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MoF
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EconomyMacroeconomy
Strong income tax revenues and contained spending maintain budget outperformance in May The budget primary balance was confirmed at a surplus of 5.34 billion euros up to May, compared to a surplus of 3.2 billion euros in the same period a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Wednesday.
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EconomyMacroeconomy
Revenues continue beating targets in May, tight rein on spending remains The budget primary balance ran a surplus of 5.35 billion euros up tp May, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday.
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EconomyMacroeconomy
Q1 GDP virtually unchanged with just 0.04 pct QoQ growth, investments drop sharply Greece’s seasonally adjusted (SA) GDP was virtually unchanged in Q1, rising by 0.04 percent quarter-on-quarter (QoQ), from a 0.8 percent increase in Q4, provisional data from the Hellenic Statistical Authority (ELSTAT) revealed on Friday.
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Economy
Finance Ministry seeks solutions to address growing housing problem After months of taking a beating due to the Tempe crash, the Greek government has launched a concerted effort to change the narrative with an emphasis on issues related to the daily lives of Greeks and has modestly loosened the purse strings with a couple of voter friendly handouts.
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EconomyMacroeconomy
Solid taxes and restrained spending push primary surplus to 5.15 bln by Apr The budget primary balance was confirmed at a surplus of 5.15 billion euros by April, compared to a surplus of 3.28 billion euros in the same period a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Monday.
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EconomyMacroeconomy
Public debt at 402.11 bln in Q1, total cash reserves exceed 40 bln Greece’s central government debt recorded a drop of roughly 1.8 billion euros to 402.11 billion euros in Q1 2025, the Finance Ministry's (MoF) debt bulletin showed on Tuesday.
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EconomyMacroeconomy Significant underspend and strong tax revenues push primary surplus to April above 5 bln The budget primary balance ran a surplus of 5.17 billion euros by April, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Thursday.
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EconomyMacroeconomy
Commitment to reducing debt front and centre in government fiscal policy Greece's debt returned to the forefront of public debate last week following the visit of the Finance Minister Kyriakos Pierrakakis to the PDMA and the optimistic outlook he presented on the future prospects and plans to reduce Greece's debt burden.
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EconomyMacroeconomy
Primary surplus reaches 4.5 bln in March due to property tax collection, significant underspend The budget primary balance was confirmed at a surplus of 4.5 billion euros by March, compared to a surplus of 2.99 billion euros in the same period a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Monday.
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EconomyMacroeconomy
Solid taxes and significant underspend push primary surplus 3.88 bln above target in Q1 The budget primary balance ran a surplus of 4.49 billion euros in Q1, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Tuesday.