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EconomyMacroeconomy
MTFS forecasts growth of up to 6.2 pct in swift economic recovery from Covid The Finance Ministry submitted to Parliament the latest Medium-Term Fiscal Strategy (MTFS) for the 2022-2025 period, during which a strong economic and fiscal recovery is anticipated following the damage inflicted by the pandemic.
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EconomyMacroeconomy
Budget primary shows deficit of 8.17 bln in May, falling below target The budget primary balance recorded a deficit of 8.17 billion euros in the first five months of 2021, compared with a deficit of 4.84 billion in the same period of 2020, the preliminary Finance Ministry (MoF) budget execution bulletin for May showed on Tuesday.
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EconomyMacroeconomy General govt primary cash deficit at 6.66 bln in April; arrears fall Greece’s general government (gg) primary cash deficit came to 3.87 billion euros in the first four months of the year, compared with a deficit of 1.76 billion euros in the same period of 2020, according to the Finance Ministry’s (MoF) monthly gg bulletin.
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EconomyMacroeconomy
Budget primary deficit confirmed at 6.2 bln in April; below target The budget primary balance recorded a deficit of 6.2 billion euros in the first four month of 2021, compared with a deficit of 1.52 billion in the same period of 2020, the preliminary Finance Ministry (MoF) budget execution bulletin for April showed on Tuesday.
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EconomyMacroeconomy
Central government debt rises 6.79 bln to 380.8 bln in Q1 Greece’s central government debt increased by 6.79 billion euros to 380.8 billion euros quarter-on-quarter (QoQ) in the first quarter (Q1) of 2021, from 374 billion euros in the previous quarter, the Finance Ministry's (MoF) debt bulletin showed on Wednesday.
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EconomyMacroeconomy
Budget primary shows deficit of 6.21 bln in April, falling below target as expenditure grows The budget primary balance recorded a deficit of 6.21 billion euros in the first four month of 2021, compared with a deficit of 1.52 billion in the same period of 2020, the preliminary Finance Ministry (MoF) budget execution bulletin for April showed on Monday.
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EconomyMacroeconomy
General govt primary deficit at 3.87 bln in March; spending soars Greece’s general government (gg) primary cash deficit came to 3.87 billion euros in the first three months of the year, compared with a surplus of 1.14 billion euros in the same period of 2020, according to the Finance Ministry’s (MoF) monthly gg bulletin.
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EconomyMacroeconomy
Stability Programme reflects subdued expectations for 2021, high hopes for 2022 onwards Greece has submitted to the European Council and Commission its Stability Programme for the period 2022 -2024, which is based on the activation of the general escape clause that allows temporary violations of fiscal commitments due to the pandemic.
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EconomyMacroeconomy FinMin sees favourable macro environment from next year, boosted by RRF As part of the wider effort to change the narrative that has often brought the government in an awkward spot during the pandemic handling since last summer, the finance minister presented at the cabinet meeting on Monday the objectives and policies that will restart the Greek economy.
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EconomyMacroeconomy Budget primary deficit beats March goal amid resilient income tax take The budget primary balance recorded a deficit of 3.41 billion euros in the first three months of 2021, compared with a surplus of 494 million in the same period of 2020, the final Finance Ministry (MoF) budget execution bulletin for March showed on Monday.