme
Fiscal dispute dominates as Greece and lenders gear up for more talks The institutions’ mission chiefs are expected to return to Athens early this week to begin a new round of discussions with the Greek authorities on the ground, aiming clinch a staff-level agreement on the second programme review.
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EconomyMacroeconomy
Revenues beat target for third successive month in November Greek budget revenues beat their target, albeit marginally, for the third straight month in November, General Secretariat of Public Revenues (GSPR) figures revealed on Tuesday.
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EconomyMacroeconomy
General government primary cash surplus to Oct rises to 6.1 bln, arrears slip to 6.3 bln Greece’s general government (gg) primary cash surplus expanded by 1.37 billion euros to 6.08 billion in the 10-month period of 2016 from 4.71 billion in the corresponding period last year, the Finance Ministry (MoF) gg bulletin showed on Friday evening.
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EconomyProgramme
Having failed to resolve differences, Greece and lenders enter new week of talks Ahead of the Eurogroup Working Group due to convene on Monday, the Greek authorities held a teleconference on Saturday afternoon with the institutions’ mission chiefs on the second programme review.
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EconomyMacroeconomy Budget primary surplus to Oct confirmed at 6.5 bln, 2.9 bln above revised target Greece’s budget primary surplus was confirmed at 6.5 billion euros in the 10-month period of 2016 from 4.53 billion a year ago, the Finance Ministry (MoF) final budget execution bulletin showed on Thursday.