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Draft budget sees growth picking up in 2024, strong revenues driving primary surplus to 2.1 pct of GDP
The Finance Ministry tabled in Parliament on Monday the draft budget for 2024, with Greece seen growing by 3 pct in 2024 and securing a primary surplus of 2.1 pct of GDP.
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Budget overperformance in Aug fuelled by VAT and income tax, spending significantly contained
The budget primary balance in August was confirmed at a surplus of 5.6 billion euros, compared to a surplus of 19 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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Tax revenues continue to outperform in Aug, as ministry explains frugal approach
The budget primary balance came to a surplus of 5.59 billion euros in August, compared to a surplus of 19 million euros in the same period of 2022, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday.
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Income tax, VAT help generate 3.56 bln budget surplus in July as interest expenses exceed 5 bln
The budget primary balance in July was confirmed at a surplus of 3.56 billion euros, compared to a deficit of 1.16 billion euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Friday.
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New bonds drive up central government debt by 3 bln to 404.69 bln in Q2
Greece’s central government debt recorded a sizable rise of over 3 billion euros to 404.69 billion euros in Q2 2023, the Finance Ministry's (MoF) debt bulletin showed on Friday.
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Underspend and improved tax collection help budget beat target by 881 mln in July
The budget primary balance came to a surplus of 3.56 billion euros in July, compared to a deficit of 1.16 billion euros in the same period of 2022, according to the preliminary Finance Ministry (MoF) budget execution data released on Wednesday.
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Early goals set as new cabinet gets to grips with tasks for ND's second term
The new cabinet, chosen by Prime Minister Kyriakos Mitsotakis after his re-election on Sunday, is due to meet for the first time on Wednesday as the government looks to pick up where it left off in May and continue what the New Democracy leader has labelled the “transformation” of Greece.
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VAT, income taxes help push May budget primary balance above target by more than 3 bln
The budget primary balance in May was confirmed to be a surplus of 2.3 billion euros, compared to a deficit of 1.49 billion euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Monday.
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Budget primary surplus comfortably beats target in May as taxes outperform by 2 bln
The budget primary balance came to a surplus of 2.29 billion euros in May, compared to a deficit of 1.49 billion euros in the same period of 2022, according to the preliminary Finance Ministry (MoF) budget execution data released on Thursday.
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VAT and income taxes drive revenue and budget outperformance in April
The budget primary balance in April was confirmed to be a surplus of 2.44 billion euros, compared to a deficit of 799 million euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Thursday.