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MoF
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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.
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EconomyMacroeconomy
Nov budget data confirms tax revenue outperformance at 784 mln The budget primary balance recorded a deficit of 7.88 billion euros up to November 2021, compared with a deficit of 13.75 billion in the same period last year, the final Finance Ministry (MoF) budget execution data showed on Monday.
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EconomyMacroeconomy
Buoyed by improved tax revenues, budget deficit comfortably beats target at 7.88 bln in Nov The budget primary balance for the eleven months of the year landed at a deficit of 7.88 billion euros, compared with a deficit of 13.47 billion in the same period last year, according to the preliminary Finance Ministry (MoF) budget execution data released on Wednesday.
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EconomyMacroeconomy
Budget primary deficit to Oct confirmed at 7.18 bln, improving from 9.07 bln last year The budget primary balance landed at a deficit of 7.18 billion euros up to October 2021, compared with a deficit of 9.07 billion in the same period last year, the final Finance Ministry (MoF) budget execution data showed on Monday.
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EconomyMacroeconomy
Amidst Covid and inflation uncertainty, 2022 budget looks forward to solid growth Amidst growing concerns about the impact of the latest pandemic wave and ongoing pressures on the inflation front, led by energy prices, the Finance Ministry tabled a revised final budget for 2022 in which most macro variables and assumptions are improved compared to the draft tabled at the start of October.
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EconomyMacroeconomy
Primary balance on target in Oct, revenues beat target thanks to tax and tourism VAT The budget primary balance up to October landed at a deficit of 7.2 billion euros, compared with a deficit of 9.07 billion in the same period last year, according to the preliminary Finance Ministry (MoF) budget execution data released on Monday.