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EconomyMacroeconomy
Primary budget deficit at 1.69 bln euros in Q1 as tax revenues continue to overperform The budget primary balance for the first three months of 2022 came to a deficit of 1.69 billion euros, compared to a deficit of 3.41 billion euros in the same period last year, according to the preliminary Finance Ministry (MoF) budget execution data released on Tuesday.
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EconomyMacroeconomy
Feb budget primary surplus confirmed at 840 mln, as revenues overperform The budget primary balance for the first two months of 2022 was confirmed to be a surplus of 840 million euros, compared to a deficit of 1.5 billion euros during the same period last year, according to the final Finance Ministry (MoF) budget execution data released on Monday.
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EconomyMacroeconomy
Budget primary balance up to Feb beats target by 1.09 bln on back of underspend The budget primary balance for the first two months of 2022 came to a surplus of 847 million euros, compared to a deficit of 1.5 billion euros in the same period last year, according to the preliminary Finance Ministry (MoF) budget execution data released on Tuesday.
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EconomyMacroeconomy Recovery loses steam in Q4 with 0.4 pct QoQ growth as rise for 2021 hits 8.3 pct Greece’s seasonally adjusted (SA) GDP increased by just 0.4 percent quarter-on-quarter (QoQ) in the last quarter (Q4) of 2021, from a downwards revised 2 percent in the third quarter (Q3), provisional data from the Hellenic Statistical Authority (ELSTAT) revealed on Friday.
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EconomyMacroeconomy
Jan budget deficit confirmed at 15 mln, revenues 610 mln short and spending underexecuted The budget primary balance for the first month of 2022 came to a small surplus of 15 million euros, compared to a deficit of 1.47 billion euros in the same month last year, according to the final Finance Ministry (MoF) budget execution data released on Friday.
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EconomyMacroeconomy
Central govt debt rises again in Q4, reaching 388.3 bln euros Greece’s central government debt increased by roughly 2 billion euros in the last quarter of 2021 to 388.34 billion euros, from 386.82 billion euros in the previous quarter, the Finance Ministry's (MoF) debt bulletin showed on Friday.
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EconomyMacroeconomy
Jan budget execution impacted by unplanned pandemic spending and snowstorm The budget primary balance for the first month of 2022 came to a small surplus of 17 million euros, compared to a deficit of 1.47 billion euros in the same month last year, according to the preliminary Finance Ministry (MoF) budget execution data released on Tuesday.
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EconomyMacroeconomy
Inflation to persist, creating more economic policy challenges It has become increasingly evident that the inflation clouds which started gathering above the Greek economy since June last year are not going anywhere soon as the authorities had hoped when they started announcing a series of support initiatives for households and businesses several months ago.
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EconomyMacroeconomy Final budget data for 2021 affirms revenue overperformance, primary balance below 6 pct of GDP The budget primary balance for the full year landed at a deficit of 10.33 billion euros in 2021, compared to a deficit of 18.2 billion in 2020, according to the final Finance Ministry (MoF) budget execution data released on Tuesday.
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EconomyMacroeconomy
Budget primary deficit improves by 7.2 bln YoY in 2021, beats target by nearly 2 bln The budget primary balance for the full year landed at a deficit of 10.99 billion euros in 2021, compared to a deficit of 18.2 billion in 2020, according to the preliminary Finance Ministry (MoF) budget execution data released on Monday.