Tags
Budget
RSS-
EconomyMacroeconomy
Final budget data for 2024 affirms solid surplus due to strong revenues, 2.75 bln underspend The budget primary balance was confirmed at a surplus of 8.7 billion euros in December, and for the full-year 2024, compared to a surplus of 3.92 billion euros in the same period a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Monday.
-
EconomyMacroeconomy
Budget reaches 8.63 bln primary surplus in 2024 thanks to tax outperformance and underspend The budget primary balance closed the year with a surplus of 8.63 billion euros up to December, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Friday.
-
EconomyMacroeconomy
Final Nov budget data reaffirms solid finances as underspend boosts primary surplus The budget primary balance was confirmed at a surplus of 12 billion euros in November, compared to a surplus of 5.83 billion euros in the same period a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Friday.
-
EconomyMacroeconomy
Budget exudes fiscal stability, but hints at political complications Last week’s five-day debate on the 2025 budget concluded on Sunday without any complications for the government, and the economic plan is certainly in line with the Greek authorities’ narrative that stabilising the economy is one of the current administration’s strongest achievements.
-
EconomyMacroeconomy
Budget rolls on with solid primary surplus of 12 bln in Nov The budget primary balance recorded a surplus of 12.01 billion euros up to November, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday.
-
PoliticsGreek Politics
PM intervenes on bank charges as budget attracts extra support Prime Minister Kyriakos Mitsotakis used Sunday’s budget vote as an opportunity to respond to recent criticism from the opposition by announcing a set of voter-friendly measures, including interventions to pare back unpopular bank charges.
-
EconomyMacroeconomy
OECD sees stable growth of 2.2 pct next year and persistent structural challenges The OECD published on Wednesday the latest economic outlook with the growth estimates for Greece broadly in line with other international organisations and the Finance Ministry’s forecasts. The report also outlines a number of challenges for the economy from the medium-term.
-
EconomyMacroeconomy
Details of 2025 budget point to complex economic challenges ahead The Finance Ministry tabled last Wednesday the final budget for 2025. As much as the headline numbers support the government narrative of stable growth and solid fiscal performance, the underlying numbers highlight the challenges for the coming years.
-
EconomyMacroeconomy
Final Oct budget execution data reaffirms solid primary surplus boosted by privatisation takings The budget primary balance was confirmed at a surplus of 13.53 billion euros in October, compared to a surplus of 6.08 billion euros in the same period a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Monday.
-
EconomyMacroeconomy Government tables 2025 budget, seeing stable growth, solid public finances and lower debt The Finance Ministry tabled in Parliament on Wednesday the final budget for 2025, which sees stable growth and a solid fiscal performance that keeps the debt-to-GDP ratio on a downward trajectory.