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EconomyMacroeconomy
Central govt debt at 404.29 bln thanks to drops in short-term notes and repos Greece’s central government debt recorded a drop of roughly 3 billion euros to 404.29 billion euros in Q3 2024, the Finance Ministry's (MoF) debt bulletin showed on Tuesday.
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EconomyMacroeconomy
VAT and income tax boost revenues, budget underspend at 4.25 bln in Sep The budget primary balance was confirmed at a surplus of 8.74 billion euros in September, compared to a surplus of 5.3 billion euros in the same period a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Friday.
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EconomyMacroeconomy
Strong taxes and significant underspend push 9M primary balance 3.45 bln above target The budget primary balance recorded a surplus of 8.74 billion euros up to September, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Wednesday.
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EconomyMacroeconomy
New medium term plan to 2028 sees tight fiscal path, moderate growth once RRF concludes The Finance Ministry presented on Monday the latest Medium Term Fiscal Plan for the 2025-2028 after negotiations with Brussels within the context of the new SGP rules.
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EconomyMacroeconomy Budget comfortably beats target up to Aug thanks to 2 bln excess taxes, 3.6 bln underspend The budget primary balance was confirmed at a surplus of 7.57 billion euros in August, compared to a surplus of 5.6 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 Significant underspend pushes 8M primary balance to 7.57 bln The budget primary balance recorded a surplus of 7.57 billion euros by August, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Tuesday.
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EconomyMacroeconomy
Finance Ministry's defence of economic record highlights area of policy weakness The Greek government pulled out all the stops over the last couple of weeks in an attempt to defend its economic record, culminating in the Finance Ministry presenting a document outlining the seven areas in which Greece is outperforming its eurozone peers.
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EconomyMacroeconomy
GDP up by 1.1 pct QoQ, needs 2.8 pct growth in H2 to reach annual forecast Greece’s seasonally adjusted (SA) GDP accelerated its gains in Q2, rising by 1.1 percent quarter-on-quarter (QoQ), from a 0.8 percent rise in Q1, provisional data from the Hellenic Statistical Authority (ELSTAT) revealed on Friday.
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EconomyMacroeconomy
Corporate, income taxes and VAT propel tax outperformance in July above 2 bln The budget primary balance was confirmed at a surplus of 5.67 billion euros in July, compared to a surplus of 3.56 billion euros in the same month a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Monday.
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EconomyMacroeconomy
Central govt debt rises by 1.5 bln in Q2, to 407 bln Greece’s central government debt recorded a rise of roughly 1.5 billion euros to 407.06 billion euros in Q2 2024, the Finance Ministry's (MoF) debt bulletin showed on Monday.