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Budget
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EconomyMacroeconomy
Budget continued to outperform in Feb, delivering 3.4 bln primary surplus The budget primary balance recorded a surplus of 3.4 billion euros in February, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Friday.
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EconomyMacroeconomy
Budget starts new year on track, timing factors lead to 1.16 bln outperformance The budget primary balance was confirmed at a surplus of 2.28 billion euros in the opening month of 2024, compared to a surplus of 2.77 billion euros in the same month of 2023, according to the final Finance Ministry (MoF) budget execution data released on Monday.
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EconomyMacroeconomy
Strong start to budget execution in 2024 as Jan brings 2.12 bln primary surplus The budget primary balance started the new year strongly with a surplus of 2.12 billion euros in January, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Thursday.
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EconomyMacroeconomy Primary surplus lands at 3.92 bln in 2023 thanks to significant underspend and RRF funds The budget primary balance in December was confirmed at a surplus of 3.92 billion euros, compared to a deficit of 6.65 billion euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Thursday.
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EconomyMacroeconomy
Timing factors, underspend lead to budget outperformance of 4.54 bln in 2023 The budget primary balance came to a surplus of 3.69 billion euros for the full year in December, compared to a deficit of 6.65 billion euros in 2022, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday.
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EconomyMacroeconomy
Primary surplus confirmed at 5.83 bln in Nov on back of spending under-execution The budget primary balance in November was confirmed at a surplus of 5.83 billion euros, compared to a deficit of 1.09 billion euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Wednesday.
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EconomyMacroeconomy Solid revenues, contained spending lead to primary balance beating target by 2 bln in Nov The budget primary balance came to a surplus of 5.85 billion euros in November, compared to a deficit of 1.09 billion euros in the same period of 2022, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Tuesday.
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PoliticsGreek Politics
Budget marks return of trust, argues Mitsotakis The 2024 budget was passed through Parliament yesterday with the votes of the 158 New Democracy MPs, and Prime Minister Kyriakos Mitsotakis claiming that his government has rebuilt trust within the country as well as abroad.
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EconomyMacroeconomy
Final budget data for Oct verifies solid tax revenues on back of indirect and income tax haul The budget primary balance in October was confirmed at a surplus of over 6 billion euros, compared to a deficit of 350 million euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Monday.
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EconomyMacroeconomy
Final budget sees 2.9 pct growth in 2024, primary surplus at 2.1 pct of GDP The Finance Ministry submitted to Parliament the final budget for 2024, which sees growth picking up next year and a sizable primary surplus in line with the country’s fiscal commitments that support debt sustainability.