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Budget
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EconomyProgramme
Houliarakis provides clearest view so far on Athens's debt relief expectations Alternate Finance Minister Giorgos Houliarakis made the current government’s clearest statement so far on what it expects in terms of debt relief and how it believes this could help the country in the future.
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EconomyMacroeconomy
Revenues beat target for second straight month in Oct with 739 mln over-performance Greek budget revenues beat their target comfortably for the second successive month in October, according to General Secretariat of Public Revenues (GSPR) figures provided by the Finance Ministry (MoF) on Thursday.
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EconomyMacroeconomy
General government primary cash surplus substantially widens to 5.3 bln by September, arrears edge down to 6.2 bln Greece’s general government (gg) primary cash surplus notably widened by 2.89 billion to 5.33 billion in the 9-month period of 2016 from 2.44 billion a year ago, the Finance Ministry (MoF) gg bulletin displayed on Wednesday.
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EconomyMacroeconomy
Parliament's budget office sees obstacles to recovery, warns on private debt In its quarterly report published on Monday, the Parliamentary Budget Office (PBO) notes that the macroeconomic developments in Greece in the third quarter (Q3) sent mixed signals.
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EconomyProgramme
Some progress in first round of talks but most second review issues remain unresolved Following the first round of discussions on the second programme review, which began on October 21 and concluded last Thursday, Finance Ministry sources claimed significant progress was made on most issues.
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EconomyProgramme
First round of second review discussions concludes on Thursday The first round of discussions between the Greek government and the institutions’ mission chiefs on the second programme review lasted one week and concludes on Thursday.
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EconomyMacroeconomy
Budget primary surplus to Sept surges to 5.44 bln on solid tax revenues Greece’s budget primary surplus surged by more than 77 percent to 5.44 billion euros in the 9-month period of 2016 from 2.27 billion a year ago, according to the Finance Ministry (MoF) final budget execution bulletin published on Monday.
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EconomyMacroeconomy
ELSTAT revises 2015 primary surplus downward to 0.15 pct of GDP, slightly ups debt The second notification of the annual fiscal data published by the Hellenic Statistical Authority (ELSTAT) on Thursday revealed a lower 2015 primary surplus and higher debt compared to the initial figures published in its first notification on April 21.
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EconomyMacroeconomy
PBO report highlights short-term recessionary impact and tax-centric austerity of 2017 draft budget The Parliamentary Budget Office (PBO) published an interim report on Wednesday evening commenting on the 2017 draft budget tabled by the Finance Ministry on October 4.
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EconomyMacroeconomy
Budget primary surplus to Sept reaches 5.45 bln on strong revenue performance Greece’s budget primary surplus soared 77.5 percent to 5.45 billion euros in the 9-month period of 2016 from 2.27 billion last year, the Finance Ministry (MoF) preliminary budget execution bulletin showed on Friday.